Genuine Parts Company (GPC) Reaches $94.10 After 5.00% Down Move; Hornbeck Offshore Services, Inc. (HOS) Had 1 Bullish Analysts

June 19, 2017 - By Peter Erickson

Among 11 analysts covering Hornbeck Offshore (NYSE:HOS), 1 have Buy rating, 2 Sell and 8 Hold. Therefore 9% are positive. Hornbeck Offshore had 18 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Underweight” rating by Stephens given on Wednesday, March 9. The rating was upgraded by Clarckson Platou to “Neutral” on Friday, May 13. The company was upgraded on Wednesday, April 20 by Morgan Stanley. Cowen & Co downgraded the shares of HOS in report on Monday, January 11 to “Market Perform” rating. The rating was downgraded by Clarkson Platou on Tuesday, March 8 to “Sell”. On Tuesday, February 23 the stock rating was maintained by Barclays Capital with “Overweight”. IBERIA Capital Partners downgraded Hornbeck Offshore Services, Inc. (NYSE:HOS) on Friday, October 30 to “Sector Perform” rating. The stock has “Sector Perform” rating by Iberia Capital Partners on Friday, October 30. The rating was downgraded by Iberia Capital Partners on Friday, August 5 to “Underperform”. As per Friday, February 19, the company rating was maintained by Howard Weil. See Hornbeck Offshore Services, Inc. (NYSE:HOS) latest ratings:

The stock of Genuine Parts Company (NYSE:GPC) is a huge mover today! About 275,864 shares traded. Genuine Parts Company (NYSE:GPC) has declined 1.45% since June 19, 2016 and is downtrending. It has underperformed by 18.15% the S&P500.The move comes after 9 months negative chart setup for the $13.98 billion company. It was reported on Jun, 19 by Barchart.com. We have $89.40 PT which if reached, will make NYSE:GPC worth $699.00 million less.

Since March 17, 2017, it had 1 insider buy, and 0 sales for $199,675 activity. HORNBECK TODD M also bought $199,675 worth of Hornbeck Offshore Services, Inc. (NYSE:HOS) shares.

Investors sentiment increased to 1.05 in Q4 2016. Its up 0.03, from 1.02 in 2016Q3. It improved, as 18 investors sold Hornbeck Offshore Services, Inc. shares while 41 reduced holdings. 28 funds opened positions while 34 raised stakes. 35.40 million shares or 6.03% less from 37.68 million shares in 2016Q3 were reported. 91,488 were reported by Citadel Advisors Limited Liability Company. Prudential Fin Incorporated holds 0% or 53,666 shares in its portfolio. Northwestern Mutual Wealth Com, a Wisconsin-based fund reported 51 shares. 28,511 are owned by Wells Fargo Mn. Teachers Retirement Of The State Of Kentucky has invested 0% in Hornbeck Offshore Services, Inc. (NYSE:HOS). Quantbot Ltd Partnership holds 0% or 253 shares in its portfolio. Ws Mgmt Lllp owns 806,300 shares. New York State Teachers Retirement owns 81,803 shares. Deutsche Bank & Trust Ag owns 75,716 shares. Moreover, Pacad Investment Ltd has 0.04% invested in Hornbeck Offshore Services, Inc. (NYSE:HOS) for 39,310 shares. Riverhead Cap Mngmt Limited Com invested 0% of its portfolio in Hornbeck Offshore Services, Inc. (NYSE:HOS). Pine River Capital Mgmt Limited Partnership accumulated 29,000 shares. Capstone Asset Mgmt reported 17,256 shares stake. Creative Planning reported 0% in Hornbeck Offshore Services, Inc. (NYSE:HOS). Trexquant Inv L P has invested 0.04% in Hornbeck Offshore Services, Inc. (NYSE:HOS).

About 636,308 shares traded. Hornbeck Offshore Services, Inc. (NYSE:HOS) has declined 71.10% since June 19, 2016 and is downtrending. It has underperformed by 87.80% the S&P500.

Hornbeck Offshore Services Inc. provides marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The company has market cap of $125.64 million. The Firm focuses on providing marine solutions for the deepwater and ultradeepwater energy industry in domestic and select foreign locations. It currently has negative earnings. The Company, through its subsidiaries, operates offshore supply vessels , multi-purpose support vessels (MPSVs), and a shore-base facility to provide logistics support and specialty services to the offshore gas and oil exploration and production industry, primarily in the United States, Gulf of Mexico, Latin America and selected international markets.

Analysts await Genuine Parts Company (NYSE:GPC) to report earnings on July, 18. They expect $1.31 EPS, up 2.34% or $0.03 from last year’s $1.28 per share. GPC’s profit will be $194.62 million for 17.96 P/E if the $1.31 EPS becomes a reality. After $1.08 actual EPS reported by Genuine Parts Company for the previous quarter, Wall Street now forecasts 21.30% EPS growth.

Among 11 analysts covering Genuine Parts Company (NYSE:GPC), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Genuine Parts Company had 18 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, October 20. The firm has “Neutral” rating given on Thursday, January 19 by Goldman Sachs. The firm has “Sell” rating given on Wednesday, September 30 by Goldman Sachs. The firm has “Neutral” rating given on Wednesday, December 14 by Atlantic Securities. The rating was initiated by Jefferies with “Buy” on Tuesday, September 15. The rating was downgraded by Jefferies to “Hold” on Friday, July 15. RBC Capital Markets maintained the shares of GPC in report on Tuesday, July 21 with “Sector Perform” rating. The stock has “Hold” rating by BB&T Capital on Thursday, October 15. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, April 20. Susquehanna initiated it with “Neutral” rating and $102 target in Friday, August 26 report.

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The company has market cap of $13.98 billion. The Company’s divisions include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other. It has a 20.38 P/E ratio. The automotive segment distributes replacement parts for all makes and models of automobiles, trucks and other vehicles.

Investors sentiment decreased to 0.99 in Q4 2016. Its down 0.21, from 1.2 in 2016Q3. It dropped, as 49 investors sold Genuine Parts Company shares while 211 reduced holdings. 50 funds opened positions while 208 raised stakes. 105.05 million shares or 2.36% more from 102.63 million shares in 2016Q3 were reported. Peak6 Lp invested in 0% or 5,282 shares. Tcw Group Inc invested in 11,058 shares. Savant Capital Ltd Company accumulated 2,138 shares or 0.05% of the stock. Cincinnati Casualty Company holds 1.36% or 15,000 shares. Cambridge Trust owns 103,711 shares or 0.7% of their US portfolio. Bbva Compass Fincl Bank Inc holds 0.08% of its portfolio in Genuine Parts Company (NYSE:GPC) for 11,187 shares. Community State Bank Na holds 0.01% or 300 shares. 4,293 are held by Levin Strategies Limited Partnership. Columbia Asset Mgmt reported 5,255 shares. Nomura Asset Limited stated it has 18,755 shares or 0.03% of all its holdings. Jpmorgan Chase & Company has invested 0.17% in Genuine Parts Company (NYSE:GPC). Nordea Mngmt invested in 5,701 shares. Schafer Cullen Cap Management Inc has invested 1.25% in Genuine Parts Company (NYSE:GPC). Stadion Money Management Ltd Co stated it has 34,119 shares or 0.1% of all its holdings. Davenport And Communication Ltd Com invested in 6,709 shares or 0.01% of the stock.

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