Aptiv PLC (NYSE:APTV) Shares Sold by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 4.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 124,250 shares of the auto parts company's stock after selling 5,376 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.05% of Aptiv worth $7,505,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Picton Mahoney Asset Management purchased a new position in shares of Aptiv in the 4th quarter valued at approximately $37,000. CENTRAL TRUST Co raised its position in shares of Aptiv by 356.3% in the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock valued at $52,000 after purchasing an additional 677 shares during the last quarter. GeoWealth Management LLC raised its position in shares of Aptiv by 203.2% in the 4th quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company's stock valued at $92,000 after purchasing an additional 1,022 shares during the last quarter. Quarry LP purchased a new position in shares of Aptiv in the 4th quarter valued at approximately $105,000. Finally, Hazlett Burt & Watson Inc. raised its position in shares of Aptiv by 163.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,847 shares of the auto parts company's stock valued at $110,000 after purchasing an additional 1,145 shares during the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Aptiv

In related 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 value of $954,204.00. Following the sale, the senior vice president now directly owns 125,237 shares in the company, valued at approximately $8,203,023.50. The trade was a 10.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.45% of the stock is owned by insiders.

Analyst Ratings Changes

APTV has been the topic of several research reports. Barclays increased their price target 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. Argus upgraded shares of Aptiv to a "strong-buy" rating in a report on Tuesday, February 11th. Guggenheim cut their price target on shares of Aptiv from $75.00 to $64.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Royal Bank of Canada increased their price target on shares of Aptiv from $60.00 to $77.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Finally, Robert W. Baird cut their price target on shares of Aptiv from $84.00 to $65.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, Aptiv has a consensus rating of "Moderate Buy" and an average price target of $82.50.

Aptiv Price Performance

APTV traded down $0.84 on Friday, hitting $66.13. 1,530,815 shares of the company's stock were exchanged, compared to its average volume of 3,507,199. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $85.35. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The firm has a 50-day moving average price of $58.70 and a 200-day moving average price of $59.94. The stock has a market cap of $14.40 billion, a price-to-earnings ratio of 9.61, a P/E/G ratio of 0.62 and a beta of 1.44.

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

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.