Dnb Asset Management As Lowered Genuine Parts Co (GPC) Stake By $38.00 Million; Profile of 4 Analysts Covering Gentex (GNTX)

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Dnb Asset Management As decreased Genuine Parts Co (GPC) stake by 2.41% reported in 2017Q4 SEC filing. Dnb Asset Management As sold 400 shares as Genuine Parts Co (GPC)’s stock declined 6.84%. The Dnb Asset Management As holds 16,220 shares with $1.54 billion value, down from 16,620 last quarter. Genuine Parts Co now has $13.01B valuation. The stock increased 0.41% or $0.36 during the last trading session, reaching $88.68. About 962,286 shares traded. Genuine Parts Company (NYSE:GPC) has declined 4.48% since May 2, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Among 8 analysts covering Gentex Corp (NASDAQ:GNTX), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Gentex Corp has $29.0 highest and $14 lowest target. $25’s average target is 10.62% above currents $22.6 stock price. Gentex Corp had 26 analyst reports since October 20, 2015 according to SRatingsIntel. FBR Capital maintained it with “Buy” rating and $29.0 target in Thursday, February 22 report. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Hold” rating by Craig Hallum on Monday, January 29. KeyBanc Capital Markets maintained Gentex Corporation (NASDAQ:GNTX) on Wednesday, August 23 with “Buy” rating. KeyBanc Capital Markets maintained the stock with “Buy” rating in Monday, November 13 report. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Outperform” rating by FBR Capital on Friday, October 21. The stock of Gentex Corporation (NASDAQ:GNTX) has “Buy” rating given on Tuesday, March 27 by FBR Capital. The firm has “Hold” rating by Susquehanna given on Sunday, April 22. The firm has “Outperform” rating given on Thursday, August 24 by Robert W. Baird. Robert W. Baird downgraded the stock to “Hold” rating in Tuesday, January 23 report. The firm earned “Outperform” rating on Monday, October 23 by Robert W. Baird. See Gentex Corporation (NASDAQ:GNTX) latest ratings:

24/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $26 New Target: $25 Maintain
22/04/2018 Broker: Susquehanna Rating: Hold New Target: $25.0000 Maintain
20/04/2018 Broker: Longbow Rating: Buy New Target: $28.0000
27/03/2018 Broker: FBR Capital Rating: Buy New Target: $29.0000 Maintain
14/03/2018 Broker: Susquehanna Rating: Hold New Target: $24.0 Maintain
12/03/2018 Broker: FBR Capital Rating: Buy New Target: $29.0 Maintain
22/02/2018 Broker: FBR Capital Rating: Buy New Target: $29.0 Maintain
29/01/2018 Broker: Craig Hallum Rating: Hold New Target: $23.0 Maintain
23/01/2018 Broker: Robert W. Baird Rating: Hold Downgrade
11/01/2018 Broker: FBR Capital Rating: Buy New Target: $25.0 Maintain

Since January 29, 2018, it had 0 insider purchases, and 8 insider sales for $24.73 million activity. The insider Hoekstra Peter sold $1.11M. On Monday, January 29 the insider MULDER JOHN A sold $611,341. Another trade for 12,000 shares valued at $280,776 was made by Wallace James H on Tuesday, January 30. Ryan Scott P also sold $170,823 worth of Gentex Corporation (NASDAQ:GNTX) shares. 1,060 shares valued at $23,860 were sold by Matthews Joseph E IV on Thursday, March 1. BAUER FRED sold $22.07 million worth of stock. Nash Kevin C had sold 7,874 shares worth $184,282 on Tuesday, January 30.

Gentex Corporation designs, develops, makes, and markets automatic-dimming rearview mirrors and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide. The company has market cap of $6.18 billion. It offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and interior and exterior non-automatic-dimming rearview mirrors with electronic features for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers. It has a 16.03 P/E ratio. The firm also provides photoelectric smoke detectors and alarms, audible and visual signaling alarms, photoelectric smoke detectors and electrochemical carbon monoxide alarms, electrochemical carbon monoxide detectors and alarms, and bells and speakers for use in fire detection systems in office buildings, hotels, and other commercial and residential establishments.

The stock decreased 0.62% or $0.14 during the last trading session, reaching $22.6. About 1.62M shares traded. Gentex Corporation (NASDAQ:GNTX) has risen 8.07% since May 2, 2017 and is uptrending. It has underperformed by 3.48% the S&P500.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.36, from 1.24 in 2017Q3. It dropped, as 26 investors sold Gentex Corporation shares while 144 reduced holdings. 52 funds opened positions while 98 raised stakes. 219.42 million shares or 2.26% less from 224.48 million shares in 2017Q3 were reported. Lafleur And Godfrey Ltd Liability Corp stated it has 338,060 shares. Moreover, Whalerock Point Limited Liability has 0.13% invested in Gentex Corporation (NASDAQ:GNTX) for 19,150 shares. Crawford Invest Counsel holds 0.03% or 50,840 shares. Cardinal Capital Mgmt accumulated 29,466 shares. Proshare Limited Liability Company invested in 26,438 shares. Scharf Invs Ltd has 2.51% invested in Gentex Corporation (NASDAQ:GNTX). Ckw reported 2,750 shares. Vanguard Gp stated it has 23.51M shares. Johnson Invest Counsel, Ohio-based fund reported 40,120 shares. Reilly Financial Advsrs reported 1,000 shares stake. North Point Port Managers Corp Oh holds 2.72% in Gentex Corporation (NASDAQ:GNTX) or 766,699 shares. Qs Investors Ltd holds 0% of its portfolio in Gentex Corporation (NASDAQ:GNTX) for 10,372 shares. Bb&T Corporation has invested 0.01% in Gentex Corporation (NASDAQ:GNTX). 14,756 were accumulated by Tru Company Of Toledo Na Oh. Burgundy Asset Management Ltd has invested 2.12% in Gentex Corporation (NASDAQ:GNTX).

Investors sentiment decreased to 0.94 in Q4 2017. Its down 0.02, from 0.96 in 2017Q3. It turned negative, 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. Sandy Spring Bancorporation invested in 155 shares. Hbk Sorce Advisory Ltd Llc accumulated 0.04% or 3,743 shares. Covington Capital Mgmt accumulated 31,754 shares. Invesco Ltd holds 0.02% or 471,401 shares. Sabal Trust owns 260,259 shares. The Maryland-based Brown Advisory has invested 0% in Genuine Parts Company (NYSE:GPC). Sun Life Financial, a Ontario – Canada-based fund reported 321 shares. Glg Ltd Liability Corporation, New York-based fund reported 7,640 shares. Mechanics National Bank Tru Department holds 0.24% or 11,110 shares in its portfolio. 13,253 are held by Orleans Management La. Neuberger Berman Grp Incorporated Lc accumulated 0% or 13,798 shares. Raymond James Assocs has invested 0.02% in Genuine Parts Company (NYSE:GPC). Smithfield Co has 0% invested in Genuine Parts Company (NYSE:GPC). Fruth Investment Management invested 0.24% of its portfolio in Genuine Parts Company (NYSE:GPC). Clifford Swan Investment Counsel Ltd Com has 4,000 shares.

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 7.56% above currents $88.68 stock price. Genuine Parts Company had 34 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained Genuine Parts Company (NYSE:GPC) rating on Friday, September 8. RBC Capital Markets has “Hold” rating and $85.0 target. The stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by RBC Capital Markets on Friday, November 10. The firm has “Hold” rating given on Thursday, July 20 by RBC Capital Markets. The company was maintained on Friday, September 8 by Jefferies. The firm has “Neutral” rating by Bank of America given on Friday, April 13. The stock has “Buy” rating by Gabelli on Friday, July 21. The rating was downgraded by Goldman Sachs to “Sell” on Thursday, July 6. The stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by Guggenheim on Tuesday, April 17. Susquehanna initiated it with “Neutral” rating and $102 target in Friday, August 26 report. RBC Capital Markets maintained the shares of GPC in report on Thursday, April 19 with “Hold” rating.

Gentex Corporation (NASDAQ:GNTX) Institutional Positions Chart