Aptiv PLC (NYSE:APTV) Shares Purchased by CenterBook Partners LP

CenterBook Partners LP lifted its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 113.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,333 shares of the auto parts company's stock after acquiring an additional 6,563 shares during the period. CenterBook Partners LP's holdings in Aptiv were worth $734,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. grew its position in Aptiv by 3.5% in the 1st quarter. Principal Financial Group Inc. now owns 282,787 shares of the auto parts company's stock worth $16,826,000 after purchasing an additional 9,552 shares during the period. Crossmark Global Holdings Inc. grew its position in Aptiv by 89.5% in the 1st quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company's stock worth $1,333,000 after purchasing an additional 10,585 shares during the period. GAMMA Investing LLC grew its position in Aptiv by 348.2% in the 1st quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company's stock worth $164,000 after purchasing an additional 2,138 shares during the period. Diametric Capital LP bought a new stake in Aptiv in the 4th quarter worth approximately $972,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Aptiv by 8.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 474,151 shares of the auto parts company's stock worth $28,700,000 after purchasing an additional 35,426 shares during the period. Institutional investors own 94.21% of the company's stock.

Aptiv Price Performance

NYSE:APTV traded down $2.11 during trading hours on Friday, reaching $68.16. 2,481,029 shares of the company were exchanged, compared to its average volume of 3,361,602. The company has a current ratio of 1.61, a quick ratio of 1.11 and a debt-to-equity ratio of 0.83. The stock's 50-day moving average is $68.51 and its 200-day moving average is $63.28. The firm has a market cap of $14.84 billion, a PE ratio of 11.28, a price-to-earnings-growth ratio of 0.76 and a beta of 1.46. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $80.95.

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. UBS Group lifted their price target on shares of Aptiv from $66.00 to $75.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Bank of America lifted their target price on shares of Aptiv from $80.00 to $85.00 and gave the company a "buy" rating in a research note on Monday, June 16th. Wall Street Zen upgraded shares of Aptiv to a "hold" rating in a research note on Saturday, June 21st. Robert W. Baird set a $82.00 target price on shares of Aptiv and gave the company an "outperform" rating in a research note on Friday, July 11th. Finally, Royal Bank Of Canada lifted their target price on shares of Aptiv from $60.00 to $77.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. One analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $81.63.

Aptiv 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.