Commerce Financial institution lessened its stake in Real Components (NYSE:GPC – Free Report) by 1.6% within the third quarter, in line with its most up-to-date 13F submitting with the Securities and Trade Fee. The institutional investor owned 10,466 shares of the specialty retailer’s inventory after promoting 168 shares throughout the quarter. Commerce Financial institution’s holdings in Real Components have been value $1,462,000 as of its most up-to-date submitting with the Securities and Trade Fee.
Different institutional traders additionally lately modified their holdings of the corporate. Ashton Thomas Securities LLC acquired a brand new stake in shares of Real Components within the third quarter valued at roughly $26,000. Capital Efficiency Advisors LLP acquired a brand new stake in shares of Real Components within the third quarter valued at $31,000. Harmony Wealth Companions elevated its stake in shares of Real Components by 79.3% within the third quarter. Harmony Wealth Companions now owns 269 shares of the specialty retailer’s inventory valued at $38,000 after shopping for a further 119 shares throughout the interval. Triad Wealth Companions LLC purchased a brand new stake in shares of Real Components throughout the second quarter value $40,000. Lastly, Catalyst Capital Advisors LLC acquired a brand new place in shares of Real Components throughout the third quarter valued at $44,000. 78.83% of the inventory is owned by institutional traders.
Real Components Worth Efficiency
Shares of GPC inventory opened at $124.80 on Friday. The agency has a market capitalization of $17.35 billion, a price-to-earnings ratio of 16.06 and a beta of 0.92. Real Components has a 12-month low of $112.74 and a 12-month excessive of $164.45. The corporate has a fast ratio of 0.57, a present ratio of 1.17 and a debt-to-equity ratio of 0.81. The agency has a fifty day transferring common of $129.44 and a 200-day transferring common of $137.26.
Real Components (NYSE:GPC – Get Free Report) final posted its earnings outcomes on Tuesday, October twenty second. The specialty retailer reported $1.88 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $2.42 by ($0.54). The enterprise had income of $6 billion throughout the quarter, in comparison with analyst estimates of $5.94 billion. Real Components had a internet margin of 4.67% and a return on fairness of 27.23%. The agency’s income was up 3.0% on a year-over-year foundation. Throughout the identical interval within the earlier 12 months, the agency posted $2.49 earnings per share. On common, equities analysis analysts forecast that Real Components will put up 8.09 earnings per share for the present 12 months.
Real Components Broadcasts Dividend
The enterprise additionally lately declared a quarterly dividend, which might be paid on Thursday, January 2nd. Shareholders of report on Friday, December sixth might be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized foundation and a yield of three.21%. The ex-dividend date of this dividend is Friday, December sixth. Real Components’s payout ratio is at present 51.48%.
Analysts Set New Worth Targets
GPC has been the topic of a number of latest analysis stories. StockNews.com lower Real Components from a “purchase” score to a “maintain” score in a report on Wednesday, October sixteenth. Evercore ISI boosted their worth goal on shares of Real Components from $155.00 to $160.00 and gave the inventory an “in-line” score in a analysis observe on Tuesday, October twenty second. Truist Monetary decreased their worth goal on shares of Real Components from $164.00 to $129.00 and set a “purchase” score on the inventory in a analysis observe on Wednesday, October twenty third. JPMorgan Chase & Co. dropped their goal worth on shares of Real Components from $162.00 to $135.00 and set an “obese” score for the corporate in a analysis report on Tuesday, October twenty second. Lastly, Redburn Atlantic upgraded Real Components to a “maintain” score in a analysis report on Monday, November eleventh. Seven analysts have rated the inventory with a maintain score and two have given a purchase score to the corporate’s inventory. Primarily based on knowledge from MarketBeat.com, the corporate presently has a median score of “Maintain” and a consensus worth goal of $139.57.
Examine Out Our Newest Report on GPC
Real Components Firm Profile
Real Components Firm distributes automotive substitute components, and industrial components and supplies. It operates in two segments: Automotive Components Group and Industrial Components Group segments. The corporate distributes automotive substitute components for hybrid and electrical automobiles, vans, SUVs, buses, bikes, leisure automobiles, farm automobiles, small engines, farm tools, marine tools, and heavy obligation tools; and tools and components utilized by restore outlets, service stations, fleet operators, vehicle and truck sellers, leasing corporations, bus and truck traces, mass merchandisers, farms, and people.
Learn Extra
Obtain Information & Scores for Real Components Each day – Enter your electronic mail tackle under to obtain a concise day by day abstract of the most recent information and analysts’ rankings for Real Components and associated corporations with MarketBeat.com’s FREE day by day electronic mail publication.