Aptiv PLC (NYSE:APTV - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $51.16 and last traded at $51.86, with a volume of 529387 shares trading hands. The stock had previously closed at $55.39.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on APTV shares. Royal Bank of Canada increased their price objective on Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a research report on Friday, February 7th. HSBC raised Aptiv from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $63.00 to $77.00 in a report on Tuesday, February 4th. Barclays lifted their target price on shares of Aptiv from $75.00 to $80.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. StockNews.com began coverage on Aptiv in a report on Friday, April 4th. They set a "hold" rating on the stock. Finally, Robert W. Baird upgraded Aptiv from a "neutral" rating to an "outperform" rating and raised their target price for the stock from $75.00 to $82.00 in a research report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, Aptiv presently has an average rating of "Moderate Buy" and an average price target of $86.61.
Get Our Latest Report on APTV
Aptiv Stock Performance
The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The stock's 50-day simple moving average is $62.76 and its 200-day simple moving average is $62.22. The stock has a market cap of $12.05 billion, a price-to-earnings ratio of 7.64, a price-to-earnings-growth ratio of 0.62 and a beta of 1.64.
Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping 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%. Analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.
Insider Buying and Selling at Aptiv
In other news, SVP Benjamin Lyon sold 14,568 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the transaction, the senior vice president now directly owns 125,237 shares in the company, valued at $8,203,023.50. This trade represents a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.45% of the company's stock.
Hedge Funds Weigh In On Aptiv
A number of institutional investors have recently modified their holdings of APTV. Douglas Lane & Associates LLC boosted its position in Aptiv by 4.3% in the first quarter. Douglas Lane & Associates LLC now owns 1,055,729 shares of the auto parts company's stock worth $62,816,000 after purchasing an additional 43,794 shares during the last quarter. Czech National Bank lifted its stake in Aptiv by 3.4% in the first quarter. Czech National Bank now owns 52,700 shares of the auto parts company's stock valued at $3,136,000 after purchasing an additional 1,739 shares during the last quarter. Parallel Advisors LLC grew its holdings in Aptiv by 78.6% during the first quarter. Parallel Advisors LLC now owns 1,679 shares of the auto parts company's stock valued at $100,000 after purchasing an additional 739 shares during the period. GAMMA Investing LLC lifted its position in shares of Aptiv by 26,568.4% during the 1st quarter. GAMMA Investing LLC now owns 163,744 shares of the auto parts company's stock valued at $97,430,000 after buying an additional 163,130 shares during the last quarter. Finally, Webster Bank N. A. bought a new stake in Aptiv in the 1st quarter valued at about $107,000. 94.21% of the stock is owned by institutional investors and hedge funds.
Aptiv Company Profile
(
Get 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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