Guggenheim Reports Initiation of Genuine Parts Company (GPC); Oil Dri Of America (ODC)’s Sentiment Is 1.57

April 17, 2018 - By Richard Conner

Genuine Parts Company (NYSE:GPC) Logo

Oil Dri Corp Of America (ODC) investors sentiment decreased to 1.57 in 2017 Q4. It’s down -0.89, from 2.46 in 2017Q3. The ratio is negative, as 33 funds opened new or increased holdings, while 21 sold and reduced equity positions in Oil Dri Corp Of America. The funds in our database now own: 3.79 million shares, up from 3.77 million shares in 2017Q3. Also, the number of funds holding Oil Dri Corp Of America in top ten holdings was flat from 1 to 1 for the same number . Sold All: 4 Reduced: 17 Increased: 22 New Position: 11.

New York: Genuine Parts Company (NYSE:GPC) coverage was initiated with a Hold rating by stock analysts at Guggenheim. This was shared with investors and clients in a report on Tuesday, 17 April.

Harvey Partners Llc holds 5.53% of its portfolio in Oil-Dri Corporation of America for 105,000 shares. Needham Investment Management Llc owns 62,800 shares or 0.69% of their US portfolio. Moreover, Teton Advisors Inc. has 0.51% invested in the company for 132,500 shares. The Florida-based Zpr Investment Management has invested 0.5% in the stock. Cardinal Capital Management, a North Carolina-based fund reported 32,674 shares.

Since January 1, 0001, it had 1 buying transaction, and 0 insider sales for $37,100 activity.

The stock decreased 0.63% or $0.26 during the last trading session, reaching $40.99. About 3,114 shares traded. Oil-Dri Corporation of America (ODC) has risen 2.17% since April 17, 2017 and is uptrending. It has underperformed by 9.38% the S&P500.

Oil-Dri Corporation of America develops, makes, and markets sorbent products in the United States and internationally. The company has market cap of $299.94 million. It provides agricultural and horticultural products, including functional granules and powders for crop protection chemical carriers, drying agents, and growing media under the Agsorb, Verge, Flo-Fre, and Terra-Green brand names. It has a 47.17 P/E ratio. The firm also offers animal health and nutrition products, such as animal feed pellet binders for the livestock and aquaculture industries under the Amlan, Calibrin, ConditionAde, Pel-Unite, and Pel-Unite Plus brand names; and sports products for use on baseball, softball, football, and soccer fields under the ProÂ’s Choice brand name.

Analysts await Genuine Parts Company (NYSE:GPC) to report earnings on April, 19 before the open. They expect $1.32 earnings per share, up 22.22% or $0.24 from last year’s $1.08 per share. GPC’s profit will be $193.70M for 17.16 P/E if the $1.32 EPS becomes a reality. After $1.12 actual earnings per share reported by Genuine Parts Company for the previous quarter, Wall Street now forecasts 17.86% EPS growth.

Investors sentiment decreased to 0.94 in Q4 2017. Its down 0.02, from 0.96 in 2017Q3. It dived, as 39 investors sold Genuine Parts Company shares while 202 reduced holdings. 56 funds opened positions while 171 raised stakes. 106.29 million shares or 1.72% less from 108.15 million shares in 2017Q3 were reported. Ftb Advisors Inc holds 0.06% in Genuine Parts Company (NYSE:GPC) or 6,872 shares. First Allied Advisory has 2,324 shares for 0.01% of their portfolio. Whittier Trust Company has invested 0.14% in Genuine Parts Company (NYSE:GPC). Boston Family Office Llc reported 0.1% in Genuine Parts Company (NYSE:GPC). Federated Pa has invested 0.01% in Genuine Parts Company (NYSE:GPC). Hyman Charles D holds 11,403 shares or 0.12% of its portfolio. 3,718 are held by Haverford Fin Services Inc. Supplemental Annuity Collective Trust Of Nj owns 10,000 shares. Iat Reinsurance Company Ltd stated it has 0.55% of its portfolio in Genuine Parts Company (NYSE:GPC). Gamble Jones Investment Counsel reported 10,534 shares. Kornitzer Capital Mngmt Ks has 8,550 shares for 0.01% of their portfolio. Vident Invest Advisory Lc holds 0.02% of its portfolio in Genuine Parts Company (NYSE:GPC) for 4,020 shares. Campbell Inv Adviser Limited Liability accumulated 5,424 shares. 10,952 were accumulated by Buckhead Capital Management Limited Liability. Cincinnati Ins invested in 1.17% or 429,860 shares.

The stock decreased 0.06% or $0.05 during the last trading session, reaching $90.61. About 198,079 shares traded. Genuine Parts Company (NYSE:GPC) has declined 4.48% since April 17, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

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