Kornitzer Capital Management Inc. KS Purchases 36,825 Shares of Aptiv PLC (NYSE:APTV)

Kornitzer Capital Management Inc. KS raised its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 30.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 158,297 shares of the auto parts company's stock after purchasing an additional 36,825 shares during the period. Kornitzer Capital Management Inc. KS owned approximately 0.07% of Aptiv worth $9,574,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. D.A. Davidson & CO. grew its holdings in shares of Aptiv by 37.4% during the 4th quarter. D.A. Davidson & CO. now owns 23,241 shares of the auto parts company's stock worth $1,406,000 after purchasing an additional 6,329 shares in the last quarter. Sanctuary Advisors LLC grew its stake in Aptiv by 42.3% during the fourth quarter. Sanctuary Advisors LLC now owns 12,760 shares of the auto parts company's stock worth $803,000 after buying an additional 3,796 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. grew its stake in Aptiv by 9.7% during the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 167,175 shares of the auto parts company's stock worth $10,111,000 after buying an additional 14,715 shares in the last quarter. Secured Retirement Advisors LLC increased its holdings in Aptiv by 46.1% in the 4th quarter. Secured Retirement Advisors LLC now owns 20,301 shares of the auto parts company's stock valued at $1,228,000 after buying an additional 6,406 shares during the period. Finally, Banque Pictet & Cie SA raised its position in shares of Aptiv by 91.5% in the 4th quarter. Banque Pictet & Cie SA now owns 115,925 shares of the auto parts company's stock valued at $7,011,000 after buying an additional 55,400 shares in the last quarter. Institutional investors own 94.21% of the company's stock.

Aptiv Trading Down 1.4 %

Aptiv stock traded down $0.97 during trading hours on Friday, reaching $66.65. 3,237,276 shares of the company's stock were exchanged, compared to its average volume of 3,113,985. The firm has a market capitalization of $15.29 billion, a PE ratio of 9.69, a PEG ratio of 0.63 and a beta of 1.74. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. The firm's 50 day simple moving average is $62.02 and its 200 day simple moving average is $64.01. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56.

Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share 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%. Research analysts predict that Aptiv PLC will post 7.2 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on APTV. Hsbc Global Res raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Morgan Stanley decreased their price target on Aptiv from $68.00 to $60.00 and set an "underweight" rating on the stock in a research note on Thursday, November 14th. Argus upgraded Aptiv to a "strong-buy" rating in a research report on Tuesday, February 11th. StockNews.com initiated coverage on Aptiv in a research note on Saturday, February 15th. They set a "hold" rating for the company. Finally, UBS Group upped their price objective on shares of Aptiv from $82.00 to $91.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $85.61.

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.