Lionstone Capital Management Raised Advance Auto Parts (AAP) Position by $3.08 Million as Market Valuation Rose; Intel (INTC) Share Value Rose While Nicholas Investment Partners LP Has Trimmed Position by $577,714

May 27, 2018 - By Migdalia James

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Leon Lowenstein increased its stake in Advance Auto Parts Inc (AAP) by 20.19% based on its latest 2017Q4 regulatory filing with the SEC. Lionstone Capital Management Llc bought 31,100 shares as the company’s stock rose 14.38% while stock markets declined. The hedge fund run by Leon Lowenstein held 185,100 shares of the other specialty stores company at the end of 2017Q4, valued at $18.45 million, up from 154,000 at the end of the previous reported quarter. Lionstone Capital Management Llc who had been investing in Advance Auto Parts Inc for a number of months, seems to be bullish on the $9.24B market cap company. The stock decreased 0.21% or $0.26 during the last trading session, reaching $124.91. About 1.17 million shares traded or 2.02% up from the average. Advance Auto Parts, Inc. (NYSE:AAP) has declined 22.19% since May 27, 2017 and is downtrending. It has underperformed by 33.74% the S&P500.

Nicholas Investment Partners Lp decreased its stake in Intel Corp (INTC) by 12.59% based on its latest 2017Q4 regulatory filing with the SEC. Nicholas Investment Partners Lp sold 12,559 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 87,182 shares of the semiconductors company at the end of 2017Q4, valued at $4.02M, down from 99,741 at the end of the previous reported quarter. Nicholas Investment Partners Lp who had been investing in Intel Corp for a number of months, seems to be less bullish one the $258.35B market cap company. The stock increased 1.26% or $0.69 during the last trading session, reaching $55.44. About 16.42M shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since May 27, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

More notable recent Advance Auto Parts, Inc. (NYSE:AAP) news were published by: Seekingalpha.com which released: “Credit Suisse defends Advance Auto Parts” on May 23, 2018, also Seekingalpha.com with their article: “Can Advance Auto Parts Turn Itself Around?” published on May 10, 2018, Seekingalpha.com published: “Advance Auto Parts’ (AAP) CEO Tom Greco on Q1 2018 Results – Earnings Call Transcript” on May 22, 2018. More interesting news about Advance Auto Parts, Inc. (NYSE:AAP) were released by: Benzinga.com and their article: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” published on May 23, 2018 as well as Streetinsider.com‘s news article titled: “Pre-Open Movers 05/22: (PLAB) (ACIA) (AAP) Higher; (LBY) (DY) (JCP) Lower (more…)” with publication date: May 22, 2018.

Since February 23, 2018, it had 1 buying transaction, and 2 sales for $757,901 activity. On Friday, March 2 the insider Finley Tammy M sold $39,792. Brouillard John C. sold $202,560 worth of stock or 1,745 shares.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.13, from 1 in 2017Q3. It is positive, as 56 investors sold AAP shares while 110 reduced holdings. 55 funds opened positions while 133 raised stakes. 73.12 million shares or 2.40% less from 74.92 million shares in 2017Q3 were reported. Alliancebernstein Limited Partnership reported 125,267 shares or 0.01% of all its holdings. Numeric Invsts Ltd Com has invested 0.01% in Advance Auto Parts, Inc. (NYSE:AAP). The North Carolina-based Atria Invs Limited Liability Company has invested 0.04% in Advance Auto Parts, Inc. (NYSE:AAP). Apg Asset Mgmt Nv has 103,832 shares for 0.02% of their portfolio. Cullinan Assoc accumulated 11,400 shares. First Quadrant Lp Ca holds 11,933 shares or 0.02% of its portfolio. Stone Ridge Asset Mgmt Limited Liability Com stated it has 0.1% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Paloma Ptnrs Mngmt Company reported 0.02% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Oppenheimer Asset stated it has 0.95% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Bankshares owns 10,500 shares for 0.11% of their portfolio. Profund Llc holds 2,471 shares. Assetmark reported 0% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). The California-based Parallax Volatility Advisers Lp has invested 0% in Advance Auto Parts, Inc. (NYSE:AAP). State Of Tennessee Treasury Department has 19,117 shares for 0.01% of their portfolio. Lpl Fincl Ltd Liability Com accumulated 21,654 shares.

Among 29 analysts covering Advance Auto Parts Inc. (NYSE:AAP), 15 have Buy rating, 3 Sell and 11 Hold. Therefore 52% are positive. Advance Auto Parts Inc. had 104 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Thursday, July 6 with “Sector Perform”. The company was upgraded on Friday, July 7 by Jefferies. The company was maintained on Wednesday, February 22 by Wedbush. Wedbush maintained Advance Auto Parts, Inc. (NYSE:AAP) on Thursday, February 22 with “Buy” rating. The rating was maintained by BTIG Research on Wednesday, October 25 with “Sell”. As per Wednesday, November 15, the company rating was maintained by Citigroup. The stock of Advance Auto Parts, Inc. (NYSE:AAP) has “Hold” rating given on Thursday, March 1 by Credit Suisse. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Equal Weight” rating by Barclays Capital on Monday, August 21. The firm has “Buy” rating by UBS given on Monday, August 7. Deutsche Bank maintained Advance Auto Parts, Inc. (NYSE:AAP) rating on Wednesday, August 17. Deutsche Bank has “Buy” rating and $175 target.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.01, from 1.03 in 2017Q3. It is negative, as 60 investors sold INTC shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. Rand Wealth Limited Liability Company owns 276,528 shares. Steinberg Asset Management invested in 1.33% or 201,067 shares. The Georgia-based Invsts Asset Mngmt Of Georgia Ga Adv has invested 0.83% in Intel Corporation (NASDAQ:INTC). Crestpoint Mngmt Lc holds 58,600 shares. Nomura Inc owns 679,388 shares. Saba Mngmt Limited Partnership holds 0.22% or 60,879 shares. Nicholas Investment Partners Lp holds 87,182 shares. Westpac Banking has invested 0.36% in Intel Corporation (NASDAQ:INTC). 32,793 were accumulated by Autus Asset Mgmt Limited. Northern Trust holds 0.72% or 61.49 million shares. Cedar Hill Associate Ltd Liability Com holds 24,878 shares or 0.2% of its portfolio. Badgley Phelps And Bell owns 0.12% invested in Intel Corporation (NASDAQ:INTC) for 36,310 shares. Capital Ltd Limited Liability holds 0.01% or 694 shares. Mitchell Sinkler & Starr Pa, Pennsylvania-based fund reported 36,080 shares. Gargoyle Invest Advisor Ltd reported 49,000 shares.

Since January 22, 2018, it had 0 insider purchases, and 21 sales for $11.14 million activity. Krzanich Brian M also sold $427,757 worth of Intel Corporation (NASDAQ:INTC) on Thursday, January 25. RENDUCHINTALA VENKATA S M sold $880,540 worth of Intel Corporation (NASDAQ:INTC) on Wednesday, January 31. $1.07 million worth of stock was sold by HUNDT REED E on Tuesday, May 8. The insider BRYANT ANDY D sold $1.89M. 25,000 shares valued at $1.33 million were sold by YOFFIE DAVID B on Tuesday, May 8. McBride Kevin Thomas had sold 686 shares worth $31,943 on Wednesday, February 21.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on July, 26. They expect $0.86 earnings per share, up 19.44% or $0.14 from last year’s $0.72 per share. INTC’s profit will be $4.01B for 16.12 P/E if the $0.86 EPS becomes a reality. After $0.87 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts -1.15% negative EPS growth.

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 3 Sell and 16 Hold. Therefore 65% are positive. Intel Corporation had 264 analyst reports since August 7, 2015 according to SRatingsIntel. On Wednesday, May 31 the stock rating was maintained by Canaccord Genuity with “Hold”. On Friday, April 27 the stock rating was maintained by Needham with “Buy”. Cowen & Co maintained it with “Market Perform” rating and $59.0 target in Thursday, October 22 report. The stock of Intel Corporation (NASDAQ:INTC) has “Buy” rating given on Thursday, April 7 by Brean Capital. Canaccord Genuity downgraded the stock to “Hold” rating in Friday, February 10 report. Raymond James maintained the shares of INTC in report on Tuesday, August 25 with “Underperform” rating. Hilliard Lyons initiated Intel Corporation (NASDAQ:INTC) on Wednesday, July 12 with “Buy” rating. The stock of Intel Corporation (NASDAQ:INTC) has “Overweight” rating given on Thursday, July 21 by Pacific Crest. The stock has “Buy” rating by Credit Suisse on Tuesday, April 3. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by FBR Capital on Thursday, January 25.

Nicholas Investment Partners Lp, which manages about $1.37 billion and $1.52 billion US Long portfolio, upped its stake in Matador Res Co (NYSE:MTDR) by 61,414 shares to 380,698 shares, valued at $11.85M in 2017Q4, according to the filing. It also increased its holding in Hunt J B Trans Svcs Inc (NASDAQ:JBHT) by 18,988 shares in the quarter, for a total of 53,664 shares, and has risen its stake in Burlington Stores Inc (NYSE:BURL).

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Big self-driving car deal for Mobileye” on May 17, 2018, also Seekingalpha.com with their article: “Intel Delivers” published on May 21, 2018, Seekingalpha.com published: “Intel: The 15-Plus Year Breakout – Part 2” on April 28, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Bizjournals.com and their article: “Inside Intel’s 5G development lab (Photos)” published on May 25, 2018 as well as Seekingalpha.com‘s news article titled: “Qualcomm’s Exit Is Intel’s Gain” with publication date: May 09, 2018.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

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