Aptiv PLC (NYSE:APTV) Shares Acquired by Centiva Capital LP

Centiva Capital LP increased its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 40.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,804 shares of the auto parts company's stock after purchasing an additional 11,836 shares during the quarter. Centiva Capital LP's holdings in Aptiv were worth $2,938,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Aptiv by 1,390.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company's stock worth $386,103,000 after purchasing an additional 5,002,090 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Aptiv by 15.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 12,861,135 shares of the auto parts company's stock valued at $905,681,000 after buying an additional 1,764,844 shares in the last quarter. FMR LLC raised its stake in Aptiv by 20.4% in the third quarter. FMR LLC now owns 7,648,369 shares of the auto parts company's stock valued at $550,759,000 after buying an additional 1,294,670 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Aptiv by 13.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,515,074 shares of the auto parts company's stock worth $529,212,000 after acquiring an additional 905,431 shares in the last quarter. Finally, Mizuho Securities USA LLC grew its stake in shares of Aptiv by 3,679.1% during the third quarter. Mizuho Securities USA LLC now owns 792,581 shares of the auto parts company's stock worth $57,074,000 after acquiring an additional 771,608 shares during the last quarter. Institutional investors own 94.21% of the company's stock.

Aptiv Price Performance

NYSE APTV traded down $0.21 during mid-day trading on Tuesday, hitting $55.86. The stock had a trading volume of 2,722,288 shares, compared to its average volume of 3,148,867. The firm's 50 day moving average is $63.38 and its 200 day moving average is $69.20. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06. The stock has a market capitalization of $13.13 billion, a price-to-earnings ratio of 6.26, a PEG ratio of 0.56 and a beta of 1.78. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $91.66.

Aptiv (NYSE:APTV - Get Free Report) last released its earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share for the quarter, topping analysts' consensus estimates of $1.68 by $0.15. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. The business had revenue of $4.85 billion for the quarter, compared to analyst estimates of $5.10 billion. During the same period last year, the company posted $1.30 EPS. The business's revenue was down 5.1% on a year-over-year basis. Equities research analysts forecast that Aptiv PLC will post 6.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on APTV shares. TD Cowen lowered their target price on shares of Aptiv from $95.00 to $74.00 and set a "buy" rating for the company in a research note on Friday, November 1st. Barclays lowered their price objective on shares of Aptiv from $100.00 to $80.00 and set an "overweight" rating for the company in a research note on Monday, November 4th. Royal Bank of Canada reduced their target price on Aptiv from $82.00 to $72.00 and set an "outperform" rating for the company in a research note on Friday, November 1st. Morgan Stanley cut their price objective on Aptiv from $68.00 to $60.00 and set an "underweight" rating on the stock in a report on Thursday, November 14th. Finally, JPMorgan Chase & Co. lifted their target price on Aptiv from $107.00 to $113.00 and gave the stock an "overweight" rating in a report on Monday, October 21st. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $85.29.

Aptiv Company 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.