Aptiv PLC (NYSE:APTV) Given Consensus Rating of "Moderate Buy" by Analysts

Aptiv PLC (NYSE:APTV - Get Free Report) has received an average recommendation of "Moderate Buy" from the twenty-four analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, sixteen have issued a buy rating and three have assigned a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $86.61.

Several research firms have recently issued reports on APTV. Raymond James reissued a "market perform" rating on shares of Aptiv in a research report on Monday, February 3rd. Evercore ISI dropped their target price on Aptiv from $105.00 to $95.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Wells Fargo & Company raised their price target on Aptiv from $76.00 to $86.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. Oppenheimer boosted their price objective on Aptiv from $83.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Finally, Baird R W raised Aptiv from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th.

Insiders Place Their Bets

In other news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the transaction, the senior vice president now owns 125,237 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.45% of the company's stock.

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Institutional Investors Weigh In On Aptiv

Institutional investors have recently bought and sold shares of the stock. Picton Mahoney Asset Management purchased a new stake in shares of Aptiv during the fourth quarter valued at approximately $37,000. Versant Capital Management Inc increased its position in shares of Aptiv by 201.7% in the first quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company's stock valued at $42,000 after acquiring an additional 470 shares during the period. CENTRAL TRUST Co raised its stake in shares of Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock valued at $52,000 after acquiring an additional 677 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Aptiv by 164.7% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,363 shares of the auto parts company's stock worth $81,000 after purchasing an additional 848 shares during the period. Finally, GeoWealth Management LLC grew its stake in shares of Aptiv by 203.2% in the fourth quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company's stock worth $92,000 after purchasing an additional 1,022 shares during the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Stock Performance

APTV stock traded up $5.05 during mid-day trading on Friday, hitting $54.41. The company had a trading volume of 7,430,370 shares, compared to its average volume of 3,479,605. 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 firm has a market cap of $12.48 billion, a PE ratio of 7.91, a price-to-earnings-growth ratio of 0.62 and a beta of 1.64. Aptiv has a 12 month low of $47.61 and a 12 month high of $85.56. The stock's fifty day moving average price is $62.43 and its two-hundred day moving average price is $62.05.

Aptiv (NYSE:APTV - Get Free Report) last posted 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 net margin of 9.07% and a return on equity of 15.63%. On average, analysts forecast that Aptiv will post 7.2 earnings per share for the current fiscal year.

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.