September 30, 2017 – By Ellis Scott
Investors sentiment increased to 1.07 in Q2 2017. Its up 0.04, from 1.03 in 2017Q1. It is positive, as 69 investors sold AAP shares while 122 reduced holdings. 42 funds opened positions while 162 raised stakes. 76.44 million shares or 3.29% more from 74.00 million shares in 2017Q1 were reported. Acadian Asset Limited reported 0% in Advance Auto Parts, Inc. (NYSE:AAP). Comml Bank Of America De has 0.01% invested in Advance Auto Parts, Inc. (NYSE:AAP). 18,382 were reported by Fjarde Ap. Webster Bank N A owns 1,450 shares. Moreover, Westwood Grp Inc has 0.03% invested in Advance Auto Parts, Inc. (NYSE:AAP). 2.40M were accumulated by Soroban Cap Lp. 13,188 were accumulated by State Bank. Victory Inc has invested 0.01% in Advance Auto Parts, Inc. (NYSE:AAP). Pub Sector Pension Invest Board invested in 0.01% or 8,100 shares. Moreover, Goldman Sachs Group Inc has 0.03% invested in Advance Auto Parts, Inc. (NYSE:AAP). Clinton Group Incorporated has invested 0.37% in Advance Auto Parts, Inc. (NYSE:AAP). Sei Invests invested in 85,532 shares. Gemmer Asset Mgmt Ltd Liability accumulated 162 shares. 35,804 were accumulated by Retirement Systems Of Alabama. Shine Inv Advisory Svcs Inc reported 482 shares.
Since May 26, 2017, it had 6 buys, and 0 insider sales for $49.68 million activity. $2.15M worth of Advance Auto Parts, Inc. (NYSE:AAP) shares were bought by Greco Thomas. Another trade for 500 shares valued at $67,435 was made by Slone Reuben E on Tuesday, May 30. LEE EUGENE I JR bought $250,481 worth of Advance Auto Parts, Inc. (NYSE:AAP) on Friday, May 26. Another trade for 350,000 shares valued at $47.00 million was made by Smith Jeffrey C on Friday, May 26. Shares for $161,364 were bought by Buss Brad W on Tuesday, May 30.
Richmond Hill Investments Llc increased its stake in Advance Auto Parts Inc (AAP) by 59.99% based on its latest 2017Q2 regulatory filing with the SEC. Richmond Hill Investments Llc bought 33,295 shares as the company’s stock declined 6.26% while stock markets rallied. The hedge fund held 88,797 shares of the other specialty stores company at the end of 2017Q2, valued at $10.35 million, up from 55,502 at the end of the previous reported quarter. Richmond Hill Investments Llc who had been investing in Advance Auto Parts Inc for a number of months, seems to be bullish on the $7.33B market cap company. The stock decreased 0.30% or $0.3 on September 29, reaching $99.2. About 1.88M shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has risen 5.52% since September 30, 2016 and is uptrending. It has underperformed by 11.18% the S&P500.
More notable recent Advance Auto Parts, Inc. (NYSE:AAP) news were published by: Investorplace.com which released: “Trade of the Day: Advance Auto Parts, Inc. (AAP)” on September 20, 2017, also Forbes.com with their article: “Ex-Dividend Reminder: Royal Caribbean Cruises, Advance Auto Parts and Omnicom …” published on September 19, 2017, Nasdaq.com published: “Advance Auto Parts (AAP) Up 14.9% Since Earnings Report: Can It Continue?” on September 15, 2017. More interesting news about Advance Auto Parts, Inc. (NYSE:AAP) were released by: Prnewswire.com and their article: “Stock Performance Review on Services Sector — AutoZone, O’Reilly Automotive …” published on September 08, 2017 as well as Seekingalpha.com‘s news article titled: “Auto names roar after M&A buzz” with publication date: September 25, 2017.
Advance Auto Parts, Inc. (NYSE:AAP) Ratings Coverage
Among 26 analysts covering Advance Auto Parts Inc. (NYSE:AAP), 13 have Buy rating, 3 Sell and 10 Hold. Therefore 50% are positive. Advance Auto Parts Inc. has $217 highest and $13 lowest target. $134.36’s average target is 35.44% above currents $99.2 stock price. Advance Auto Parts Inc. had 77 analyst reports since August 5, 2015 according to SRatingsIntel. Gabelli initiated the shares of AAP in report on Friday, April 15 with “Hold” rating. Zacks upgraded the stock to “Buy” rating in Monday, September 7 report. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Hold” rating by BB&T Capital on Tuesday, December 15. The rating was maintained by Citigroup on Wednesday, August 17 with “Neutral”. On Tuesday, August 15 the stock rating was maintained by Oppenheimer with “Hold”. Citigroup maintained it with “Neutral” rating and $145 target in Friday, May 20 report. The firm earned “Buy” rating on Friday, July 7 by Jefferies. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Neutral” rating by Sterne Agee CRT on Friday, November 13. The firm has “Outperform” rating by Wedbush given on Wednesday, February 22. As per Monday, September 18, the company rating was maintained by Argus Research.
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