Advance Auto Parts Inc (AAP) to Issue $0.06 Quarterly Dividend

Advance Auto

Tocqueville Asset Management L.P. owned approximately 0.08% of Advance Auto Parts worth $6,077,000 as of its most recent SEC filing. UBS maintained the shares of AAP in report on Friday, February 5 with "Buy" rating. Companies may issue new shares and buy back their own shares. (NYSE:AAP) are 1.95%; -3.78% for the month; -5.51% for the last quarter; -43.35% for the past six-months; and -43.26% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower. Nordea Invest Mgmt holds 3,619 shares or 0% of its portfolio. It increased, as 69 investors sold Advance Auto Parts, Inc. shares while 122 reduced holdings.

Advance Auto Parts has a dividend payout ratio of 4.7% meaning its dividend is sufficiently covered by earnings.

A number of analysts have weighed in on AAP shares. The company has an average rating of "Hold" and an average target price of $116.44. Advance Auto Parts Inc.'s average EBITDA per Share Growth Rate was -16.5 percent during the past 12 months. Goldman Sachs Group, Inc. The biggest holder now is Nicholas F. Taubman who owns 2,324,574 shares (3.15% of those outstanding), whilst Darren R. Jackson holds 140,699 (0.19% of shares outstanding) and Mr. Thomas R. Greco holds 114,630 (0.16% of shares outstanding). Three research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company's stock. Citigroup Inc. cut their price objective on Advance Auto Parts to $99.00 and set a "neutral" rating for the company in a report on Wednesday, August 16th. (NYSE:AAP) has been trading recently. The company maintains price to book ratio of 2.34 vs.an industry average at 2.31. Institutional ownership is usually beneficial to a stock price initially, but very high institutional ownership has several shortcomings. The company reported $1.43 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.25 by $0.18. Advance Auto Parts had a return on equity of 14.71% and a net margin of 3.91%.

Revenues fell 3.0% from previous year to $2.18 billion, however, falling short of analysts' view for $2.21 billion. Year-to-date, AAP has declined -51.27%, versus a 17.22% rise in the benchmark S&P 500 index during the same period. Advance Auto Parts Inc. had 83 analyst reports since August 5, 2015 according to SRatingsIntel.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 5th. (NYSE:AAP) has a Shareholder Yield of -0.000784 and a Shareholder Yield (Mebane Faber) of 0.02131. Advance Auto Parts's dividend payout ratio (DPR) is now 4.80%. (NYSE:AAP). Massachusetts Financial Service Ma stated it has 0.06% of its portfolio in Advance Auto Parts, Inc. The Company's stores and branches offer a selection of brand name, original equipment maker (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks.

Related News:

  • JM Smucker Company (The) (SJM) Scheduled to Post Quarterly Earnings on Thursday

    JM Smucker Company (The) (SJM) Scheduled to Post Quarterly Earnings on Thursday

    If you are viewing this report on another domain, it was copied illegally and reposted in violation of US & global copyright law. It fall, as 85 investors sold GE shares while 816 reduced holdings. 37 funds opened positions while 53 raised stakes.
    Dallas County assistant DA fired for behavior toward Uber driver

    Dallas County assistant DA fired for behavior toward Uber driver

    Messages seeking comment from Uber were not immediately returned. "There's two sides to every event", Schulte tweeted. I will continue to run this office with transparency and respect for the justice system and the community we serve.
    Nigeria vs Argentina: Super Eagles starting XI revealed

    Nigeria vs Argentina: Super Eagles starting XI revealed

    On Tuesday, Mikel will mark another landmark when he leads the Super Eagles out, this time , as substantive captain . The icon withdrew from the squad after La Albiceleste defeated Russian Federation 1-0 in Moscow on Saturday.
  • A new Smash Bros. game has apparently been trademarked by Nintendo

    A new Smash Bros. game has apparently been trademarked by Nintendo

    Amiibo figures that can be used for this objective include ones that feature "Super Mario" and " Splatoon " characters. The Nintendo Switch has now been out for eight months, but there have still been no signs of the fighting game.
    Black Friday 2017 Argos UK deals REVEALED

    Black Friday 2017 Argos UK deals REVEALED

    The shopping bonanza will last all weekend, and is followed by Black Friday's online equivalent Cyber Monday on November 27 . While many consumers will take advantage of deals over Thanksgiving weekend, 31% will refrain from shopping that weekend.
    More bidding on Buffalo Wild Wings?

    More bidding on Buffalo Wild Wings?

    Longbow Research upgraded Buffalo Wild Wings from an underperform rating to a neutral rating in a report on Thursday, July 6th. Credit Agricole S A purchased a new stake in Buffalo Wild Wings during the 1st quarter valued at approximately $424,000.
  • Ndume will resume tomorrow - Senate

    Ndume will resume tomorrow - Senate

    A Federal High Court last week , ordered Ndume's immediate reinstatement and payment of all his entitlements for the period of the suspension.

    TJX Companies Shares Slide as Retailer Misses Sales Estimate

    Salient Trust Company Lta decreased Vanguard Index Fds (VO) stake by 34,000 shares to 2,336 valued at $333,000 in 2017Q2. Shares for $89,110 were sold by Sherr Richard . $83.46's average target is 17.95% above currents $70.76 stock price.
    Senate approves Buhari's $5.5 billion external borrowing

    Senate approves Buhari's $5.5 billion external borrowing

    With the $3bn to be used for refinancing domestic debts, local lenders owed by the federal government may now expect to be paid. Nigeria's Senate on Tuesday approved a request by President Muhammadu Buhari to seek $5.5 billion in foreign loans.
  • Trans-Pacific trade agreement goes ahead sans Trump

    Trans-Pacific trade agreement goes ahead sans Trump

    Trump reiterated his markedly different stance on trade before the 21-member APEC summit convened late Friday with a gala banquet. In contrast, the Chinese president, Xi Jinping spoke directly and stressed on how "openness brings progress".
    Kim Kardashian Exposes Savage Tweet From Kanye West Aimed At Jimmy Kimmel

    Kim Kardashian Exposes Savage Tweet From Kanye West Aimed At Jimmy Kimmel

    " Chris joined in the sketch by reading out a tweet from a troll who wrote, "'@jimmykimmel is a comedy god. Clearly, all three of these " white guys with beards " had a great old laugh in this segment of the show.
    Most Active Stock: Marvell Technology Group Ltd. (MRVL)

    Most Active Stock: Marvell Technology Group Ltd. (MRVL)

    The semiconductor company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.03). The firm has a market capitalization of $9,980.45, a price-to-earnings ratio of 25.81, a PEG ratio of 1.38 and a beta of 1.05.


Most liked

Whitefish Energy Holdings continues to create controversy
Energy officials told the Times that, even accounting for the emergency work, billing Prepa over $300 per lineman didn't add up. The Army Corps of Engineers reportedly avoided hiring Whitefish because it charged twice as much as it should have.

Wells Fargo & Company (WFC) Holdings Boosted by 440 Investment Group LLC
With 2.59M avg volume, 2 days are for E*trade Financial Corporation (NASDAQ:ETFC)'s short sellers to cover ETFC's short positions. Zacks Investment Research upgraded Wells Fargo & from a "sell" rating to a "hold" rating in a report on Thursday, October 12th.

Canadian National Railway Company
Equities researchers at Deutsche Bank issued a key "Sell" rating for Canadian National Railway Company Common Stock (NYSE: CNI ). The stock of STMicroelectronics NV (ADR) (NYSE:STM) has "Underperform" rating given on Friday, September 2 by Bank of America.

Federal Bureau of Investigation data shows hate crimes appeared to drop in Wisconsin
The number of hate crimes targeting lesbian, gay, bisexual and transgender people also went up past year . More than half the 4,200 racially motivated crimes were against black people.

Candriam Luxembourg SCA Sells 176754 Shares of Delta Air Lines, Inc. (DAL)
Five research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. It dived, as 71 investors sold DAL shares while 275 reduced holdings. 90 funds opened positions while 249 raised stakes.

Flying auto company Terrafugia bought by China's Geely
The deal has been approved by all relevant regulatory authorities, including the United States Committee on Foreign Investment (CIFIUS).

Buffon retires from Italy duty after World Cup failure
For the first time in 60 years Italy will not be taking part in the 2018 World Cup football finals in Russian Federation . Speaking after the game, Barzagli, 36, said it was painful, adding: "I don't know what we missed.

Chipotle Mexican Grill (CMG) Shares Hovering Above Chikou
Also, it has an estimated price-earnings (P/E) multiple of 29.43 and a trailing 12-month price-earnings (P/E) multiple of 53.83. See Chipotle Mexican Grill, Inc . (NYSE:CMG) opened at $282.70 on Tuesday. 686 were accumulated by Puplava Svcs. (NYSE:CMG).

Drinking coffee may decrease risk of heart failure, stroke
Heart failure is a potentially fatal condition that occurs when the heart is too week to pump blood efficiently around the body. Further investigation to better determine how red meat consumption affects risk for heart failure and stroke is ongoing.

Analyst Research and Recommendations: Abbott Laboratories (ABT), CytomX Therapeutics, Inc. (CTMX)
Stifel Nicolaus raised the price target on October 19 changing the forecast from $58.00 to $63.00 with a "Buy" recommendation. The value of the investment in (ABT) increased from $138,176,000 to $139,414,000 a change of 0.9% for the reporting period.

WizKid And Davido Throw Shades At Each Other
In the same vein, Davido who emerged Best World Act at the 2017 MTV EMA took to his social media page to mock AFRIMA awards organisers.

Mobile's affordable REVVL smartphone costs only $125
It will go on sale beginning November 17 in stores nationwide and online in a special edition black and magenta color scheme. To remind you, T-Mobile Revvl, which was launched in August this year, is now sold for $6 down and $6 per month with EIP.

Cohen & Steers Inc (NYSE:CNS): Institutional Investor Sentiment Up to 1.59
Chevy Chase Trust Holdings Inc increased Unilever N V (NYSE:UN) stake by 83,894 shares to 387,972 valued at $21.44M in 2017Q2. Other large investors have also modified their holdings of the company. 238,756 shares of the company's stock traded hands.

Russian accusation of US-ISIS cooperation based on computer game photo
A joint US-Russian operation against ISIS like that mentioned in the Russian statement would also be out of the ordinary, he said.

Tumhari Sulu: Here's why we are excited about Vidya Balan's film
But let's start with the most glaring one - the otherising of films centered around women need to stop now. Vidya Balan made her acting debut with TV show Hum Paanch .