Newater Technology, Inc. (NEWA) Reaches $13.00 After 7.00% Down Move; Last Week Genuine Parts Company (GPC) Analysts

January 14, 2018 - By Dolores Ford

The stock of Newater Technology, Inc. (NASDAQ:NEWA) is a huge mover today! The stock decreased 3.70% or $0.5 during the last trading session, reaching $13. About 176,677 shares traded or 5.39% up from the average. Newater Technology, Inc. (NASDAQ:NEWA) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.The move comes after 7 months negative chart setup for the $140.52 million company. It was reported on Jan, 14 by Barchart.com. We have $12.09 PT which if reached, will make NASDAQ:NEWA worth $9.84 million less.

Among 12 analysts covering Genuine Parts Company (NYSE:GPC), 2 have Buy rating, 3 Sell and 7 Hold. Therefore 17% are positive. Genuine Parts Company had 28 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Gabelli to “Buy” on Tuesday, October 20. The stock of Genuine Parts Company (NYSE:GPC) has “Hold” rating given on Thursday, July 14 by Gabellu & Co.. Jefferies initiated the shares of GPC in report on Tuesday, September 15 with “Buy” rating. The rating was upgraded by Gabelli to “Buy” on Friday, July 21. The firm has “Hold” rating given on Friday, July 15 by Jefferies. On Friday, November 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Hold” rating by Jefferies given on Friday, September 8. Jefferies maintained Genuine Parts Company (NYSE:GPC) rating on Wednesday, October 11. Jefferies has “Hold” rating and $95.0 target. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, April 20. The rating was downgraded by BB&T Capital on Thursday, October 15 to “Hold”. See Genuine Parts Company (NYSE:GPC) latest ratings:

04/12/2017 Broker: Moffett Nathanson Rating: Sell Initiates Coverage On
10/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $93.0 Maintain
20/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $95.0 Maintain
11/10/2017 Broker: Jefferies Rating: Hold New Target: $95.0 Maintain
08/09/2017 Broker: Jefferies Rating: Hold New Target: $95.0 Maintain
08/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $85.0 Maintain
20/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $85.0000 Maintain
21/07/2017 Broker: Gabelli Rating: Buy New Target: $101.0000 Upgrade

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, Australia, New Zealand, Mexico, and Puerto Rico. The company has market cap of $15.14 billion. It distributes automotive replacement parts for imported vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, and heavy duty equipment; and accessory items used in the automotive aftermarket, including repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals through 57 NAPA automotive parts distribution centers and 1,100 NAPA AUTO PARTS stores. It has a 23.11 P/E ratio. The firm also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation products, hoses, hydraulic and pneumatic components, industrial supplies, and material handling products primarily for food and beverage, forest products, primary metal, pulp and paper, mining, automotive, gas and oil, petrochemical, and pharmaceutical industries through 483 branches, 13 distribution centers, and 43 service centers.

The stock increased 1.35% or $1.38 during the last trading session, reaching $103.28. About 1.03M shares traded or 21.40% up from the average. Genuine Parts Company (NYSE:GPC) has declined 1.45% since January 14, 2017 and is downtrending. It has underperformed by 18.15% the S&P500.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.06, from 0.9 in 2017Q2. It increased, as 46 investors sold Genuine Parts Company 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. Tiemann Inv Advsr Ltd Llc owns 0.24% invested in Genuine Parts Company (NYSE:GPC) for 2,950 shares. Miller Invest Mngmt Limited Partnership reported 16,075 shares. First Long Island Invsts Ltd invested in 1.68% or 121,306 shares. Hanson Mcclain holds 200 shares. Bb&T Securities Ltd Liability Com holds 0.11% or 81,820 shares. Moody National Bank Trust Division holds 0.02% in Genuine Parts Company (NYSE:GPC) or 3,500 shares. Dekabank Deutsche Girozentrale owns 30,825 shares. Cambridge Invest Advsr Inc holds 22,278 shares or 0.03% of its portfolio. City Com invested in 13,909 shares or 0.45% of the stock. Axa owns 126,200 shares. Bangor Savings Bank reported 0.09% of its portfolio in Genuine Parts Company (NYSE:GPC). Sit Investment Associates Inc invested in 111,450 shares or 0.26% of the stock. Community Bancshares Na owns 300 shares for 0% of their portfolio. Avalon Lc invested in 150,712 shares. Zebra Mgmt Ltd Liability Com invested 0.55% in Genuine Parts Company (NYSE:GPC).

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By1 Dolores Ford







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