JPMorgan Chase & Co. Lowers Aptiv (NYSE:APTV) Price Target to $109.00

Aptiv (NYSE:APTV - Free Report) had its price objective trimmed by JPMorgan Chase & Co. from $110.00 to $109.00 in a research note published on Monday morning, Benzinga reports. The firm currently has an overweight rating on the auto parts company's stock.

Other equities analysts have also issued reports about the stock. UBS Group lifted their price target on shares of Aptiv from $107.00 to $110.00 in a report on Monday, April 8th. Royal Bank of Canada decreased their price target on Aptiv from $115.00 to $104.00 and set an outperform rating for the company in a research note on Thursday, February 1st. Robert W. Baird downgraded Aptiv from an outperform rating to a neutral rating and lowered their price target for the stock from $105.00 to $96.00 in a report on Wednesday, January 3rd. Morgan Stanley downgraded shares of Aptiv from an equal weight rating to an underweight rating and cut their price objective for the company from $90.00 to $74.00 in a report on Wednesday, February 7th. Finally, Citigroup dropped their target price on shares of Aptiv from $150.00 to $136.00 and set a buy rating on the stock in a research report on Thursday, February 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, Aptiv has an average rating of Moderate Buy and an average price target of $109.93.

Aptiv Trading Up 0.7 %

Shares of NYSE:APTV traded up $0.47 on Monday, hitting $70.10. 1,876,956 shares of the company's stock were exchanged, compared to its average volume of 2,669,710. The business's 50 day simple moving average is $77.42 and its two-hundred day simple moving average is $82.20. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.72 and a quick ratio of 1.22. The stock has a market capitalization of $19.11 billion, a price-to-earnings ratio of 6.77, a price-to-earnings-growth ratio of 0.89 and a beta of 1.90. Aptiv has a 12 month low of $68.84 and a 12 month high of $113.60.

Aptiv (NYSE:APTV - Get Free Report) last posted its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.11. Aptiv had a return on equity of 13.32% and a net margin of 14.65%. The company had revenue of $4.92 billion during the quarter, compared to analyst estimates of $4.95 billion. Analysts anticipate that Aptiv will post 5.63 EPS for the current fiscal year.

Insider Buying and Selling at Aptiv

In related news, SVP Benjamin Lyon sold 18,680 shares of the firm's stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $77.69, for a total transaction of $1,451,249.20. Following the sale, the senior vice president now directly owns 95,211 shares of the company's stock, valued at $7,396,942.59. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.34% of the stock is owned by corporate insiders.

Institutional Trading of Aptiv

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Riverview Trust Co acquired a new position in shares of Aptiv during the 1st quarter worth approximately $25,000. Turtle Creek Wealth Advisors LLC acquired a new position in Aptiv during the fourth quarter worth $29,000. GAMMA Investing LLC purchased a new position in Aptiv during the fourth quarter valued at $32,000. Mather Group LLC. acquired a new stake in shares of Aptiv in the first quarter valued at about $33,000. Finally, Harbor Investment Advisory LLC grew its position in shares of Aptiv by 4,166.7% in the first quarter. Harbor Investment Advisory LLC now owns 512 shares of the auto parts company's stock valued at $41,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 94.21% of the company's stock.

About Aptiv

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.