Aptiv PLC (NYSE:APTV) Shares Sold by Man Group plc

Man Group plc reduced its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 27.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 153,528 shares of the auto parts company's stock after selling 56,884 shares during the period. Man Group plc owned approximately 0.07% of Aptiv worth $9,285,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. OMERS ADMINISTRATION Corp increased its position in Aptiv by 19.2% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 11,782 shares of the auto parts company's stock valued at $713,000 after acquiring an additional 1,901 shares during the last quarter. Laurion Capital Management LP bought a new position in Aptiv during the 4th quarter valued at about $943,000. J. Goldman & Co LP purchased a new stake in Aptiv in the 4th quarter worth about $23,032,000. Graham Capital Management L.P. purchased a new stake in Aptiv in the 4th quarter worth about $1,070,000. Finally, Focus Partners Wealth lifted its stake in Aptiv by 37.5% in the fourth quarter. Focus Partners Wealth now owns 4,513 shares of the auto parts company's stock worth $273,000 after purchasing an additional 1,232 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction dated 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 sale, the senior vice president now directly owns 125,237 shares in the company, valued at approximately $8,203,023.50. This trade represents a 10.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.45% of the stock is owned by insiders.

Aptiv Stock Down 0.0%

Shares of NYSE APTV traded down $0.01 during mid-day trading on Thursday, reaching $66.95. 1,762,883 shares of the company were exchanged, compared to its average volume of 3,506,557. Aptiv PLC has a 1 year low of $47.19 and a 1 year high of $85.35. The firm has a 50-day moving average of $58.55 and a 200 day moving average of $59.78. The stock has a market cap of $14.58 billion, a price-to-earnings ratio of 9.73, a P/E/G ratio of 0.62 and a beta of 1.44. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on APTV shares. Argus upgraded Aptiv to a "strong-buy" rating in a report on Tuesday, February 11th. Oppenheimer increased their target price on Aptiv from $83.00 to $85.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. Wall Street Zen began coverage on Aptiv in a research report on Thursday. They set a "hold" rating for the company. Wells Fargo & Company upped their price target on shares of Aptiv from $75.00 to $85.00 and gave the stock an "overweight" rating in a report on Monday. Finally, Hsbc Global Res raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $82.50.

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.