Robocap Asset Management Ltd increased its position in Aptiv PLC (NYSE:APTV - Free Report) by 27.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,611 shares of the auto parts company's stock after acquiring an additional 7,034 shares during the period. Aptiv makes up about 1.3% of Robocap Asset Management Ltd's portfolio, making the stock its 24th biggest holding. Robocap Asset Management Ltd's holdings in Aptiv were worth $1,972,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APTV. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Aptiv by 6.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 767,430 shares of the auto parts company's stock valued at $46,414,000 after acquiring an additional 44,468 shares during the last quarter. Tectonic Advisors LLC boosted its holdings in Aptiv by 5.7% in the fourth quarter. Tectonic Advisors LLC now owns 17,099 shares of the auto parts company's stock valued at $1,034,000 after purchasing an additional 915 shares during the last quarter. Money Concepts Capital Corp purchased a new stake in Aptiv in the fourth quarter valued at $521,000. Mirae Asset Global Investments Co. Ltd. grew its position in Aptiv by 9.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 38,847 shares of the auto parts company's stock worth $2,343,000 after purchasing an additional 3,426 shares during the period. Finally, Stratos Wealth Partners LTD. raised its stake in shares of Aptiv by 50.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 6,481 shares of the auto parts company's stock valued at $392,000 after buying an additional 2,174 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.
Aptiv Stock Up 1.3 %
NYSE:APTV traded up $0.82 during trading hours on Wednesday, hitting $65.48. The company's stock had a trading volume of 2,590,693 shares, compared to its average volume of 3,405,941. Aptiv PLC has a 52-week low of $51.47 and a 52-week high of $85.56. The company has a current ratio of 1.53, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $15.39 billion, a P/E ratio of 9.52, a price-to-earnings-growth ratio of 0.54 and a beta of 1.74. The stock has a fifty day moving average of $60.57 and a 200-day moving average of $64.09.
Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, beating 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%. On average, equities analysts forecast that Aptiv PLC will post 7.14 earnings per share for the current year.
Analyst Upgrades and Downgrades
APTV has been the subject of several recent research reports. Baird R W raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. TD Cowen dropped their price target on shares of Aptiv from $95.00 to $74.00 and set a "buy" rating on the stock in a research report on Friday, November 1st. Barclays upped their price objective on shares of Aptiv from $75.00 to $80.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. Hsbc Global Res upgraded Aptiv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. Finally, Evercore ISI reduced their price target on Aptiv from $105.00 to $95.00 and set an "outperform" rating for the company in a report on Monday. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $85.61.
Check Out Our Latest Analysis on Aptiv
About Aptiv
(
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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