Suntrust Banks INC Increased Genuine Parts Co (GPC) Stake by $12.16 Million

Genuine Parts Company (NYSE:GPC) Corporate LogoDuring Q2 2018 the big money sentiment decreased to 0.89. That’s change of 0.06, from 2018Q1’s 0.95. 34 investors sold all, 203 reduced holdings as GPC ratio turned negative. 156 increased stakes while 56 funds took stakes. Funds hold 107.87 million shares thus 2.85% more from 2018Q1’s 104.87 million shares. Royal Bancorporation Of Canada holds 0.01% or 253,323 shs in its capital. Hendershot invested in 2.74% or 77,679 shs. Old Natl Bank In reported 10,156 shs or 0.05% of all its holdings. Thompson Davis owns 184 shs. Supplemental Annuity Collective Trust Of Nj holds 0.32% or 8,000 shs. Boston Prtnrs holds 0% or 9,010 shs. Beacon Financial Group invested in 53,412 shs or 0.83% of the stock. New York-based Amalgamated Natl Bank has invested 0.04% in Genuine Parts Company (NYSE:GPC). Lakeview Capital Ltd reported 6,343 shs stake. Jpmorgan Chase And Company reported 6.61M shs. Bnp Paribas Asset Mgmt Holding Sa, France-based fund reported 3,969 shs. Oakbrook Invs Ltd Liability Corporation has 6,150 shs for 0.04% of their capital. Nelson Van Denburg And Campbell Wealth Limited Liability Corp invested 0% of its capital in Genuine Parts Company (NYSE:GPC). Retirement Sys Of Alabama accumulated 68,868 shs. Jfs Wealth Advsr Limited Liability Com holds 0.01% or 563 shs.

GPC registered $50,145 net activity with 0 buys and 1 sale since July 26, 2018.

In 2018Q2 SEC form is reported Suntrust Banks Inc’s holdings in Genuine Parts Co (GPC) which was rose by 9.24%. 133,670 shares were bought by Suntrust Banks Inc as the company’s stock rose 7.78% with the market. At the end of 2018Q2, the institutional investor held 1.58M shares of the automotive aftermarket company, valued at $145.08 million, up from 1.45M at the end of the previous reported quarter. Genuine Parts Co has $14.77 billion market cap. The stock decreased 0.46% or $0.47 during the last trading session, touching $100.61.Genuine Parts Company is uptrending after having risen 17.65% since November 10, 2017. GPC has 1.08 million volume or 21.20% up from normal. GPC outperformed by 2.03% the S&P 500.

According to a filing the Suntrust Banks Inc’s stake in Becton Dickinson & Co (NYSE:BDX) was reduced by 24,082 shares to 34,454 shares valued at $8.25 million in 2018Q2. It operates about $18.25 billion US Long portfolio. For a total of 9,237 shares it reduced its holding in Hollyfrontier Corp (NYSE:HFC) by 48,009 shares in the quarter, and has cut its stake in Jpmorgan Chase & Co (AMJ).

There’s a significant Genuine Parts Company (NYSE:GPC) news released by Investorplace.com. It’s an item titled: “The Massive Growth in AAP Stock Could Stall Out” on November 09, 2018.

Genuine Parts Company (NYSE:GPC) Ratings Coverage

In total 2 analysts cover Genuine Parts (NYSE:GPC). “Buy” rating has 0, “Sell” are 1, while 1 are “Hold”. (NYSE:GPC) has 0 bullish analysts. 2 are the (NYSE:GPC)’s ratings reports on 10 Nov 2018 according to StockzIntelligence Inc. On Tuesday, October 30 Bank of America downgraded Genuine Parts Company (NYSE:GPC) to “Underperform” rating. The company rating was maintained by Wedbush on Friday, July 20.

Genuine Parts Company (NYSE:GPC) Institutional Investors Chart

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