Thrivent Financial for Lutherans lowered its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 765,878 shares of the auto parts company's stock after selling 28,419 shares during the period. Thrivent Financial for Lutherans owned about 0.33% of Aptiv worth $46,321,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. increased its position in shares of Aptiv by 1,410.3% in the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company's stock valued at $32,000 after buying an additional 409 shares in the last quarter. Picton Mahoney Asset Management acquired a new stake in shares of Aptiv during the fourth quarter worth $37,000. Brooklyn Investment Group acquired a new position in Aptiv in the third quarter valued at $43,000. CENTRAL TRUST Co lifted its position in 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 buying an additional 677 shares during the period. Finally, Transamerica Financial Advisors Inc. acquired a new stake in Aptiv in the 3rd quarter worth about $64,000. 94.21% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Argus raised shares of Aptiv to a "strong-buy" rating in a research report on Tuesday, February 11th. StockNews.com initiated coverage on Aptiv in a report on Wednesday, March 19th. They set a "hold" rating for the company. UBS Group lifted their target price on Aptiv from $82.00 to $91.00 and gave the company a "buy" rating in a report on Friday, February 7th. Barclays upped their price target on Aptiv from $75.00 to $80.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Finally, Robert W. Baird raised Aptiv from a "neutral" rating to an "outperform" rating and lifted their price objective for the company from $75.00 to $82.00 in a research note on Monday, January 27th. One research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, Aptiv presently has a consensus rating of "Moderate Buy" and a consensus price target of $86.61.
View Our Latest Stock Report on APTV
Insider Buying and Selling at Aptiv
In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction on Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.45% of the stock is currently owned by company insiders.
Aptiv Stock Performance
Shares of NYSE APTV traded up $1.38 during trading on Monday, reaching $63.83. The stock had a trading volume of 3,766,152 shares, compared to its average volume of 3,272,792. 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 stock has a market cap of $14.65 billion, a PE ratio of 9.28, a P/E/G ratio of 0.62 and a beta of 1.78. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56. The firm's 50 day moving average price is $63.82 and its two-hundred day moving average price is $63.15.
Aptiv (NYSE:APTV - Get Free Report) last released its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. On average, research analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.
Aptiv Company Profile
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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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