Genuine Parts: Major Insider and Institutional Third Quarter Support

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Genuine Parts Company (NYSE:GPC).

SEC data indicate these insiders have bought Genuine Parts Company’s stock since 06/30/2011:

  • Loudermilk Robert C Jr: act as Director. On 07/27/2011, bought 1,000 shares, worth $53,400.

SEC data indicate that these institutions significantly increased their stock shares of Genuine Parts Company in Q3 2011:

  • DAIWA SB INVESTMENTS LTD.: On 06/30/2011, held 0 shares. On 09/30/2011, held 399,100 shares, worth $20,274,280.
  • TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY: On 06/30/2011, held 0 shares. On 09/30/2011, held 284,275 shares, worth $14,441,170.
  • SWARTHMORE GROUP INC: On 06/30/2011, held 0 shares. On 09/30/2011, held 223,800 shares, worth $11,369,040.
  • SKBA CAPITAL MANAGEMENT LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 147,140 shares, worth $7,474,712.
  • PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO: On 06/30/2011, held 0 shares. On 09/30/2011, held 99,774 shares, worth $5,068,519.

About the company: Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials. The Company conducts business throughout most of the United States, in Canada, and in Mexico.

Competitors to Watch: LKQ Corporation (NASDAQ:LKQX), Lithia Motors, Inc. (NYSE:LAD), Dorman Products Inc. (NASDAQ:DORM), Advance Auto Parts, Inc. (NYSE:AAP), O’Reilly Automotive, Inc. (NASDAQ:ORLY), The Pep Boys – Manny, Moe & Jack (NYSE:PBY), U.S. Auto Parts Network, Inc. (NASDAQ:PRTS), General Motors Company (NYSE:GM), Toyota Motor Corp. (NYSE:TM), Honda Motor CO., Ltd. (NYSE:HMC), Ford Motor Company (NYSE:F), CarMax (NYSE:KMX), Tesla Motors Inc (NASDAQ:TSLA), Tata Motors Limited (NYSE:TTM) and Navistar Intl. Corp. (NYSE:NAV).

(Note: Data regarding Genuine Parts Company’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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