Institutional investors own 99.97% of the company's stock.
08/31/2016 - Advance Auto Parts Inc had its "buy" rating reiterated by analysts at Argus. Bnp Paribas Sa last reported 0.04% of its portfolio in the stock. The Alabama-based Weiss Multi has invested 0.85% in Advance Auto Parts, Inc. The company has a 50-day moving average price of $159.15 and a 200-day moving average price of $156.87.
11/15/2016 - Advance Auto Parts Inc had its "outperform" rating reiterated by analysts at RBC Capital. Van ECK Associates Corp now owns 637 shares of the company's stock worth $103,000 after buying an additional 154 shares during the period. Van ECK Associates Corp increased its position in shares of Advance Auto Parts by 31.9% in the second quarter. Quantitative Systematic Strategies LLC now owns 11,731 shares of the company's stock worth $1,724,000 after buying an additional 10,254 shares during the period. Advance Auto Parts has a 52-week low of $131.59 and a 52-week high of $177.83. Cornerstone Advisors Inc. now owns 801 shares of the company's stock valued at $119,000 after buying an additional 790 shares during the period.
08/17/2016 - Advance Auto Parts Inc had its "neutral" rating reiterated by analysts at Citigroup. LPL Financial LLC now owns 15,784 shares of the company's stock worth $2,313,000 after buying an additional 13,304 shares during the period. The correct version of this piece can be read at https://www.thecerbatgem.com/2016/12/16/atlantic-securities-initiates-coverage-on-advance-auto-parts-inc-aap.html. Another trade for 1,500 shares valued at $234,990 was made by Cushing Robert B on Tuesday, August 30. Advance Auto Parts had a return on equity of 20.42% and a net margin of 4.75%. The firm has a market capitalization of $12.73 billion, a P/E ratio of 28.34 and a beta of 1.14.
Advance Auto Parts (NYSE:AAP) last released its earnings results on Monday, November 14th. LLC increased its position in shares of Advance Auto Parts by 92.3% in the second quarter. They expect $1.08 EPS, down 11.48% or $0.14 from last year's $1.22 per share. MD boosted its stake in shares of Advance Auto Parts by 1.3% in the third quarter. The business's revenue for the quarter was down 2.0% on a year-over-year basis. The firm's revenue was down 4.8% compared to the same quarter previous year.
Advance Auto Parts (NYSE:AAP) opened at 172.92 on Friday.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 6th. Stockholders of record on Friday, September 23rd were given a $0.06 dividend. The ex-dividend date is Wednesday, December 21st.
As with most large market cap stocks, it has a good dividend yield of 0.14%. Advance Auto Parts's dividend payout ratio is now 3.88%. The reported earnings topped the analyst's consensus by $0.02 with the surprise factor around 1.20%. The brokerage set an "overweight" rating and a $215.00 price target on the stock.
Analysts await Advance Auto Parts, Inc.
J2 Global, Inc. (NASDAQ:JCOM) shares now have a mean rating of 1.40 while 0 analysts have recommended the shares as "BUY", 0 commented as "OUTPERFORM" and 0 commented as "HOLD". JPMorgan Chase & Co. reissued an overweight rating on shares of Advance Auto Parts in a research note on Thursday, December 8th. They now have a Dollars 175 price target on the stock. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of "Hold" and an average target price of $169.64. (NYSE:AAP) shares with value of $99,767 were bought by BERGSTROM JOHN F. $99,850 worth of Advance Auto Parts, Inc. The stock was purchased at an average cost of $157.75 per share, for a total transaction of $99,855.75. The stock presently has a PEG Ratio of 2.45. Another trade for 500 shares valued at $80,140 was bought by Ferraro John Francis. The mean price target is calculated keeping in view the consensus of 20 analysts.
Advance Auto Parts, Inc., incorporated on August 1, 2001, provides automotive aftermarket parts in North America, serving do-it-for-me (commercial) and do-it-yourself (DIY), customers, as well as independently owned operators. 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.