Virtu KCG Holdings upgraded its position in Advance Auto Parts (NYSE:AAP) by 382.4% through out the 2nd period, based on a filing with the securities and exchange commission. The hedge fund held 16,343 stocks of the firms shares after scooping up an extra 12,955 shares through out the period. Virtu KCG Holdings LLC’s holdings in Advance Auto Parts were valued $1,905,000 during the latest fiscal quarter.
Advance Auto Parts (NYSE AAP) transacted up 0.40% through out intraday market trading on early Wed, topping $97.98. 33,259 stocks of the shares transacted hands. Advance Auto Parts has a 1 year low of $82.21 has a 1 year high of $177.83. Valuation of the business is $7.21 B, a price to earnings ratio of 15.80 along with a stock beta of 0.90. the firms 50 day SMA price is $99.61 and the 200 day SMA is $125.12.
Other investment firms lately purchased or disposed their positions in The corporation. Van ECK Associates upgraded its holdings in stocks of Advance Auto Parts by 7.5% in the Q1. Van ECK Associates has an ownership of 966 stocks of the firms shares valued $143,000 after scooping up an extra 67 stocks in the previous period. Global X Management upgraded its holdings in stocks of Advance Auto Parts by 28.9% in the Q1. Global X Management has an ownership of 972 stocks of the firms shares valued $144,000 after scooping up an extra 218 stocks in the previous period. Harbour Capital Advisors bought a fresh stake in stocks of Advance Auto Parts in during the Q1 which is valued $148,000. Tobam bought a fresh stake in stocks of Advance Auto Parts in the Fiscal Q2 valued $118,000. Lastly, Huntington National Bank upgraded its holdings in stocks of Advance Auto Parts by 37.1% in the Fiscal Q2. Huntington National Bank has an ownership of 1,046 stocks of the firms shares valued $122,000 after scooping up an extra 283 stocks in the previous period.
Advance Auto Parts (NYSE:AAP) previously disclosed its fiscal periodic earnings information on early Tue, Aug 15th. The corporation posted $1.58 EPS (EPS) for the period, falling below brokerage firms expectations of $1.65 by ($0.07). the business reported sales of $2.26 B for the period end, compared to analysts’ anticipations of $2.26 B. Advance Auto Parts had a net profit margin of 3.91% and a ROE of 14.71%. The company’s end of quarter revenue went up .3% compared with the same period in the prior year. for the same period in the prior fiscal year, firm reported $1.90 Earnings Per Share. on consensus, financial stock experts expect that Advance Auto Parts to post $5.16 earnings per share for the financial year.
As of late the company also disclosed a divided for the quarter, expected to be paid on early Fri, Oct 6th. traders with a divided record date on Fri, Sep 22nd will get a dividend of $0.06 for a share. this indicates a $0.24 annual dividend and a payout of 0.25%. The ex-dividend date is Thurs, Sep 21st. Advance Auto Parts’s yield is 4.80%.
Many analysts commented on AAP. Jefferies boosted Advance Auto Parts from a “hold” recommendation to a “buy” recommendation and downgraded their PT for the shares from $150.00 to $130.00 in a study note published on Fri, Jul 7th. The move was based on the current stock valulation. Credit Suisse Group fixed a $150.00 target price on the stock of Advance Auto Parts and issued the shares a “buy” recommendation in a analysis note on Mon, Jun 26th. Goldman Sachs Group, (The) reiterated a “buy” recommendation on stocks of Advance Auto Parts in a study note published on Wed, May 31st. Maxim Group reiterated a “buy” recommendation on stocks of Advance Auto Parts in a study note published on early Thur, Jun 29th. Lastly, Deutsche Bank AG reiterated a “buy” recommendation and given a $139.00 price objective (down prior from $164.00) on stocks of Advance Auto Parts in a study note published on Fri, Jul 21st. Five research experts recommended the company shares with a sell recommendation, around seven have issued a hold recommendation, eleven has issued a buy recommendation and 1 has released a strong buy recommendation to the firms shares. the share presently has a average recommendation of “Hold” and a consensus price objective of $123.08.