Mutual of USA Capital Management LLC Sells 386 Shares of Genuine Parts (NYSE:GPC) – Information Global Internet

Mutual of USA Capital Management LLC revilement its wager in Genuine Parts (NYSE:GPC – Free Report) by 2.1% in the prototypal quarter, according to its most past Form 13F filing with the Securities & Exchange Commission. The concern owned 18,392 shares of the specialty retailer’s hit after commerce 386 shares during the quarter. Mutual of USA Capital Management LLC’s holdings in Genuine Parts were worth $2,849,000 as of its most past filing with the Securities & Exchange Commission.

Several another super investors also fresh added to or baritone their wager in GPC. Norges Bank bought a newborn wager in Genuine Parts during the ordinal lodge valued at roughly $215,643,000. International Assets Investment Management LLC boosted its function in shares of Genuine Parts by 15,175.4% in the ordinal quarter. International Assets Investment Management LLC today owns 713,056 shares of the specialty retailer’s hit worth $98,758,000 after purchase an added 708,388 shares during the period. Stifel Financial Corp boosted its function in shares of Genuine Parts by 27.0% in the ordinal quarter. Stifel Financial Corp today owns 2,029,388 shares of the specialty retailer’s hit worth $281,078,000 after purchase an added 431,623 shares during the period. Morningstar Investment Services LLC boosted its function in shares of Genuine Parts by 161.2% in the ordinal quarter. Morningstar Investment Services LLC today owns 578,555 shares of the specialty retailer’s hit worth $80,066,000 after purchase an added 357,091 shares during the period. Finally, physicist Schwab Investment Management Inc. boosted its function in shares of Genuine Parts by 7.4% in the ordinal quarter. physicist Schwab Investment Management Inc. today owns 2,707,699 shares of the specialty retailer’s hit worth $353,436,000 after purchase an added 185,913 shares during the period. 78.83% of the hit is currently owned by institutionalised investors.

Insider Activity at Genuine Parts

In another news, Director Wendy B. Needham oversubscribed 3,000 shares of the hit in a dealings on Tuesday, May 21st. The shares were oversubscribed at an cipher toll of $151.29, for a amount continuance of $453,870.00. Following the sale, the administrator today owns 13,006 shares of the company’s stock, valued at $1,967,677.74. The understanding was unconcealed in a jural filing with the SEC, which is acquirable at this hyperlink. 0.37% of the hit is owned by insiders.

Analysts Set New Price Targets

A sort of equities analysts hit weighed in on GPC shares. Truist Financial upped their toll direct on shares of Genuine Parts from $167.00 to $183.00 and gave the hit a “buy” judgement in a investigate inform on Friday, Apr 19th. Wedbush reiterated a “neutral” judgement and issued a $170.00 toll direct (up from $140.00) on shares of Genuine Parts in a investigate inform on Friday, Apr 19th. Evercore ISI dropped their toll direct on shares of Genuine Parts from $165.00 to $160.00 and ordered an “in-line” judgement for the consort in a investigate inform on Tuesday, July 2nd. UBS Group down their direct toll on shares of Genuine Parts from $165.00 to $150.00 and ordered a “neutral” judgement on the hit in a inform on Wednesday, July 3rd. Finally, StockNews.com upraised shares of Genuine Parts from a “hold” judgement to a “buy” judgement in a inform on Friday, May 24th. Six investigate analysts hit rated the hit with a stop judgement and threesome hit presented a acquire judgement to the company’s stock. Based on accumulation from MarketBeat.com, the consort presently has a consensus judgement of “Hold” and a consensus toll direct of $167.75.

Check Out Our Latest Stock Analysis on GPC

Genuine Parts Price Performance

GPC stock unsealed at $138.29 on Friday. The consort has a mart estimation of $19.26 billion, a PE ratio of 15.42 and a beta of 0.92. The company’s banknote period agitated cipher toll is $143.39 and its 200-day agitated cipher toll is $146.15. The consort has a debt-to-equity ratio of 0.69, a hurried ratio of 0.59 and a underway ratio of 1.14. Genuine Parts has a digit assemblage baritone of $126.35 and a digit assemblage broad of $169.04.

Genuine Parts (NYSE:GPC – Get Free Report) terminal free its quarterly earnings results on Thursday, Apr 18th. The specialty merchandiser reportable $2.22 earnings per deal (EPS) for the quarter, fighting analysts’ consensus estimates of $2.15 by $0.07. The consort had income of $5.78 1000000000 for the quarter, compared to the consensus judge of $5.84 billion. Genuine Parts had a gain edge of 5.46% and a convey on justness of 30.92%. Genuine Parts’s income was up .3% on a year-over-year basis. During the aforementioned lodge in the preceding year, the concern attained $2.14 earnings per share. On average, equities analysts look that Genuine Parts module place 9.92 EPS for the underway business year.

Genuine Parts Announces Dividend

The concern also fresh proclaimed a quarterly dividend, which was paying on Monday, July 1st. Investors of achievement on Friday, June 7th were paying a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized foundation and a consent of 2.89%. The ex-dividend fellow of this dividend was Friday, June 7th. Genuine Parts’s payout ratio is 44.59%.

Genuine Parts Profile

(Free Report)

Genuine Parts Company distributes moving equal parts, and industrialized parts and materials. It operates in digit segments: Automotive Parts Group and Industrial Parts Group segments. The consort distributes moving equal parts for organism and automobile vehicles, trucks, SUVs, buses, motorcycles, nonprofessional vehicles, farm vehicles, diminutive engines, farm equipment, marine equipment, and onerous obligation equipment; and equipment and parts utilised by bushel shops, assist stations, fast operators, automobile and pushcart dealers, leasing companies, charabanc and pushcart lines, accumulation merchandisers, farms, and individuals.

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