Montrusco Bolton Investments Lifted By $1.91 Million Its Transcanada (TRP) Position; Old Republic International Increased By $11.12 Million Its Genuine Parts Co (GPC) Position

Sunday, 29 April 2018

Montrusco Bolton Investments Lifted By $1.91 Million Its Transcanada (TRP) Position; Old Republic International Increased By $11.12 Million Its Genuine Parts Co (GPC) Position

TransCanada Corporation (NYSE:TRP) Logo

Montrusco Bolton Investments Inc increased Transcanada Corp (TRP) stake by 2.44% reported in 2017Q4 SEC filing. Montrusco Bolton Investments Inc acquired 39,743 shares as Transcanada Corp (TRP)’s stock declined 16.00%. The Montrusco Bolton Investments Inc holds 1.67M shares with $81.58M value, up from 1.63 million last quarter. Transcanada Corp now has $37.62B valuation. The stock decreased 0.54% or $0.23 during the last trading session, reaching $42.2. About 1.76M shares traded or 12.24% up from the average. TransCanada Corporation (NYSE:TRP) has declined 12.65% since April 29, 2017 and is downtrending. It has underperformed by 24.20% the S&P500.

Old Republic International Corp increased Genuine Parts Co (GPC) stake by 51.32% reported in 2017Q4 SEC filing. Old Republic International Corp acquired 117,000 shares as Genuine Parts Co (GPC)’s stock declined 6.84%. The Old Republic International Corp holds 345,000 shares with $32.78 million value, up from 228,000 last quarter. Genuine Parts Co now has $13.34 billion valuation. The stock increased 2.18% or $1.94 during the last trading session, reaching $90.93. About 1.15 million shares traded or 18.14% up from the average. Genuine Parts Company (NYSE:GPC) has declined 4.48% since April 29, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Investors sentiment decreased to 0.94 in Q4 2017. Its down 0.02, from 0.96 in 2017Q3. It fall, as 39 investors sold GPC 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. Motley Fool Wealth Management Ltd Liability holds 3,857 shares or 0.03% of its portfolio. Gradient Investments Limited reported 29 shares. Moreover, Sanders Ltd Limited Liability Company has 0.3% invested in Genuine Parts Company (NYSE:GPC). North Star Inv Mngmt invested in 0.01% or 900 shares. Mufg Americas holds 0.01% or 3,598 shares in its portfolio. Atlantic Limited Liability Corporation has 15,945 shares. Transamerica Advisors Incorporated stated it has 120 shares. Old Mutual Customised Solutions (Proprietary) Ltd stated it has 0.04% of its portfolio in Genuine Parts Company (NYSE:GPC). Bank & Trust Of New York Mellon Corp holds 1.52M shares or 0.04% of its portfolio. Pensionfund Dsm Netherlands owns 32,000 shares. Legal And General Group Public Ltd Com reported 909,168 shares. Burney Communication accumulated 0.02% or 3,002 shares. 96,573 were reported by D E Shaw &. Chickasaw Cap Mngmt Lc holds 0.01% or 4,800 shares in its portfolio. Northern Tru Corp invested 0.04% in Genuine Parts Company (NYSE:GPC).

Among 13 analysts covering Genuine Parts Company (NYSE:GPC), 1 have Buy rating, 2 Sell and 10 Hold. Therefore 8% are positive. Genuine Parts Company has $107.0 highest and $80 lowest target. $95.38’s average target is 4.89% above currents $90.93 stock price. Genuine Parts Company had 34 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Thursday, April 19 with “Hold”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, July 21 report. The stock of Genuine Parts Company (NYSE:GPC) has “Hold” rating given on Thursday, July 14 by Gabellu & Co.. RBC Capital Markets maintained Genuine Parts Company (NYSE:GPC) on Thursday, April 20 with “Sector Perform” rating. The firm has “Neutral” rating by Goldman Sachs given on Thursday, January 19. On Wednesday, September 30 the stock rating was downgraded by Goldman Sachs to “Sell”. JP Morgan maintained Genuine Parts Company (NYSE:GPC) rating on Wednesday, February 21. JP Morgan has “Neutral” rating and $107 target. The company was upgraded on Friday, April 13 by Bank of America. The firm earned “Neutral” rating on Friday, August 26 by Susquehanna. On Tuesday, April 17 the stock rating was initiated by Guggenheim with “Hold”.

Among 13 analysts covering TransCanada Corporation (NYSE:TRP), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. TransCanada Corporation has $73 highest and $43 lowest target. $57’s average target is 35.07% above currents $42.2 stock price. TransCanada Corporation had 28 analyst reports since August 4, 2015 according to SRatingsIntel. Zacks downgraded TransCanada Corporation (NYSE:TRP) on Tuesday, September 1 to “Hold” rating. Bank of America initiated the shares of TRP in report on Thursday, September 1 with “Buy” rating. Scotia Capital maintained the stock with “Sector Perform” rating in Tuesday, August 4 report. As per Thursday, March 22, the company rating was downgraded by Wells Fargo. Morgan Stanley maintained the shares of TRP in report on Friday, March 16 with “Overweight” rating. As per Friday, September 11, the company rating was upgraded by Goldman Sachs. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, November 17. BMO Capital Markets maintained it with “Outperform” rating and $73 target in Monday, July 31 report. Wolfe Research maintained the stock with “Outperform” rating in Monday, May 15 report. The company was initiated on Friday, October 23 by BMO Capital Markets.

Montrusco Bolton Investments Inc decreased Praxair Inc (NYSE:PX) stake by 12,748 shares to 78,340 valued at $12.09 million in 2017Q4. It also reduced Amazon Com Inc (NASDAQ:AMZN) stake by 1,498 shares and now owns 10,053 shares. Fortis Inc (FRTSF) was reduced too.

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart