6,265 Shares in Aptiv PLC (NYSE:APTV) Purchased by Focus Financial Network Inc.

Focus Financial Network Inc. purchased a new position in Aptiv PLC (NYSE:APTV - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,265 shares of the auto parts company's stock, valued at approximately $379,000.

Other hedge funds have also recently made changes to their positions in the company. Proactive Wealth Strategies LLC purchased a new position in Aptiv in the third quarter worth $1,815,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Aptiv by 73.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 111,401 shares of the auto parts company's stock worth $8,022,000 after buying an additional 47,215 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Aptiv during the 3rd quarter valued at about $14,893,000. Shorepath Capital Management LLC raised its stake in Aptiv by 21.8% in the fourth quarter. Shorepath Capital Management LLC now owns 66,104 shares of the auto parts company's stock valued at $3,998,000 after buying an additional 11,835 shares during the last quarter. Finally, National Pension Service boosted its holdings in Aptiv by 16.6% in the third quarter. National Pension Service now owns 502,896 shares of the auto parts company's stock worth $36,214,000 after acquiring an additional 71,633 shares in the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Price Performance

Shares of Aptiv stock traded up $0.65 on Monday, hitting $67.06. The company's stock had a trading volume of 2,121,450 shares, compared to its average volume of 3,465,648. The company has a market capitalization of $15.76 billion, a price-to-earnings ratio of 9.75, a price-to-earnings-growth ratio of 0.54 and a beta of 1.74. Aptiv PLC has a 1 year low of $51.47 and a 1 year high of $85.56. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.06 and a current ratio of 1.53. The firm has a fifty day moving average price of $61.15 and a 200-day moving average price of $64.04.

Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, beating analysts' consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. As a group, sell-side analysts anticipate that Aptiv PLC will post 7.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

APTV has been the subject of several research analyst reports. Evercore ISI decreased their price objective on shares of Aptiv from $105.00 to $95.00 and set an "outperform" rating for the company in a research report on Monday, February 10th. Barclays raised their price target on shares of Aptiv from $75.00 to $80.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. Baird R W raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. HSBC upgraded Aptiv from a "hold" rating to a "buy" rating and raised their target price for the stock from $63.00 to $77.00 in a research note on Tuesday, February 4th. Finally, Oppenheimer increased their price objective on Aptiv from $83.00 to $85.00 and gave the company an "outperform" rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $85.61.

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.