Aptiv (NYSE:APTV) Given Neutral Rating at UBS Group

UBS Group reaffirmed their neutral rating on shares of Aptiv (NYSE:APTV - Free Report) in a report published on Thursday, Marketbeat reports. UBS Group currently has a $58.00 price target on the auto parts company's stock, down from their prior price target of $91.00.

Several other research analysts also recently commented on the company. Barclays raised their price objective on Aptiv from $75.00 to $80.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. Evercore ISI lowered their target price on Aptiv from $105.00 to $95.00 and set an "outperform" rating for the company in a report on Monday, February 10th. StockNews.com initiated coverage on Aptiv in a research note on Friday, April 4th. They set a "hold" rating for the company. Royal Bank of Canada lifted their target price on Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Finally, Piper Sandler increased their price target on shares of Aptiv from $65.00 to $67.00 and gave the company a "neutral" rating in a research report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Aptiv currently has an average rating of "Moderate Buy" and an average target price of $82.44.

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Aptiv Trading Down 0.8 %

NYSE APTV traded down $0.39 during trading on Thursday, hitting $49.71. The stock had a trading volume of 867,216 shares, compared to its average volume of 3,512,520. The stock has a market capitalization of $11.41 billion, a price-to-earnings ratio of 7.23, a P/E/G ratio of 0.62 and a beta of 1.64. The stock has a 50 day simple moving average of $61.72 and a 200 day simple moving average of $61.49. Aptiv has a one year low of $47.19 and a one year high of $85.56. 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 (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, 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%. Sell-side analysts predict that Aptiv will post 7.2 earnings per share for the current year.

Insider Buying and Selling

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction dated 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 directly owns 125,237 shares of the company's stock, valued at approximately $8,203,023.50. This trade represents a 10.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.45% of the stock is currently owned by corporate insiders.

Institutional Trading of Aptiv

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC purchased a new position in shares of Aptiv during the 3rd quarter valued at approximately $234,000. Quantinno Capital Management LP increased its holdings in Aptiv by 141.5% in the third quarter. Quantinno Capital Management LP now owns 14,350 shares of the auto parts company's stock valued at $1,033,000 after buying an additional 8,407 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Aptiv by 1.5% in the third quarter. Wellington Management Group LLP now owns 539,042 shares of the auto parts company's stock worth $38,816,000 after acquiring an additional 7,908 shares during the period. EP Wealth Advisors LLC purchased a new stake in shares of Aptiv during the 3rd quarter worth about $537,000. Finally, Virtu Financial LLC acquired a new stake in shares of Aptiv during the 3rd quarter valued at about $783,000. 94.21% of the stock is owned by institutional investors and hedge funds.

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.