John G Ullman & Associates Inc. grew its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 73.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,900 shares of the auto parts company's stock after purchasing an additional 9,250 shares during the period. John G Ullman & Associates Inc.'s holdings in Aptiv were worth $1,303,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of APTV. Mather Group LLC. raised its holdings in shares of Aptiv by 155.2% during the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock valued at $38,000 after acquiring an additional 385 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Aptiv by 201.7% during the first quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock valued at $42,000 after buying an additional 470 shares during the last quarter. UMB Bank n.a. purchased a new position in shares of Aptiv during the first quarter valued at approximately $48,000. Blue Trust Inc. lifted its holdings in shares of Aptiv by 48.4% during the 1st quarter. Blue Trust Inc. now owns 1,245 shares of the auto parts company's stock valued at $74,000 after buying an additional 406 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of Aptiv by 164.7% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,363 shares of the auto parts company's stock valued at $81,000 after purchasing an additional 848 shares during the period. Hedge funds and other institutional investors own 94.21% of the company's stock.
Aptiv Price Performance
APTV stock traded up $0.47 during midday trading on Friday, hitting $70.93. 1,801,988 shares of the stock were exchanged, compared to its average volume of 2,031,056. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $80.95. The stock has a market cap of $15.44 billion, a price-to-earnings ratio of 11.74, a PEG ratio of 0.78 and a beta of 1.46. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.11 and a current ratio of 1.61. The stock's 50-day moving average price is $68.72 and its 200-day moving average price is $63.59.
Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The auto parts company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.55 by $0.14. Aptiv had a return on equity of 17.24% and a net margin of 7.93%. The company had revenue of $4.83 billion during the quarter, compared to analysts' expectations of $4.78 billion. During the same quarter in the previous year, the business earned $1.16 EPS. The firm's revenue was down 1.6% on a year-over-year basis. Research analysts predict that Aptiv PLC will post 7.2 earnings per share for the current year.
Analyst Ratings Changes
Several equities analysts have weighed in on the stock. Wells Fargo & Company lifted their price target on shares of Aptiv from $85.00 to $86.00 and gave the company an "overweight" rating in a report on Tuesday, July 1st. Guggenheim cut shares of Aptiv from a "buy" rating to a "neutral" rating in a research report on Wednesday, June 4th. Wolfe Research downgraded Aptiv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, July 2nd. Wall Street Zen raised shares of Aptiv to a "hold" rating in a research report on Saturday, June 21st. Finally, Royal Bank Of Canada raised their price target on shares of Aptiv from $60.00 to $77.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $81.63.
Check Out Our Latest Research Report on Aptiv
Aptiv Profile
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Free Report)
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.
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