15,765 Shares in Aptiv PLC (NYSE:APTV) Purchased by Allianz SE

Allianz SE purchased a new stake in Aptiv PLC (NYSE:APTV - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 15,765 shares of the auto parts company's stock, valued at approximately $948,000.

Other large investors also recently bought and sold shares of the company. Boston Common Asset Management LLC increased its holdings in shares of Aptiv by 4.8% in the 4th quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company's stock valued at $249,000 after acquiring an additional 188 shares during the period. Horizon Investments LLC increased its stake in Aptiv by 6.1% in the fourth quarter. Horizon Investments LLC now owns 3,825 shares of the auto parts company's stock valued at $231,000 after purchasing an additional 219 shares during the period. Insigneo Advisory Services LLC increased its stake in Aptiv by 5.7% in the third quarter. Insigneo Advisory Services LLC now owns 6,205 shares of the auto parts company's stock valued at $447,000 after purchasing an additional 337 shares during the period. Providence Capital Advisors LLC raised its holdings in shares of Aptiv by 0.4% in the fourth quarter. Providence Capital Advisors LLC now owns 87,479 shares of the auto parts company's stock valued at $5,291,000 after buying an additional 364 shares during the last quarter. Finally, Asset Management One Co. Ltd. boosted its stake in shares of Aptiv by 0.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 101,901 shares of the auto parts company's stock worth $6,149,000 after buying an additional 475 shares during the period. Institutional investors and hedge funds own 94.21% of the company's stock.

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Analyst Ratings Changes

Several analysts have commented on APTV shares. Piper Sandler upped their price objective on Aptiv from $65.00 to $67.00 and gave the company a "neutral" rating in a research note on Thursday, March 20th. Hsbc Global Res raised Aptiv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Robert W. Baird upgraded shares of Aptiv from a "neutral" rating to an "outperform" rating and lifted their price objective for the company from $75.00 to $82.00 in a research report on Monday, January 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Aptiv from a "hold" rating to a "buy" rating and set a $78.00 price objective for the company in a research report on Friday, February 7th. Finally, Royal Bank of Canada lifted their target price on shares of Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $86.61.

Aptiv Price Performance

NYSE:APTV traded down $2.32 during mid-day trading on Friday, hitting $53.07. 5,973,052 shares of the company's stock traded hands, compared to its average volume of 3,447,419. 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 has a market cap of $12.18 billion, a PE ratio of 7.71, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. The firm's 50 day simple moving average is $63.55 and its 200 day simple moving average is $62.69. Aptiv PLC has a 1 year low of $50.15 and a 1 year high of $85.56.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. Sell-side analysts expect that Aptiv PLC will post 7.2 EPS for the current year.

Insider Activity

In other news, SVP Benjamin Lyon sold 14,568 shares of the business's stock in a transaction that occurred 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 completion of the transaction, 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.45% 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.