Private Asset Management Cut By $7.20 Million Its Southwest Gas Corp. (SWX) Stake; Advance Auto Parts (AAP) Has 1 Sentiment

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 $8.61 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 18.12 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.

Private Asset Management Inc decreased Southwest Gas Corp. (SWX) stake by 92.24% reported in 2017Q3 SEC filing. Private Asset Management Inc sold 7,195 shares as Southwest Gas Corp. (SWX)’s stock declined 6.90%. The Private Asset Management Inc holds 605 shares with $605,000 value, down from 7,800 last quarter. Southwest Gas Corp. now has $3.23B valuation. The stock increased 5.33% or $3.42 during the last trading session, reaching $67.56. About 317,036 shares traded or 54.77% up from the average. Southwest Gas Holdings, Inc. (NYSE:SWX) has risen 14.20% since March 6, 2017 and is uptrending. It has underperformed by 2.50% the S&P500.

Ratings analysis reveals 50% of Advance Auto’s analysts are positive. Out of 8 Wall Street analysts rating Advance Auto, 4 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $130.0 while the high is $185.0. The stock’s average target of $161.75 is 39.01% above today’s ($116.36) share price. AAP was included in 8 notes of analysts from August 26, 2016. The rating was upgraded by Raymond James to “Strong Buy” on Tuesday, November 15. The company was initiated on Friday, August 26 by Susquehanna. The firm has “Underweight” rating by Barclays Capital given on Wednesday, February 22. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Overweight” rating by Atlantic Securities on Wednesday, December 14. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Outperform” rating by RBC Capital Markets on Thursday, September 8. The company was initiated on Wednesday, January 18 by Guggenheim. Wedbush maintained it with “Outperform” rating and $185.0 target in Wednesday, February 22 report. Bank of America downgraded the shares of AAP in report on Friday, January 13 to “Neutral” rating.

Richmond Hill Investments Llc holds 11.38% of its portfolio in Advance Auto Parts, Inc. for 176,262 shares. Starboard Value Lp owns 3.18 million shares or 8.5% of their US portfolio. Moreover, Tensile Capital Management Llc has 8.27% invested in the company for 438,200 shares. The New York-based Richmond Hill Investment Co. Lp has invested 7.9% in the stock. Slate Path Capital Lp, a New York-based fund reported 1.50 million shares.

Since January 1, 0001, it had 0 buys, and 1 sale for $202,560 activity.

The stock increased 0.25% or $0.29 during the last trading session, reaching $116.36. About 1.09 million shares traded. Advance Auto Parts, Inc. (AAP) has risen 5.52% since March 6, 2017 and is uptrending. It has underperformed by 11.18% the S&P500.

Among 7 analysts covering Southwest Gas Corporation (NYSE:SWX), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Southwest Gas Corporation has $89 highest and $57 lowest target. $77.50’s average target is 14.71% above currents $67.56 stock price. Southwest Gas Corporation had 22 analyst reports since July 24, 2015 according to SRatingsIntel. Argus Research downgraded the shares of SWX in report on Tuesday, May 31 to “Hold” rating. The firm has “Hold” rating given on Tuesday, September 1 by Zacks. The stock of Southwest Gas Holdings, Inc. (NYSE:SWX) earned “Hold” rating by Jefferies on Thursday, October 8. Citigroup maintained the stock with “Neutral” rating in Wednesday, July 27 report. The rating was maintained by Jefferies on Monday, October 16 with “Hold”. Jefferies upgraded the shares of SWX in report on Thursday, October 13 to “Hold” rating. The firm has “Neutral” rating given on Monday, November 20 by Citigroup. UBS maintained it with “Buy” rating and $89 target in Friday, March 2 report. The stock of Southwest Gas Holdings, Inc. (NYSE:SWX) has “Buy” rating given on Friday, July 24 by Argus Research. Jefferies maintained Southwest Gas Holdings, Inc. (NYSE:SWX) rating on Thursday, August 31. Jefferies has “Hold” rating and $70.0 target.

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