Genuine Parts Ord (GPC) Holder Cincinnati Insurance Company Has Decreased Its Stake as Market Valuation Rose; Brahman Capital Trimmed Holding in Sirius Xm Hldgs (SIRI) by $67.57 Million

Sirius XM Holdings Inc. (NASDAQ:SIRI) Logo

Cincinnati Insurance Company decreased its stake in Genuine Parts Ord (GPC) by 5.82% based on its latest 2018Q2 regulatory filing with the SEC. Cincinnati Insurance Company sold 25,000 shares as the company’s stock rose 7.78% with the market. The institutional investor held 404,860 shares of the automotive aftermarket company at the end of 2018Q2, valued at $37.16M, down from 429,860 at the end of the previous reported quarter. Cincinnati Insurance Company who had been investing in Genuine Parts Ord for a number of months, seems to be less bullish one the $14.61B market cap company. The stock decreased 1.49% or $1.51 during the last trading session, reaching $99.54. About 972,649 shares traded. Genuine Parts Company (NYSE:GPC) has risen 17.65% since December 8, 2017 and is uptrending. It has outperformed by 2.03% the S&P500. Some Historical GPC News: 12/04/2018 – ESSENDANT INC – SEES $75 MLN IN ANNUAL RUN-RATE COST SYNERGIES AND MORE THAN $100 MLN IN WORKING CAPITAL IMPROVEMENTS FROM DEAL; 12/04/2018 – ESSENDANT INC – UPON CLOSE OF DEAL, COMBINED COMPANY, WHICH WILL BE CALLED ESSENDANT, WILL BE LED BY ESSENDANT PRESIDENT AND CEO RIC PHILLIPS; 19/04/2018 – Genuine Parts Backs 2018 Sales Growth View of 12%-13%; 12/04/2018 – ESSENDANT INC – CHARLES K. CROVITZ, CURRENT CHAIRMAN OF BOARD OF ESSENDANT, WILL SERVE AS CHAIRMAN OF BOARD OF COMBINED COMPANY; 18/04/2018 – HERO MOTOCORP LTD HROM.NS SAYS LAUNCHING AN E-COMMERCE PORTAL TO RETAIL HERO GENUINE PARTS AND ACCESSORIES; 12/04/2018 – ESSENDANT INC – DEAL CREATES A CO WITH PRO FORMA 2017 NET SALES OF ABOUT $7 BLN, $300 MLN IN ADJUSTED EBITDA, 4.2% ADJUSTED EBITDA MARGINS; 17/05/2018 – ESSENDANT INC – RIGHTS PLAN IS STRUCTURED SUCH THAT IT WILL NOT BE TRIGGERED BY DEFINITIVE MERGER AGREEMENT TO COMBINE CO AND S.P. RICHARDS; 12/04/2018 – Genuine Parts Holders to Own About 51% of Combined Company; 12/04/2018 – ESSENDANT INC – COMBINED COMPANY WILL MAINTAIN HEADQUARTERS IN BOTH DEERFIELD, IL AND ATLANTA, GA; 12/04/2018 – Essendant to Merge With Genuine Parts’s Business-Products Division — Deal Digest

Brahman Capital Corp decreased its stake in Sirius Xm Hldgs Inc (SIRI) by 38.29% based on its latest 2018Q2 regulatory filing with the SEC. Brahman Capital Corp sold 11.26M shares as the company’s stock declined 2.60% while stock markets rallied. The hedge fund held 18.15 million shares of the broadcasting company at the end of 2018Q2, valued at $122.90M, down from 29.42 million at the end of the previous reported quarter. Brahman Capital Corp who had been investing in Sirius Xm Hldgs Inc for a number of months, seems to be less bullish one the $27.63 billion market cap company. The stock decreased 2.05% or $0.13 during the last trading session, reaching $6.22. About 30.72M shares traded or 8.35% up from the average. Sirius XM Holdings Inc. (NASDAQ:SIRI) has risen 27.37% since December 8, 2017 and is uptrending. It has outperformed by 11.75% the S&P500. Some Historical SIRI News: 09/04/2018 – SIRIUS REAL ESTATE – TOTAL ANNUALISED RENTAL INCOME, INCLUDING ACQUISITIONS WITHIN PERIOD, INCREASED BY EUR 4.8 MLN TO EUR 75.8 MLN AS AT 31 MARCH 2018; 09/04/2018 – SIRIUS REAL ESTATE LTD -FY LIKE-FOR-LIKE ANNUALISED RENTAL INCOME INCREASED IN EXCESS OF 5%; 09/05/2018 – Liberty Media Sirius XM Reiterated Fincl and Subscriber Guidance for 2018; 09/05/2018 – Liberty Media Sirius XM 1Q Rev $1.38B; 25/04/2018 – SIRIUSXM REAFFIRMS FORECAST FOR YEAR; 27/03/2018 – Masters 2018 Coverage Live on SiriusXM; 25/04/2018 – Sirius XM 1Q Rev $1.38B; 25/04/2018 – SIRIUS XM 1Q ADJ EBITDA $531.8M, EST. $515.8M; 12/03/2018 – March Madness┬« on SiriusXM: Listeners Get Buzzer to Buzzer Coverage of Every 2018 NCAA┬« Division I Men’s Basketball Champions; 23/05/2018 – VOLUME Goes West: Chad Smith of the Red Hot Chili Peppers, and Lyndsey Parker, Music Editor at Yahoo Entertainment, Co-Host New Show Live from SiriusXM’s Los Angeles Studios

Analysts await Sirius XM Holdings Inc. (NASDAQ:SIRI) to report earnings on January, 30. They expect $0.06 earnings per share, up 20.00% or $0.01 from last year’s $0.05 per share. SIRI’s profit will be $266.50 million for 25.92 P/E if the $0.06 EPS becomes a reality. After $0.07 actual earnings per share reported by Sirius XM Holdings Inc. for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

More notable recent Sirius XM Holdings Inc. (NASDAQ:SIRI) news were published by: Nasdaq.com which released: “Apple to Introduce HomePod in China, Boosts Global Presence – Nasdaq” on December 07, 2018, also Nasdaq.com with their article: “Sirius XM (SIRI) Flat As Market Sinks: What You Should Know – Nasdaq” published on November 09, 2018, Nasdaq.com published: “Sirius XM (SIRI) to Report Q3 Earnings: What’s in Store? – Nasdaq” on October 19, 2018. More interesting news about Sirius XM Holdings Inc. (NASDAQ:SIRI) were released by: Nasdaq.com and their article: “Interesting SIRI Put And Call Options For October 5th – Nasdaq” published on August 23, 2018 as well as 247Wallst.com‘s news article titled: “The 6 Most Shorted Nasdaq Stocks – 24/7 Wall St.” with publication date: November 28, 2018.

Among 20 analysts covering Sirius XM Holdings (NASDAQ:SIRI), 7 have Buy rating, 4 Sell and 9 Hold. Therefore 35% are positive. Sirius XM Holdings had 56 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) earned “Buy” rating by Pivotal Research on Thursday, October 22. The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) has “Buy” rating given on Friday, January 19 by Deutsche Bank. Morgan Stanley maintained the stock with “Underweight” rating in Monday, August 6 report. The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) earned “Buy” rating by Bank of America on Thursday, October 12. The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) earned “Hold” rating by KeyBanc Capital Markets on Friday, August 25. The firm has “Buy” rating by Wunderlich given on Friday, April 29. The company was maintained on Monday, October 16 by RBC Capital Markets. Buckingham Research maintained it with “Buy” rating and $7 target in Friday, February 2 report. The rating was downgraded by Barclays Capital to “Equal-Weight” on Wednesday, March 22. On Monday, August 7 the stock rating was maintained by Citigroup with “Buy”.

Investors sentiment increased to 1.15 in 2018 Q2. Its up 0.31, from 0.84 in 2018Q1. It improved, as 29 investors sold SIRI shares while 119 reduced holdings. 57 funds opened positions while 113 raised stakes. 796.60 million shares or 1.83% less from 811.44 million shares in 2018Q1 were reported. M&T Bank, a New York-based fund reported 123,403 shares. 10,579 are held by Personal Cap Advisors Corp. Marshall Wace Llp owns 78,029 shares. Silvercrest Asset Mgmt Gru Inc Lc stated it has 0% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Neuberger Berman Gp Ltd Liability Com, a New York-based fund reported 2.05 million shares. Aqr Cap Mgmt Ltd Llc has invested 0.01% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Tudor Invest Et Al, a Connecticut-based fund reported 35,526 shares. 250 are held by North Star Inv. Bluecrest Mngmt, Guernsey-based fund reported 146,294 shares. Whittier Co Of Nevada Incorporated owns 7,444 shares. Ubs Asset Mngmt Americas, Illinois-based fund reported 6.60 million shares. Central Natl Bank And Tru holds 0.01% of its portfolio in Sirius XM Holdings Inc. (NASDAQ:SIRI) for 3,700 shares. Gamco Investors Et Al invested in 48,622 shares or 0% of the stock. 8.11M are owned by Commercial Bank Of Mellon. Douglass Winthrop Advisors Lc reported 120,000 shares.

Since July 26, 2018, it had 1 insider purchase, and 1 insider sale for $260 activity. 500 Genuine Parts Company (NYSE:GPC) shares with value of $50,405 were bought by HOLDER JOHN R.

Analysts await Genuine Parts Company (NYSE:GPC) to report earnings on February, 19. They expect $1.32 earnings per share, up 17.86% or $0.20 from last year’s $1.12 per share. GPC’s profit will be $193.72 million for 18.85 P/E if the $1.32 EPS becomes a reality. After $1.48 actual earnings per share reported by Genuine Parts Company for the previous quarter, Wall Street now forecasts -10.81% negative EPS growth.

Among 13 analysts covering Genuine Parts Company (NYSE:GPC), 1 have Buy rating, 3 Sell and 9 Hold. Therefore 8% are positive. Genuine Parts Company had 36 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, October 30 the stock rating was downgraded by Bank of America to “Underperform”. The firm earned “Underperform” rating on Wednesday, February 21 by Bank of America. RBC Capital Markets maintained it with “Hold” rating and $96 target in Friday, May 26 report. RBC Capital Markets maintained the shares of GPC in report on Monday, February 12 with “Hold” rating. The stock of Genuine Parts Company (NYSE:GPC) has “Buy” rating given on Tuesday, September 15 by Jefferies. The company was initiated on Friday, August 26 by Susquehanna. Jefferies maintained it with “Hold” rating and $95.0 target in Friday, September 8 report. The firm earned “Neutral” rating on Thursday, January 19 by Goldman Sachs. The firm earned “Sector Perform” rating on Tuesday, July 21 by RBC Capital Markets. As per Friday, November 10, the company rating was maintained by RBC Capital Markets.

Cincinnati Insurance Company, which manages about $3.35B US Long portfolio, upped its stake in American Tower Reit (NYSE:AMT) by 7,500 shares to 60,000 shares, valued at $8.65 million in 2018Q2, according to the filing.

More notable recent Genuine Parts Company (NYSE:GPC) news were published by: Investorplace.com which released: “The Massive Growth in AAP Stock Could Stall Out – Investorplace.com” on November 08, 2018, also Livetradingnews.com with their article: “Genuine Parts Company (NYSE:GPC) Bullish Trend – Live Trading News” published on June 01, 2018, Fool.com published: “3 Dividend Stocks That Should Pay You for the Rest of Your Life – The Motley Fool” on November 27, 2018. More interesting news about Genuine Parts Company (NYSE:GPC) were released by: Seekingalpha.com and their article: “Sand In My Shoes – Why I Bought PPL – Seeking Alpha” published on November 23, 2018 as well as Seekingalpha.com‘s news article titled: “Dividend Champion Spotlight: Genuine Parts Company – Seeking Alpha” with publication date: August 31, 2018.

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

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