Tower Research Capital LLC TRC Has $902,000 Stake in Aptiv PLC (NYSE:APTV)

Tower Research Capital LLC TRC lifted its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 82.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,916 shares of the auto parts company's stock after purchasing an additional 6,745 shares during the quarter. Tower Research Capital LLC TRC's holdings in Aptiv were worth $902,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Picton Mahoney Asset Management bought a new stake in shares of Aptiv in the 4th quarter worth approximately $37,000. CENTRAL TRUST Co raised its position 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 worth $52,000 after purchasing an additional 677 shares during the period. GeoWealth Management LLC lifted its holdings in shares of Aptiv by 203.2% during the fourth quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company's stock valued at $92,000 after purchasing an additional 1,022 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of Aptiv by 163.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,847 shares of the auto parts company's stock valued at $110,000 after purchasing an additional 1,145 shares during the period. Finally, Covestor Ltd increased its stake in Aptiv by 11.4% in the 4th quarter. Covestor Ltd now owns 1,819 shares of the auto parts company's stock worth $110,000 after purchasing an additional 186 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company's stock.

Insider Activity

In related news, SVP Benjamin Lyon sold 14,568 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the sale, the senior vice president now owns 125,237 shares of the company's stock, valued at $8,203,023.50. The trade was a 10.42 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.45% of the stock is owned by company insiders.

Aptiv Stock Performance

NYSE APTV traded up $1.45 during midday trading on Tuesday, hitting $57.73. The company had a trading volume of 1,864,444 shares, compared to its average volume of 3,530,333. The firm has a fifty day simple moving average of $59.19 and a two-hundred day simple moving average of $60.26. The stock has a market cap of $13.25 billion, a price-to-earnings ratio of 8.39, a P/E/G ratio of 0.62 and a beta of 1.64. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $85.56.

Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. Equities analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on APTV. Hsbc Global Res upgraded shares of Aptiv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Oppenheimer lifted their price objective on shares of Aptiv from $83.00 to $85.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Baird R W upgraded Aptiv from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. Piper Sandler upped their price target on Aptiv from $65.00 to $67.00 and gave the company a "neutral" rating in a research report on Thursday, March 20th. Finally, Argus upgraded Aptiv to a "strong-buy" rating in a research report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $81.94.

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.