Peapack Gladstone Financial Has Lifted Its Position in Genuine Parts Co (GPC) by $605.69 Million; Silchester International Investors Llp Has Cut Vale S A (VALE) Position by $95.59 Million

May 22, 2018 - By Darrin Black

Vale S.A. (NYSE:VALE) Logo

Silchester International Investors Llp decreased its stake in Vale S A (VALE) by 17.91% based on its latest 2017Q4 regulatory filing with the SEC. Silchester International Investors Llp sold 7.97M shares as the company’s stock rose 3.76% while stock markets declined. The institutional investor held 36.50M shares of the precious metals company at the end of 2017Q4, valued at $446.42 million, down from 44.47M at the end of the previous reported quarter. Silchester International Investors Llp who had been investing in Vale S A for a number of months, seems to be less bullish one the $75.09 billion market cap company. The stock decreased 0.03% or $0.005 during the last trading session, reaching $14.405. About 16.34 million shares traded. Vale S.A. (NYSE:VALE) has risen 38.24% since May 22, 2017 and is uptrending. It has outperformed by 26.69% the S&P500.

Peapack Gladstone Financial Corp increased its stake in Genuine Parts Co (GPC) by 19.91% based on its latest 2017Q4 regulatory filing with the SEC. Peapack Gladstone Financial Corp bought 6,375 shares as the company’s stock declined 6.84% with the market. The institutional investor held 38,392 shares of the automotive aftermarket company at the end of 2017Q4, valued at $3.65B, up from 32,017 at the end of the previous reported quarter. Peapack Gladstone Financial Corp who had been investing in Genuine Parts Co for a number of months, seems to be bullish on the $13.55 billion market cap company. The stock decreased 1.25% or $1.17 during the last trading session, reaching $92.35. About 1.55 million shares traded or 63.99% up from the average. Genuine Parts Company (NYSE:GPC) has declined 4.48% since May 22, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Peapack Gladstone Financial Corp, which manages about $1862.93B US Long portfolio, decreased its stake in Ishares S&P Smallcap 600/Val Etf (IJS) by 350 shares to 5,557 shares, valued at $853.39 million in 2017Q4, according to the filing. It also reduced its holding in Avery Dennison Corp (NYSE:AVY) by 4,289 shares in the quarter, leaving it with 114,217 shares, and cut its stake in Blackstone Group Lp (NYSE:BX).

Among 13 analysts covering Genuine Parts Company (NYSE:GPC), 1 have Buy rating, 2 Sell and 10 Hold. Therefore 8% are positive. Genuine Parts Company had 34 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Gabelli given on Tuesday, October 20. Jefferies maintained the shares of GPC in report on Wednesday, April 19 with “Hold” rating. The company was maintained on Friday, September 8 by Jefferies. The stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by Jefferies on Wednesday, October 11. The rating was initiated by Guggenheim on Tuesday, April 17 with “Hold”. The stock of Genuine Parts Company (NYSE:GPC) has “Underperform” rating given on Wednesday, February 21 by Bank of America. As per Friday, July 21, the company rating was upgraded by Gabelli. The firm has “Neutral” rating given on Thursday, January 19 by Goldman Sachs. The stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by RBC Capital Markets on Friday, October 20. RBC Capital Markets maintained it with “Sector Perform” rating and $92.0 target in Tuesday, October 20 report.

Another recent and important Genuine Parts Company (NYSE:GPC) news was published by Seekingalpha.com which published an article titled: “Genuine Parts comments on Staples-Essendant deal” on May 17, 2018.

Investors sentiment decreased to 0.94 in Q4 2017. Its down 0.02, from 0.96 in 2017Q3. It is negative, as 39 investors sold GPC shares while 202 reduced holdings. 56 funds opened positions while 171 raised stakes. 106.29 million shares or 1.72% less from 108.15 million shares in 2017Q3 were reported. First Republic Inv Mngmt holds 0.01% or 19,825 shares in its portfolio. State Of Wisconsin Investment Board owns 135,683 shares. Tiaa Cref Inv Mgmt Lc stated it has 0.03% of its portfolio in Genuine Parts Company (NYSE:GPC). Orca Mgmt Ltd invested in 0.38% or 4,566 shares. Srb owns 0.03% invested in Genuine Parts Company (NYSE:GPC) for 2,221 shares. Court Place invested in 5,022 shares. Edmp Inc stated it has 2,305 shares or 0.2% of all its holdings. Moreover, Hanson And Doremus Invest Mngmt has 0.01% invested in Genuine Parts Company (NYSE:GPC). Caisse De Depot Et Placement Du Quebec has invested 0.81% in Genuine Parts Company (NYSE:GPC). Orrstown Financial Svcs Incorporated has 741 shares for 0.08% of their portfolio. Ftb Inc has invested 0.06% of its portfolio in Genuine Parts Company (NYSE:GPC). Fjarde Ap accumulated 49,032 shares. Old Dominion Capital stated it has 0.72% of its portfolio in Genuine Parts Company (NYSE:GPC). Korea Invest has 0.01% invested in Genuine Parts Company (NYSE:GPC). Acadian Asset Mngmt Ltd Co holds 135 shares or 0% of its portfolio.

Another recent and important Vale S.A. (NYSE:VALE) news was published by Seekingalpha.com which published an article titled: “Vale’s Q1 results come in weaker than expected” on April 26, 2018.

Among 27 analysts covering Vale S.A. (NYSE:VALE), 14 have Buy rating, 1 Sell and 12 Hold. Therefore 52% are positive. Vale S.A. had 79 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was upgraded by UBS to “Neutral” on Monday, October 19. The stock has “Hold” rating by Jefferies on Monday, July 10. The firm earned “Equal-Weight” rating on Wednesday, September 21 by Barclays Capital. The firm has “Hold” rating given on Tuesday, April 24 by RBC Capital Markets. The firm earned “Hold” rating on Friday, May 26 by Credit Suisse. The stock of Vale S.A. (NYSE:VALE) earned “Market Perform” rating by Renaissance Capital on Thursday, January 12. The firm has “Sell” rating by CLSA given on Thursday, April 14. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Tuesday, August 9. As per Wednesday, June 28, the company rating was maintained by BMO Capital Markets. On Friday, September 1 the stock rating was maintained by BMO Capital Markets with “Hold”.

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>