Voya Investment Management LLC Sells 15,785 Shares of Aptiv PLC (NYSE:APTV)

Voya Investment Management LLC lowered its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,540,175 shares of the auto parts company's stock after selling 15,785 shares during the quarter. Voya Investment Management LLC owned approximately 0.67% of Aptiv worth $93,150,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Cartenna Capital LP bought a new stake in shares of Aptiv during the 4th quarter valued at $26,776,000. Quantessence Capital LLC bought a new stake in Aptiv in the fourth quarter valued at about $868,000. Tower Research Capital LLC TRC lifted its stake in Aptiv by 82.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 14,916 shares of the auto parts company's stock valued at $902,000 after buying an additional 6,745 shares during the period. Ossiam boosted its holdings in 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 buying an additional 2,516 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Aptiv by 20.6% during the 4th 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 during the period. Institutional investors own 94.21% of the company's stock.

Insider Transactions at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total transaction of $954,204.00. Following the sale, the senior vice president now owns 125,237 shares of the company's stock, valued at approximately $8,203,023.50. This represents a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.45% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on APTV. Hsbc Global Res raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Royal Bank of Canada raised their target price on shares of Aptiv from $75.00 to $82.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. Robert W. Baird decreased their price objective on Aptiv from $84.00 to $65.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Barclays reiterated an "equal weight" rating and issued a $55.00 price target (down from $80.00) on shares of Aptiv in a research note on Tuesday, April 15th. Finally, Guggenheim reduced their price objective on shares of Aptiv from $75.00 to $64.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have given a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $81.94.

Aptiv Price Performance

Shares of APTV traded down $1.43 during trading hours on Wednesday, reaching $56.22. The stock had a trading volume of 887,199 shares, compared to its average volume of 3,522,772. The stock has a market capitalization of $12.90 billion, a PE ratio of 8.17, a PEG ratio of 0.62 and a beta of 1.64. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $85.56. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. The company's 50-day moving average is $58.99 and its two-hundred day moving average is $60.24.

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 (EPS) 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%. Research analysts expect that Aptiv PLC will post 7.2 EPS 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.