Analysts at JP Morgan Reiterate their Overweight rating for Advance Auto Parts (AAP). The Target Given is $11.00; Ruane Cunniff & Goldfarb Cut Its Danaher Del (DHR) Stake

November 15, 2017 - By Adrian Mccoy

Ruane Cunniff & Goldfarb Inc decreased Danaher Corp Del (DHR) stake by 1% reported in 2017Q2 SEC filing. Ruane Cunniff & Goldfarb Inc sold 16,568 shares as Danaher Corp Del (DHR)’s stock declined 2.27%. The Ruane Cunniff & Goldfarb Inc holds 1.65 million shares with $139.08M value, down from 1.66 million last quarter. Danaher Corp Del now has $64.49B valuation. The stock declined 0.52% or $0.48 reaching $92.71 per share. About 201,941 shares traded. Danaher Corporation (NYSE:DHR) has risen 10.62% since November 15, 2016 and is uptrending. It has underperformed by 6.08% the S&P500.

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. $129.08’s average target is 37.47% above currents $93.9 stock price. Advance Auto Parts Inc. had 83 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Underweight” rating by Barclays Capital on Wednesday, August 16. The firm has “Outperform” rating by Wedbush given on Friday, February 12. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, July 6. On Tuesday, August 25 the stock rating was upgraded by Vetr to “Buy”. RBC Capital Markets maintained it with “Outperform” rating and $157 target in Friday, May 20 report. The firm has “Outperform” rating given on Friday, August 14 by RBC Capital Markets. As per Tuesday, September 12, the company rating was downgraded by Citigroup. UBS maintained the shares of AAP in report on Thursday, August 24 with “Buy” rating. The stock of Advance Auto Parts, Inc. (NYSE:AAP) has “Buy” rating given on Friday, May 6 by Goldman Sachs. On Thursday, May 5 the stock rating was downgraded by Raymond James to “Market Perform”.

Since May 26, 2017, it had 6 buys, and 0 selling transactions for $49.68 million activity. $161,364 worth of Advance Auto Parts, Inc. (NYSE:AAP) was bought by Buss Brad W on Tuesday, May 30. The insider LEE EUGENE I JR bought $250,481. Slone Reuben E bought $67,435 worth of stock. Greco Thomas bought $2.15 million worth of stock or 16,000 shares. Another trade for 367 shares valued at $49,648 was made by Karaboutis Adriana on Thursday, June 1. $47.00M worth of stock was bought by Smith Jeffrey C on Friday, May 26.

About 602,079 shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has risen 5.52% since November 15, 2016 and is uptrending. It has underperformed by 11.18% the S&P500.

Investors sentiment increased to 1.07 in 2017 Q2. Its up 0.04, from 1.03 in 2017Q1. It is positive, as 69 investors sold Advance Auto Parts, Inc. 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. Bank & Trust Of Montreal Can has 27,742 shares. Ngam Advsr Ltd Partnership reported 10,979 shares or 0.01% of all its holdings. Panagora Asset Mngmt holds 5,422 shares. Bnp Paribas Arbitrage Sa has 0.01% invested in Advance Auto Parts, Inc. (NYSE:AAP) for 31,473 shares. Hightower Advsrs Limited Liability Corp reported 0.01% stake. 58,300 are held by Tricadia Ltd Liability Co. Moreover, Invsts has 0.1% invested in Advance Auto Parts, Inc. (NYSE:AAP). First Advsr Lp stated it has 0.01% in Advance Auto Parts, Inc. (NYSE:AAP). Jefferies Ltd Llc invested 0.07% in Advance Auto Parts, Inc. (NYSE:AAP). Two Sigma Securities Llc holds 1,788 shares or 0.04% of its portfolio. Webster Commercial Bank N A holds 0.03% or 1,450 shares. Tdam Usa Inc has invested 0.32% in Advance Auto Parts, Inc. (NYSE:AAP). Moreover, Utah Retirement has 0.04% invested in Advance Auto Parts, Inc. (NYSE:AAP) for 12,936 shares. Lpl Fin Ltd Liability Com reported 15,179 shares. Causeway Capital Mgmt Ltd stated it has 2.45% in Advance Auto Parts, Inc. (NYSE:AAP).

Advance Auto Parts, Inc. provides automotive aftermarket parts in North America, serving do-it-for-me and do-it-yourself (DIY), customers. The company has market cap of $6.94 billion. The Company’s stores and branches offer a selection of brand name, original equipment maker (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. It has a 18.75 P/E ratio. It serves through various channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites.

Among 18 analysts covering Danaher Corporation (NYSE:DHR), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. Danaher Corporation had 69 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Danaher Corporation (NYSE:DHR) has “Buy” rating given on Thursday, October 19 by Cowen & Co. RBC Capital Markets maintained Danaher Corporation (NYSE:DHR) rating on Friday, May 27. RBC Capital Markets has “Sector Perform” rating and $99 target. On Wednesday, September 7 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Neutral” rating by Credit Suisse given on Friday, September 4. Jefferies maintained Danaher Corporation (NYSE:DHR) rating on Thursday, June 29. Jefferies has “Buy” rating and $9500 target. The rating was downgraded by Goldman Sachs to “Neutral” on Tuesday, December 8. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, October 23. The rating was upgraded by Citigroup to “Buy” on Friday, February 24. Morgan Stanley reinitiated the stock with “Overweight” rating in Tuesday, December 13 report. The stock of Danaher Corporation (NYSE:DHR) has “Overweight” rating given on Friday, October 6 by Morgan Stanley.

Since May 23, 2017, it had 0 insider purchases, and 1 sale for $910,212 activity. The insider Lalor Angela S sold 10,815 shares worth $910,212.

Investors sentiment increased to 1.41 in Q2 2017. Its up 0.35, from 1.06 in 2017Q1. It is positive, as 42 investors sold DHR shares while 311 reduced holdings. 74 funds opened positions while 423 raised stakes. 508.92 million shares or 0.25% less from 510.21 million shares in 2017Q1 were reported. Lmr Ltd Liability Partnership accumulated 14,290 shares. City Tru Fl holds 0.89% or 27,156 shares. Norris Perne & French Limited Liability Partnership Mi accumulated 46,069 shares. California Pub Employees Retirement, California-based fund reported 1.26M shares. 1832 Asset Mgmt Lp owns 1.17 million shares or 0.45% of their US portfolio. Washington Financial Bank invested in 0.02% or 1,307 shares. Prudential Pcl holds 0.28% or 1.01M shares in its portfolio. Edgemoor Invest holds 7,349 shares. S&Co Inc accumulated 0.03% or 2,820 shares. Great Lakes Limited Liability owns 121,810 shares. Sigma Investment Counselors accumulated 37,615 shares. Massachusetts-based Acadian Asset Lc has invested 0.57% in Danaher Corporation (NYSE:DHR). Financial Bank stated it has 0.01% in Danaher Corporation (NYSE:DHR). Investment Of America has 180,003 shares. Sterling Invest Management has invested 0.54% in Danaher Corporation (NYSE:DHR).

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