Aptiv PLC (NYSE:APTV) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC grew its position in Aptiv PLC (NYSE:APTV - Free Report) by 264.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,565 shares of the auto parts company's stock after acquiring an additional 13,471 shares during the period. Intech Investment Management LLC's holdings in Aptiv were worth $1,123,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of APTV. Brown Brothers Harriman & Co. raised its holdings in Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company's stock worth $32,000 after purchasing an additional 409 shares during the period. Picton Mahoney Asset Management acquired a new position in shares of Aptiv during the 4th quarter worth approximately $37,000. Brooklyn Investment Group purchased a new position in shares of Aptiv during the 3rd quarter valued at approximately $43,000. CENTRAL TRUST Co grew its stake in Aptiv by 356.3% in the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock valued at $52,000 after acquiring an additional 677 shares during the period. Finally, Transamerica Financial Advisors Inc. purchased a new stake in Aptiv in the 3rd quarter worth $64,000. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Stock Up 2.1 %

Shares of APTV traded up $1.33 during mid-day trading on Wednesday, hitting $65.82. 3,371,946 shares of the company's stock were exchanged, compared to its average volume of 3,272,800. The stock's 50-day moving average is $63.94 and its 200-day moving average is $63.07. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. Aptiv PLC has a fifty-two week low of $51.47 and a fifty-two week high of $85.56. The company has a market cap of $15.10 billion, a price-to-earnings ratio of 9.57, a P/E/G ratio of 0.62 and a beta of 1.78.

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Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) 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%. On average, sell-side analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the company's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $65.50, for a total transaction of $954,204.00. Following the transaction, the senior vice president now directly owns 125,237 shares in the company, valued at approximately $8,203,023.50. This represents a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.45% of the company's stock.

Analyst Ratings Changes

APTV has been the topic of several research analyst reports. Raymond James reiterated a "market perform" rating on shares of Aptiv in a research report on Monday, February 3rd. Royal Bank of Canada increased their target price on Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Barclays boosted their price target on 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 raised Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, TD Cowen started coverage on shares of Aptiv in a research note on Friday, March 7th. They set a "buy" rating and a $90.00 target price on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $86.61.

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.