Aptiv PLC (NYSE:APTV) Shares Purchased by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its holdings in shares of Aptiv PLC (NYSE:APTV - Free Report) by 3.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 282,787 shares of the auto parts company's stock after acquiring an additional 9,552 shares during the period. Principal Financial Group Inc. owned 0.12% of Aptiv worth $16,826,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Picton Mahoney Asset Management bought a new stake in Aptiv during the 4th quarter valued at about $37,000. Mather Group LLC. grew its stake in shares of Aptiv by 155.2% in the first quarter. Mather Group LLC. now owns 633 shares of the auto parts company's stock worth $38,000 after acquiring an additional 385 shares during the period. Versant Capital Management Inc grew its stake in shares of Aptiv by 201.7% in the first quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock worth $42,000 after acquiring an additional 470 shares during the period. UMB Bank n.a. bought a new stake in shares of Aptiv in the first quarter worth approximately $48,000. Finally, Blue Trust Inc. grew its stake in shares of Aptiv by 48.4% in the first quarter. Blue Trust Inc. now owns 1,245 shares of the auto parts company's stock worth $74,000 after acquiring an additional 406 shares during the period. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Stock Performance

Shares of NYSE APTV traded down $1.17 during midday trading on Tuesday, reaching $69.31. 1,403,243 shares of the stock were exchanged, compared to its average volume of 3,376,555. The firm has a market cap of $15.09 billion, a price-to-earnings ratio of 11.47, a PEG ratio of 0.77 and a beta of 1.46. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $80.95. The firm has a 50-day simple moving average of $67.76 and a two-hundred day simple moving average of $63.05. The company has a quick ratio of 1.11, a current ratio of 1.61 and a debt-to-equity ratio of 0.83.

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 analysts' consensus estimates of $1.55 by $0.14. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.78 billion. Aptiv had a return on equity of 17.24% and a net margin of 7.93%. The firm's revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.16 EPS. As a group, analysts anticipate that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analysts Set New Price Targets

APTV has been the topic of a number of research reports. Wall Street Zen raised shares of Aptiv to a "hold" rating in a report on Saturday, June 21st. UBS Group boosted their target price on shares of Aptiv from $66.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday. Robert W. Baird set a $82.00 target price on shares of Aptiv and gave the stock an "outperform" rating in a report on Friday. Wells Fargo & Company boosted their price target on shares of Aptiv from $85.00 to $86.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 1st. Finally, Wolfe Research cut shares of Aptiv from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, July 2nd. One analyst has rated the stock with a sell rating, nine have given a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $80.38.

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.