Public Employees Retirement Association of Colorado grew its holdings in shares of Genuine Parts (NYSE:GPC) by 3.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 24,937 shares of the specialty retailer’s stock after purchasing an additional 916 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Genuine Parts were worth $2,369,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Trust Co. of Vermont lifted its position in Genuine Parts by 10.0% during the 4th quarter. Trust Co. of Vermont now owns 7,136 shares of the specialty retailer’s stock worth $678,000 after buying an additional 646 shares in the last quarter. Aperio Group LLC lifted its position in Genuine Parts by 18.4% during the 4th quarter. Aperio Group LLC now owns 72,793 shares of the specialty retailer’s stock worth $6,916,000 after buying an additional 11,298 shares in the last quarter. Hutner Capital Management Inc. lifted its position in Genuine Parts by 2.7% during the 4th quarter. Hutner Capital Management Inc. now owns 24,490 shares of the specialty retailer’s stock worth $2,327,000 after buying an additional 645 shares in the last quarter. Victory Capital Management Inc. lifted its position in Genuine Parts by 10.6% during the 4th quarter. Victory Capital Management Inc. now owns 111,463 shares of the specialty retailer’s stock worth $10,590,000 after buying an additional 10,666 shares in the last quarter. Finally, CIBC World Markets Inc. bought a new stake in Genuine Parts during the 4th quarter worth about $875,000. 75.62% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Genuine Parts (NYSE:GPC) opened at $98.95 on Thursday. The company has a quick ratio of 0.62, a current ratio of 1.32 and a debt-to-equity ratio of 0.16. The stock has a market cap of $14,181.93, a PE ratio of 21.26, a PEG ratio of 2.36 and a beta of 1.14. Genuine Parts has a fifty-two week low of $79.86 and a fifty-two week high of $107.75.

Several brokerages have commented on GPC. Moffett Nathanson began coverage on shares of Genuine Parts in a research report on Monday, December 4th. They set a “sell” rating on the stock. Zacks Investment Research cut shares of Genuine Parts from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. Gabelli reissued a “buy” rating on shares of Genuine Parts in a research report on Friday, October 20th. Finally, Royal Bank of Canada dropped their target price on shares of Genuine Parts from $98.00 to $95.00 and set a “sector perform” rating on the stock in a report on Friday, October 20th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $98.40.

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About Genuine Parts

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company’s segments include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other.

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Institutional Ownership by Quarter for Genuine Parts (NYSE:GPC)

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