Dakota Wealth Management Acquires 11,948 Shares of Aptiv PLC (NYSE:APTV)

Dakota Wealth Management raised its position in Aptiv PLC (NYSE:APTV - Free Report) by 121.3% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 21,797 shares of the auto parts company's stock after buying an additional 11,948 shares during the period. Dakota Wealth Management's holdings in Aptiv were worth $1,297,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Mather Group LLC. lifted its stake in shares of Aptiv by 155.2% in the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock valued at $38,000 after purchasing an additional 385 shares during the period. Versant Capital Management Inc lifted its stake in shares of Aptiv by 201.7% in the 1st quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock valued at $42,000 after purchasing an additional 470 shares during the period. UMB Bank n.a. acquired a new position in shares of Aptiv in the 1st quarter valued at $48,000. Blue Trust Inc. lifted its stake in shares of Aptiv by 48.4% in the 1st quarter. Blue Trust Inc. now owns 1,245 shares of the auto parts company's stock valued at $74,000 after purchasing an additional 406 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of Aptiv by 164.7% in 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. 94.21% of the stock is currently owned by institutional investors.

Aptiv Stock Down 3.0%

Shares of NYSE APTV traded down $2.11 during mid-day trading on Friday, hitting $68.16. The company had a trading volume of 2,481,029 shares, compared to its average volume of 3,370,262. The company has a market capitalization of $14.84 billion, a PE ratio of 11.28, a price-to-earnings-growth ratio of 0.78 and a beta of 1.46. The firm has a 50-day simple moving average of $68.51 and a two-hundred day simple moving average of $63.26. The company has a current ratio of 1.61, a quick ratio of 1.11 and a debt-to-equity ratio of 0.83. Aptiv PLC has a one year low of $47.19 and a one year high of $80.95.

Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The auto parts company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.14. The company had revenue of $4.83 billion during the quarter, compared to analysts' expectations of $4.78 billion. Aptiv had a return on equity of 17.24% and a net margin of 7.93%. Aptiv's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.16 EPS. On average, equities analysts expect that Aptiv PLC will post 7.2 EPS for the current year.

Analyst Ratings Changes

APTV has been the topic of several research analyst reports. Royal Bank Of Canada raised their price objective on Aptiv from $60.00 to $77.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. UBS Group raised their price objective on Aptiv from $66.00 to $75.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Wells Fargo & Company raised their price objective on Aptiv from $85.00 to $86.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 1st. Robert W. Baird set a $82.00 price objective on Aptiv and gave the stock an "outperform" rating in a research note on Friday, July 11th. Finally, Wolfe Research downgraded Aptiv from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, July 2nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $81.63.

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.