Cacti Asset Management Cut By $5.00 Million Its Genuine Parts Co (GPC) Stake; 4 Bullish Analysts Covering Bonavista Energy (TSE:BNP)

Cacti Asset Management Llc decreased Genuine Parts Co (GPC) stake by 84.52% reported in 2017Q3 SEC filing. Cacti Asset Management Llc sold 53,225 shares as Genuine Parts Co (GPC)’s stock declined 8.49%. The Cacti Asset Management Llc holds 9,750 shares with $921,000 value, down from 62,975 last quarter. Genuine Parts Co now has $13.00B valuation. The stock increased 2.42% or $2.09 during the last trading session, reaching $88.61. About 746,383 shares traded. Genuine Parts Company (NYSE:GPC) has declined 1.45% since March 27, 2017 and is downtrending. It has underperformed by 18.15% the S&P500.

Among 5 analysts covering Bonavista Energy (TSE:BNP), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Bonavista Energy has $9.25 highest and $2.25 lowest target. $5.48’s average target is 349.18% above currents $1.22 stock price. Bonavista Energy had 32 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by TD Securities on Friday, March 3. The rating was maintained by Scotia Capital with “Outperform” on Friday, March 3. Scotia Capital maintained it with “Sector Perform” rating and $4 target in Friday, June 17 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, February 2. TD Securities maintained Bonavista Energy Corporation (TSE:BNP) rating on Friday, November 4. TD Securities has “Buy” rating and $5.50 target. Raymond James downgraded it to “Market Perform” rating and $2.50 target in Tuesday, January 12 report. On Friday, January 29 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. RBC Capital Markets upgraded Bonavista Energy Corporation (TSE:BNP) rating on Friday, May 5. RBC Capital Markets has “Outperform” rating and $5 target. The firm earned “” rating on Tuesday, June 28 by Desjardins Securities. The firm earned “Sector Perform” rating on Friday, October 28 by RBC Capital Markets. See Bonavista Energy Corporation (TSE:BNP) latest ratings:

The stock decreased 3.94% or $0.05 during the last trading session, reaching $1.22. About 960,624 shares traded or 3.05% up from the average. Bonavista Energy Corporation (TSE:BNP) has 0.00% since March 27, 2017 and is . It has underperformed by 16.70% the S&P500.

Bonavista Energy Corporation engages in the acquisition, exploration, development, and production of oil and natural gas assets in Western Canada. The company has market cap of $311.64 million. As of December 31, 2016, its proved reserves totaled 273.2 million barrels of oil equivalent; and proved plus probable reserves were 414.2 million barrels of oil equivalent. It currently has negative earnings.

Investors sentiment decreased to 0.94 in 2017 Q3. Its down 0.02, from 0.96 in 2017Q2. It fall, as 46 investors sold GPC shares while 195 reduced holdings. 55 funds opened positions while 176 raised stakes. 108.15 million shares or 1.25% more from 106.82 million shares in 2017Q2 were reported. Gulf National Bank & Trust (Uk) accumulated 45,451 shares. Colorado-based Cetera Advsr Limited Co has invested 0.04% in Genuine Parts Company (NYSE:GPC). Sunbelt Securities Inc invested in 4,132 shares. Dodge Cox owns 19,862 shares for 0% of their portfolio. Bangor Bank & Trust stated it has 4,832 shares or 0.09% of all its holdings. State Common Retirement Fund holds 0.06% in Genuine Parts Company (NYSE:GPC) or 521,600 shares. The Netherlands-based Pggm Investments has invested 0.16% in Genuine Parts Company (NYSE:GPC). Whittier Trust Company holds 53,257 shares or 0.19% of its portfolio. Rnc Capital Mngmt Ltd Com has invested 0.02% in Genuine Parts Company (NYSE:GPC). Trust Co Of Vermont holds 0.06% or 6,490 shares in its portfolio. Cincinnati Insurance reported 429,860 shares or 1.23% of all its holdings. Commerzbank Aktiengesellschaft Fi reported 2,711 shares or 0% of all its holdings. Lombard Odier Asset (Europe) Limited has invested 0.01% in Genuine Parts Company (NYSE:GPC). M&R Capital owns 6,275 shares for 0.14% of their portfolio. Zebra Capital Mngmt Lc owns 0.55% invested in Genuine Parts Company (NYSE:GPC) for 17,711 shares.

Analysts await Genuine Parts Company (NYSE:GPC) to report earnings on April, 18. 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 $193.69 million for 16.78 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.

Among 12 analysts covering Genuine Parts Company (NYSE:GPC), 1 have Buy rating, 3 Sell and 8 Hold. Therefore 8% are positive. Genuine Parts Company has $107.0 highest and $80 lowest target. $97’s average target is 9.47% above currents $88.61 stock price. Genuine Parts Company had 31 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained Genuine Parts Company (NYSE:GPC) on Monday, February 12 with “Hold” rating. The firm has “Hold” rating by RBC Capital Markets given on Friday, November 10. Jefferies initiated the shares of GPC in report on Tuesday, September 15 with “Buy” rating. Jefferies maintained Genuine Parts Company (NYSE:GPC) rating on Friday, September 8. Jefferies has “Hold” rating and $95.0 target. The firm has “Neutral” rating by Wedbush given on Thursday, October 20. The company was maintained on Thursday, July 20 by RBC Capital Markets. The firm has “Sell” rating given on Thursday, July 6 by Goldman Sachs. The firm has “Hold” rating by Jefferies given on Wednesday, October 11. The firm earned “Neutral” rating on Thursday, January 19 by Goldman Sachs. The stock has “Buy” rating by Gabelli on Tuesday, October 20.

Cacti Asset Management Llc increased Merck & Co Inc (NYSE:MRK) stake by 35,997 shares to 738,840 valued at $47.31 million in 2017Q3. It also upped American Express Co (NYSE:AXP) stake by 13,155 shares and now owns 571,507 shares. Blackstone Group LP (NYSE:BX) was raised too.