Teachers Retirement System of The State of Kentucky lowered its holdings in shares of Aptiv PLC (NYSE:APTV - Free Report) by 7.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 141,788 shares of the auto parts company's stock after selling 11,255 shares during the quarter. Teachers Retirement System of The State of Kentucky owned 0.06% of Aptiv worth $8,576,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. Ossiam raised its position in shares of Aptiv by 1,290.3% during the fourth quarter. Ossiam now owns 2,711 shares of the auto parts company's stock worth $164,000 after purchasing an additional 2,516 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Aptiv by 20.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,541,024 shares of the auto parts company's stock worth $153,674,000 after buying an additional 433,857 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Aptiv by 15.0% during the fourth quarter. First Trust Advisors LP now owns 1,747,087 shares of the auto parts company's stock worth $105,664,000 after buying an additional 228,421 shares in the last quarter. GeoWealth Management LLC grew its holdings in shares of Aptiv by 203.2% during the fourth quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company's stock worth $92,000 after buying an additional 1,022 shares in the last quarter. Finally, HITE Hedge Asset Management LLC grew its holdings in shares of Aptiv by 627.4% during the fourth quarter. HITE Hedge Asset Management LLC now owns 488,506 shares of the auto parts company's stock worth $29,545,000 after buying an additional 421,347 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.
Aptiv Price Performance
Shares of APTV stock traded up $0.94 during trading hours on Friday, reaching $56.00. The company's stock had a trading volume of 1,451,948 shares, compared to its average volume of 3,543,977. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $85.56. The firm's 50 day simple moving average is $59.39 and its 200-day simple moving average is $60.37. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $12.85 billion, a price-to-earnings ratio of 8.14, a PEG ratio of 0.62 and a beta of 1.64.
Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. Sell-side analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.
Analysts Set New Price Targets
A number of research analysts have weighed in on APTV shares. Piper Sandler raised their price target on Aptiv from $65.00 to $67.00 and gave the company a "neutral" rating in a research note on Thursday, March 20th. HSBC upgraded Aptiv from a "hold" rating to a "buy" rating and raised their price target for the company from $63.00 to $77.00 in a research note on Tuesday, February 4th. StockNews.com initiated coverage on Aptiv in a research note on Sunday, April 20th. They set a "hold" rating for the company. Barclays reiterated an "equal weight" rating and set a $55.00 target price (down from $80.00) on shares of Aptiv in a research note on Tuesday, April 15th. Finally, Hsbc Global Res upgraded Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have issued a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat, Aptiv presently has a consensus rating of "Moderate Buy" and an average price target of $81.94.
View Our Latest Analysis on APTV
Insider Activity
In related news, SVP Benjamin Lyon sold 14,568 shares of the business's stock in a transaction on 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 owns 125,237 shares of the company's stock, valued at $8,203,023.50. The trade was a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.45% of the stock is owned by corporate insiders.
About Aptiv
(
Free Report)
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.
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