Calamos Wealth Management LLC Sells 76,103 Shares of Aptiv PLC (NYSE:APTV)

Calamos Wealth Management LLC lowered its holdings in shares of Aptiv PLC (NYSE:APTV - Free Report) by 95.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,873 shares of the auto parts company's stock after selling 76,103 shares during the period. Calamos Wealth Management LLC's holdings in Aptiv were worth $347,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. raised its stake in shares of Aptiv by 5.6% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 13,839 shares of the auto parts company's stock worth $1,657,000 after buying an additional 732 shares in the last quarter. Panagora Asset Management Inc. raised its stake in shares of Aptiv by 127.8% in the 1st quarter. Panagora Asset Management Inc. now owns 10,798 shares of the auto parts company's stock worth $1,293,000 after buying an additional 6,057 shares in the last quarter. Synovus Financial Corp raised its stake in shares of Aptiv by 15.0% in the 1st quarter. Synovus Financial Corp now owns 3,395 shares of the auto parts company's stock worth $406,000 after buying an additional 443 shares in the last quarter. Cibc World Market Inc. raised its stake in shares of Aptiv by 25.4% in the 1st quarter. Cibc World Market Inc. now owns 5,600 shares of the auto parts company's stock worth $670,000 after buying an additional 1,133 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Aptiv by 32.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,239 shares of the auto parts company's stock worth $268,000 after buying an additional 551 shares in the last quarter. Institutional investors own 94.21% of the company's stock.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 18,680 shares of the business's stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $77.69, for a total value of $1,451,249.20. Following the transaction, the senior vice president now owns 95,211 shares in the company, valued at $7,396,942.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.34% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on APTV. Oppenheimer decreased their target price on Aptiv from $149.00 to $148.00 and set an "outperform" rating on the stock in a report on Thursday, February 1st. Citigroup decreased their target price on Aptiv from $150.00 to $136.00 and set a "buy" rating on the stock in a report on Thursday, February 1st. Morgan Stanley cut Aptiv from an "equal weight" rating to an "underweight" rating and decreased their target price for the stock from $90.00 to $74.00 in a report on Wednesday, February 7th. UBS Group lifted their target price on Aptiv from $107.00 to $110.00 in a report on Monday, April 8th. Finally, Guggenheim decreased their target price on Aptiv from $103.00 to $92.00 and set a "buy" rating on the stock in a report on Wednesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $110.36.

Aptiv Stock Up 0.4 %

NYSE APTV traded up $0.31 on Friday, reaching $69.63. The stock had a trading volume of 1,867,618 shares, compared to its average volume of 2,078,757. The business has a 50 day moving average price of $77.42 and a 200 day moving average price of $82.20. The company has a current ratio of 1.72, a quick ratio of 1.22 and a debt-to-equity ratio of 0.53. Aptiv PLC has a 1 year low of $68.84 and a 1 year high of $113.60. The company has a market capitalization of $18.99 billion, a price-to-earnings ratio of 6.72, a P/E/G ratio of 0.89 and a beta of 1.90.

Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 EPS for the quarter, beating 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 firm had revenue of $4.92 billion for the quarter, compared to the consensus estimate of $4.95 billion. On average, analysts forecast that Aptiv PLC will post 5.63 EPS for the current fiscal year.

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.