Genuine Parts Co Com (GPC) Holder First Long Island Investors Has Increased Stake; As Nxp Semiconductors N V Com (NXPI) Market Valuation Rose, Shareholder Thompson Investment Management Has Lowered by $7.17 Million Its Holding

February 15, 2018 - By Stephen Andrade

First Long Island Investors Llc increased its stake in Genuine Parts Co Com (GPC) by 51.88% based on its latest 2017Q3 regulatory filing with the SEC. First Long Island Investors Llc bought 41,435 shares as the company’s stock declined 8.49% while stock markets rallied. The hedge fund held 121,306 shares of the automotive aftermarket company at the end of 2017Q3, valued at $11.60 million, up from 79,871 at the end of the previous reported quarter. First Long Island Investors Llc who had been investing in Genuine Parts Co Com for a number of months, seems to be bullish on the $14.51 billion market cap company. The stock increased 2.30% or $2.22 during the last trading session, reaching $98.95. About 922,798 shares traded or 9.81% up from the average. Genuine Parts Company (NYSE:GPC) has declined 1.45% since February 15, 2017 and is downtrending. It has underperformed by 18.15% the S&P500.

Thompson Investment Management Inc decreased its stake in Nxp Semiconductors N V Com (NXPI) by 95.44% based on its latest 2017Q3 regulatory filing with the SEC. Thompson Investment Management Inc sold 63,410 shares as the company’s stock rose 5.22% with the market. The institutional investor held 3,030 shares of the semiconductors company at the end of 2017Q3, valued at $343,000, down from 66,440 at the end of the previous reported quarter. Thompson Investment Management Inc who had been investing in Nxp Semiconductors N V Com for a number of months, seems to be less bullish one the $38.95 billion market cap company. The stock decreased 1.14% or $1.32 during the last trading session, reaching $114.88. About 4.37 million shares traded or 61.88% up from the average. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 24.67% since February 15, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.06, from 0.9 in 2017Q2. It improved, as 46 investors sold GPC shares while 195 reduced holdings. 55 funds opened positions while 176 raised stakes. 108.15 million shares or 1.25% more from 106.82 million shares in 2017Q2 were reported. State Of Tennessee Treasury Department has 0.02% invested in Genuine Parts Company (NYSE:GPC) for 50,455 shares. Regions Corp has 0.21% invested in Genuine Parts Company (NYSE:GPC) for 189,654 shares. Cincinnati Indemnity holds 15,000 shares or 5.61% of its portfolio. Bancorp Of Nova Scotia has invested 0.01% of its portfolio in Genuine Parts Company (NYSE:GPC). Pinnacle Financial Inc reported 4,904 shares. Buckingham Asset Ltd Llc owns 6,975 shares for 0.16% of their portfolio. The New Mexico-based New Mexico Educational Retirement Board has invested 0.06% in Genuine Parts Company (NYSE:GPC). Axa invested in 126,200 shares or 0.05% of the stock. Stadion Money Ltd owns 0.07% invested in Genuine Parts Company (NYSE:GPC) for 21,762 shares. Ftb Inc owns 1,000 shares. Johnson Fincl Gru reported 0.03% of its portfolio in Genuine Parts Company (NYSE:GPC). Natl Pension Service invested in 0.08% or 161,034 shares. Kentucky Retirement Insur Trust Fund invested in 3,897 shares or 0.07% of the stock. Dean Invest Associates Ltd Llc holds 0.37% of its portfolio in Genuine Parts Company (NYSE:GPC) for 25,358 shares. Swiss Bank holds 0.06% or 543,530 shares in its portfolio.

Among 12 analysts covering Genuine Parts Company (NYSE:GPC), 2 have Buy rating, 3 Sell and 7 Hold. Therefore 17% are positive. Genuine Parts Company had 29 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained Genuine Parts Company (NYSE:GPC) on Thursday, April 20 with “Sector Perform” rating. Wedbush maintained Genuine Parts Company (NYSE:GPC) rating on Thursday, October 20. Wedbush has “Neutral” rating and $95 target. The firm earned “Sell” rating on Thursday, July 6 by Goldman Sachs. The rating was initiated by Jefferies on Tuesday, September 15 with “Buy”. RBC Capital Markets maintained it with “Hold” rating and $96 target in Friday, May 26 report. The rating was maintained by RBC Capital Markets on Tuesday, October 20 with “Sector Perform”. Jefferies maintained Genuine Parts Company (NYSE:GPC) rating on Monday, June 26. Jefferies has “Hold” rating and $9500 target. Jefferies maintained the stock with “Hold” rating in Friday, September 8 report. As per Monday, February 12, the company rating was maintained by RBC Capital Markets. The rating was downgraded by Goldman Sachs to “Sell” on Wednesday, September 30.

First Long Island Investors Llc, which manages about $805.84 million and $689.63M US Long portfolio, decreased its stake in Bank Amer Corp Com (NYSE:BAC) by 32,960 shares to 411,881 shares, valued at $10.44 million in 2017Q3, according to the filing. It also reduced its holding in Adobe Sys Inc Com (NASDAQ:ADBE) by 16,956 shares in the quarter, leaving it with 120,032 shares, and cut its stake in Paypal Holdings Inc..

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