Aptiv PLC (NYSE:APTV) Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP grew its stake in Aptiv PLC (NYSE:APTV - Free Report) by 105.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 29,417 shares of the auto parts company's stock after buying an additional 15,067 shares during the quarter. Quantinno Capital Management LP's holdings in Aptiv were worth $1,779,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in APTV. Arkadios Wealth Advisors lifted its stake in Aptiv by 14.4% in the fourth quarter. Arkadios Wealth Advisors now owns 4,090 shares of the auto parts company's stock worth $247,000 after acquiring an additional 515 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of Aptiv by 5.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 11,826 shares of the auto parts company's stock valued at $715,000 after purchasing an additional 624 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Aptiv by 44.4% during the 4th quarter. Nisa Investment Advisors LLC now owns 37,289 shares of the auto parts company's stock worth $2,255,000 after purchasing an additional 11,469 shares during the last quarter. Dakota Wealth Management acquired a new position in shares of Aptiv during the fourth quarter worth $596,000. Finally, Exchange Traded Concepts LLC grew its stake in shares of Aptiv by 23.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 200,924 shares of the auto parts company's stock worth $12,152,000 after purchasing an additional 38,554 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Stock Performance

Shares of APTV traded up $1.82 during mid-day trading on Tuesday, hitting $67.88. 223,670 shares of the company's stock were exchanged, compared to its average volume of 3,501,444. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $85.35. The business's 50 day moving average is $58.76 and its two-hundred day moving average is $60.08. The firm has a market capitalization of $14.78 billion, a P/E ratio of 9.87, a P/E/G ratio of 0.62 and a beta of 1.44.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data 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 15.63% and a net margin of 9.07%. The firm had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same period in the prior year, the business earned $1.16 EPS. The firm's revenue was down 1.6% compared to the same quarter last year. On average, equities analysts expect that Aptiv PLC will post 7.2 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on APTV shares. Baird R W raised Aptiv from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. Royal Bank of Canada boosted their target price on Aptiv from $60.00 to $77.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Oppenheimer increased their price target on shares of Aptiv from $83.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Barclays raised their price objective on shares of Aptiv from $55.00 to $65.00 and gave the stock an "equal weight" rating in a report on Monday, May 5th. Finally, Wall Street Zen started coverage on shares of Aptiv in a report on Thursday, May 22nd. They issued a "hold" rating for the company. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, Aptiv currently has an average rating of "Moderate Buy" and a consensus price target of $82.50.

Insider Buying and Selling

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