Amalgamated Bank Has $3.79 Million Stock Holdings in Aptiv PLC (NYSE:APTV)

Amalgamated Bank lowered its stake in Aptiv PLC (NYSE:APTV - Free Report) by 28.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 52,565 shares of the auto parts company's stock after selling 21,396 shares during the period. Amalgamated Bank's holdings in Aptiv were worth $3,785,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wolff Wiese Magana LLC grew its stake in Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company's stock valued at $36,000 after acquiring an additional 155 shares in the last quarter. Signaturefd LLC raised its position in Aptiv by 6.2% during the second quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company's stock valued at $189,000 after acquiring an additional 156 shares in the last quarter. Mather Group LLC. lifted its stake in Aptiv by 36.9% in the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company's stock valued at $47,000 after acquiring an additional 176 shares during the last quarter. Farther Finance Advisors LLC grew its position in Aptiv by 16.8% in the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company's stock worth $88,000 after acquiring an additional 176 shares in the last quarter. Finally, Crewe Advisors LLC increased its stake in shares of Aptiv by 94.7% during the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company's stock worth $31,000 after purchasing an additional 215 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Morgan Stanley lowered their price objective on Aptiv from $70.00 to $68.00 and set an "underweight" rating on the stock in a report on Wednesday, September 25th. Barclays lowered their target price on Aptiv from $100.00 to $80.00 and set an "overweight" rating on the stock in a report on Monday, November 4th. Evercore ISI cut their price objective on shares of Aptiv from $125.00 to $115.00 and set an "outperform" rating for the company in a research report on Monday, July 15th. Deutsche Bank Aktiengesellschaft lowered their price target on Aptiv from $76.00 to $66.00 and set a "hold" rating on the stock in a research note on Friday, November 1st. Finally, Citigroup reduced their price objective on Aptiv from $128.00 to $108.00 and set a "buy" rating for the company in a research report on Friday, July 12th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company's stock. According to data from MarketBeat.com, Aptiv currently has an average rating of "Moderate Buy" and an average target price of $87.00.

Aptiv Stock Up 1.1 %

Shares of NYSE APTV traded up $0.61 during midday trading on Friday, reaching $56.25. The company's stock had a trading volume of 4,562,655 shares, compared to its average volume of 4,037,245. The company has a current ratio of 1.50, a quick ratio of 1.06 and a debt-to-equity ratio of 0.91. The stock has a 50 day simple moving average of $68.01 and a 200-day simple moving average of $71.90. The stock has a market capitalization of $13.22 billion, a price-to-earnings ratio of 6.28, a PEG ratio of 0.48 and a beta of 1.81. Aptiv PLC has a fifty-two week low of $52.81 and a fifty-two week high of $91.66.

Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.68 by $0.15. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The company had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter in the prior year, the firm posted $1.30 EPS. The firm's revenue for the quarter was down 5.1% compared to the same quarter last year. Equities research analysts predict that Aptiv PLC will post 6.18 earnings per share 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.