Richmond Hill Investment Company Has Raised Its Advance Auto Parts INC (AAP) Position by $3.12 Million

March 14, 2018 - By Kurt Siggers

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.07, from 1.07 in 2017Q2. It worsened, as 72 investors sold AAP 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. Srb Corp holds 0.02% in Advance Auto Parts, Inc. (NYSE:AAP) or 1,815 shares. Jlb Inc owns 7,971 shares for 0.19% of their portfolio. Thrivent Financial For Lutherans holds 0% or 2,920 shares in its portfolio. Lionstone Mgmt Ltd Co holds 7.2% or 154,000 shares. Warren Averett Asset Ltd Liability Corporation holds 2,838 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.01% or 13,053 shares in its portfolio. Selway Asset Mngmt owns 27,650 shares or 1.59% of their US portfolio. Franklin invested in 539,675 shares or 0.03% of the stock. Moreover, Stoneridge Invest Ptnrs Limited Liability Corp has 0.65% invested in Advance Auto Parts, Inc. (NYSE:AAP). First Lp reported 75,675 shares or 0.02% of all its holdings. Balyasny Asset Management Limited Company stated it has 14,087 shares. Ubs Asset Mngmt Americas Inc accumulated 0.02% or 203,838 shares. Smithfield Tru has 100 shares for 0% of their portfolio. Steadfast Capital Mngmt Limited Partnership has 1.07% invested in Advance Auto Parts, Inc. (NYSE:AAP). United Automobile Association reported 24,401 shares stake.

Since February 23, 2018, it had 0 insider buys, and 2 insider sales for $242,352 activity. Finley Tammy M also sold $39,792 worth of Advance Auto Parts, Inc. (NYSE:AAP) on Friday, March 2.

Richmond Hill Investment Company increased its stake in Advance Auto Parts Inc (AAP) by 103.05% based on its latest 2017Q3 regulatory filing with the SEC. Richmond Hill Investment Company bought 31,535 shares as the company’s stock declined 6.26% while stock markets rallied. The hedge fund held 62,138 shares of the other specialty stores company at the end of 2017Q3, valued at $6.16M, up from 30,603 at the end of the previous reported quarter. Richmond Hill Investment Company who had been investing in Advance Auto Parts Inc for a number of months, seems to be bullish on the $8.65B market cap company. The stock decreased 1.70% or $2.02 during the last trading session, reaching $116.98. About 594,723 shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has risen 5.52% since March 14, 2017 and is uptrending. It has underperformed by 11.18% the S&P500.

Richmond Hill Investment Company, which manages about $78.01 million US Long portfolio, decreased its stake in Post Hldgs Inc (NYSE:POST) by 39,289 shares to 53,683 shares, valued at $4.74 million in 2017Q3, according to the filing.

More notable recent Advance Auto Parts, Inc. (NYSE:AAP) news were published by: which released: “Lifshitz & Miller LLP Announces Investigation of Advance Auto Parts, Inc …” on February 19, 2018, also with their article: “EQUITY ALERT: Levi & Korsinsky, LLP Reminds Advance Auto Parts, Inc …” published on February 22, 2018, published: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Advance Auto …” on February 14, 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: “Advance Auto Parts Reaches Analyst Target Price” with publication date: March 12, 2018.

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. Stephens maintained Advance Auto Parts, Inc. (NYSE:AAP) on Tuesday, January 16 with “Hold” rating. The stock of Advance Auto Parts, Inc. (NYSE:AAP) has “Buy” rating given on Friday, February 12 by Deutsche Bank. BTIG Research maintained the shares of AAP in report on Wednesday, October 19 with “Sell” rating. Barclays Capital maintained it with “Equal-Weight” rating and $114 target in Thursday, February 22 report. The firm has “Outperform” rating given on Thursday, May 25 by RBC Capital Markets. The rating was maintained by UBS with “Buy” on Monday, August 7. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Strong Buy” rating by Raymond James on Tuesday, November 15. Citigroup maintained the shares of AAP in report on Wednesday, August 17 with “Neutral” rating. The company was maintained on Thursday, February 22 by Robert W. Baird. As per Monday, August 21, the company rating was upgraded by Barclays Capital.

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