Is Advance Auto Parts Inc Advance Auto Parts Inc W/I (NYSE:AAP)’s Fuel Running Low? Reports Show More Sellers

March 16, 2018 - By Peter Erickson

 Is Advance Auto Parts Inc Advance Auto Parts Inc W/I (NYSE:AAP)’s Fuel Running Low? Reports Show More Sellers

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.07, from 1.07 in 2017Q2. It dived, as 72 investors sold Advance Auto Parts, Inc. shares while 112 reduced holdings. 59 funds opened positions while 125 raised stakes. 74.92 million shares or 1.99% less from 76.44 million shares in 2017Q2 were reported.
State Bank Of America Corporation De accumulated 494,810 shares or 0.01% of the stock. 90,141 are owned by Barclays Public Limited Liability Co. Raymond James Financial Svcs Advsrs Inc invested in 3,408 shares or 0% of the stock. 16,100 were accumulated by First Allied Advisory Svcs. The Massachusetts-based Loomis Sayles & Co Limited Partnership has invested 0.05% in Advance Auto Parts, Inc. (NYSE:AAP). 24,182 are held by Shell Asset Management Company. 92,181 were accumulated by Credit Suisse Ag. Ing Groep Nv reported 0.01% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Cap Fund has invested 0.01% in Advance Auto Parts, Inc. (NYSE:AAP). Principal Group Inc has 0.01% invested in Advance Auto Parts, Inc. (NYSE:AAP) for 108,570 shares. 22,911 were reported by Gulf Bank & Trust (Uk) Ltd. Atria Investments Limited Co reported 9,911 shares. Whittier Trust Com Of Nevada has invested 0% in Advance Auto Parts, Inc. (NYSE:AAP). Old Mutual Customised Solutions (Proprietary) Limited accumulated 2,700 shares. United Automobile Association accumulated 0.01% or 24,401 shares.

Since February 23, 2018, it had 0 buys, and 2 sales for $242,352 activity. Another trade for 1,745 shares valued at $202,560 was made by Brouillard John C. on Friday, February 23.

The stock of Advance Auto Parts Inc Advance Auto Parts Inc W/I (NYSE:AAP) registered an increase of 9.18% in short interest. AAP’s total short interest was 5.42M shares in March as published by FINRA. Its up 9.18% from 4.96 million shares, reported previously. With 1.36 million shares average volume, it will take short sellers 4 days to cover their AAP’s short positions. The short interest to Advance Auto Parts Inc Advance Auto Parts Inc W/I’s float is 7.37%.

The stock decreased 0.35% or $0.405 during the last trading session, reaching $116.695. About 720,856 shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has risen 5.52% since March 16, 2017 and is uptrending. It has underperformed by 11.18% the S&P500.

Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company has market cap of $8.63 billion. The firm offers batteries and battery accessories, belts and hoses, brakes and brake pads, chassis and climate control parts, clutches and drive shafts, engines and engine parts, exhaust systems and parts, hub assemblies, ignition components and wired, radiators and cooling parts, starters and alternators, and steering and alignment parts. It has a 18.18 P/E ratio. It also offers AC chemicals and accessories, air fresheners, antifreeze and washer fluids, electrical wires and fuses, electronics, hand and specialty tools, lighting products, performance parts, sealants, adhesives and compounds, tire repair accessories, vent shades, mirrors and exterior accessories, washes, waxes and cleaning supplies, and wiper blades, as well as floor mats, seat covers, and interior accessories.

Advance Auto Parts, Inc. (NYSE:AAP) Ratings Coverage

Among 28 analysts covering Advance Auto Parts Inc. (NYSE:AAP), 12 have Buy rating, 3 Sell and 13 Hold. Therefore 43% are positive. Advance Auto Parts Inc. had 97 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Sell” rating by Citigroup on Tuesday, September 12. Credit Suisse maintained it with “Outperform” rating and $122 target in Friday, February 23 report. The firm has “Buy” rating given on Sunday, August 16 by RBC Capital Markets. The company was initiated on Wednesday, January 18 by Guggenheim. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Outperform” rating by Wedbush on Wednesday, February 22. Citigroup maintained the shares of AAP in report on Friday, May 20 with “Neutral” rating. The rating was upgraded by Jefferies on Friday, July 7 to “Buy”. The stock of Advance Auto Parts, Inc. (NYSE:AAP) has “Equal Weight” rating given on Monday, August 21 by Barclays Capital. The firm has “Buy” rating given on Monday, July 17 by Credit Suisse. RBC Capital Markets maintained Advance Auto Parts, Inc. (NYSE:AAP) rating on Friday, November 13. RBC Capital Markets has “Outperform” rating and $194.0 target.

More notable recent Advance Auto Parts, Inc. (NYSE:AAP) news were published by: which released: “Advance Auto Parts Reaches Analyst Target Price” on March 12, 2018, also with their article: “Lifshitz & Miller LLP Announces Investigation of Advance Auto Parts, Inc …” published on February 19, 2018, published: “Advance Auto Parts: Am I Fighting The Tape?” on February 23, 2018. More interesting news about Advance Auto Parts, Inc. (NYSE:AAP) were released by: and their article: “ADVANCE AUTO PARTS LEAD PLAINTIFF ALERT: Faruqi & Faruqi, LLP Encourages …” published on February 17, 2018 as well as‘s news article titled: “EQUITY ALERT: Levi & Korsinsky, LLP Reminds Advance Auto Parts, Inc …” with publication date: February 22, 2018.

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