Genuine Parts (GPC) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its stake in shares of Genuine Parts (NYSE:GPC) by 25.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 30,695 shares of the specialty retailer’s stock after selling 10,388 shares during the period. SG Americas Securities LLC’s holdings in Genuine Parts were worth $2,947,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of GPC. Private Capital Group LLC increased its stake in Genuine Parts by 38.3% in the fourth quarter. Private Capital Group LLC now owns 469 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 130 shares during the last quarter. Ipswich Investment Management Co. Inc. acquired a new stake in shares of Genuine Parts during the fourth quarter worth $48,000. Ffcm LLC lifted its holdings in shares of Genuine Parts by 43.4% during the third quarter. Ffcm LLC now owns 14,322 shares of the specialty retailer’s stock worth $108,000 after purchasing an additional 4,332 shares during the period. Quantamental Technologies LLC acquired a new stake in shares of Genuine Parts during the fourth quarter worth $125,000. Finally, Resources Management Corp CT ADV purchased a new position in Genuine Parts in the third quarter worth $159,000. Institutional investors own 80.54% of the company’s stock.

In other news, Director John R. Holder purchased 500 shares of the stock in a transaction dated Monday, November 26th. The stock was acquired at an average cost of $100.81 per share, for a total transaction of $50,405.00. Following the acquisition, the director now owns 7,058 shares of the company’s stock, valued at $711,516.98. The acquisition was disclosed in a filing with the SEC, which is available at this link. 3.10% of the stock is currently owned by insiders.

Shares of NYSE GPC opened at $102.84 on Friday. Genuine Parts has a twelve month low of $85.80 and a twelve month high of $105.89. The company has a quick ratio of 0.71, a current ratio of 1.33 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $15.10 billion, a PE ratio of 22.16, a PEG ratio of 3.43 and a beta of 1.03.

A number of brokerages have recently weighed in on GPC. ValuEngine cut Genuine Parts from a “buy” rating to a “hold” rating in a research report on Thursday, November 1st. Bank of America cut Genuine Parts from a “neutral” rating to an “underperform” rating and set a $105.00 price objective for the company. in a research report on Tuesday, October 30th. Zacks Investment Research raised Genuine Parts from a “hold” rating to a “buy” rating and set a $104.00 price target on the stock in a research note on Friday, January 4th. Finally, Wedbush reissued a “neutral” rating on shares of Genuine Parts in a research note on Tuesday, January 15th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $103.00.

TRADEMARK VIOLATION WARNING: This piece of content was originally posted by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at

About Genuine Parts

Genuine Parts Company distributes automotive replacement and industrial parts, electrical and electronic materials, and business products in the United States, Canada, Mexico, Australasia, France, the United Kingdom, Germany, and Poland. The company distributes automotive replacement parts for imported vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, and heavy duty equipment through 57 NAPA automotive parts distribution centers and 1,100 NAPA AUTO PARTS stores.

Featured Story: Calculate Your Return on Investment (ROI)

Want to see what other hedge funds are holding GPC? Visit to get the latest 13F filings and insider trades for Genuine Parts (NYSE:GPC).

Institutional Ownership by Quarter for Genuine Parts (NYSE:GPC)

Receive News & Ratings for Genuine Parts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genuine Parts and related companies with's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit