Aptiv PLC (NYSE:APTV) Shares Sold by Stifel Financial Corp

Stifel Financial Corp reduced its position in Aptiv PLC (NYSE:APTV - Free Report) by 33.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,403 shares of the auto parts company's stock after selling 16,441 shares during the quarter. Stifel Financial Corp's holdings in Aptiv were worth $1,960,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of APTV. Picton Mahoney Asset Management acquired a new stake in Aptiv in the 4th quarter valued at about $37,000. CENTRAL TRUST Co increased its holdings in Aptiv by 356.3% in the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock valued at $52,000 after buying an additional 677 shares during the last quarter. GeoWealth Management LLC lifted its holdings in Aptiv by 203.2% during the 4th quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company's stock worth $92,000 after buying an additional 1,022 shares during the last quarter. Covestor Ltd increased its holdings in shares of Aptiv by 11.4% in the 4th quarter. Covestor Ltd now owns 1,819 shares of the auto parts company's stock valued at $110,000 after acquiring an additional 186 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. raised its position in shares of Aptiv by 163.1% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,847 shares of the auto parts company's stock worth $110,000 after acquiring an additional 1,145 shares in the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Price Performance

APTV stock traded up $0.86 during trading on Friday, reaching $61.97. 1,606,589 shares of the company were exchanged, compared to its average volume of 3,483,289. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $85.35. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. The company has a market cap of $13.49 billion, a P/E ratio of 9.01, a PEG ratio of 0.62 and a beta of 1.44. The stock's 50 day moving average price is $57.98 and its 200 day moving average price is $59.74.

Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The auto parts company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.14. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter in the previous year, the company posted $1.16 EPS. The business's revenue was down 1.6% on a year-over-year basis. As a group, analysts predict that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on APTV shares. Robert W. Baird dropped their price target on shares of Aptiv from $84.00 to $65.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. Oppenheimer boosted their price target on shares of Aptiv from $83.00 to $85.00 and gave the company an "outperform" rating in a research report on Friday, February 7th. HSBC raised Aptiv from a "hold" rating to a "buy" rating and raised their price objective for the stock from $63.00 to $77.00 in a report on Tuesday, February 4th. Evercore ISI reduced their target price on Aptiv from $105.00 to $95.00 and set an "outperform" rating for the company in a report on Monday, February 10th. Finally, Piper Sandler raised their price target on Aptiv from $65.00 to $67.00 and gave the stock a "neutral" rating in a research note on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $82.06.

Insider Transactions at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the transaction, the senior vice president now directly owns 125,237 shares in the company, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.45% of the company's stock.

Aptiv Company Profile

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.