Aster Capital Management DIFC Ltd Has $720,000 Position in Aptiv PLC (NYSE:APTV)

Aster Capital Management DIFC Ltd decreased its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 30.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,908 shares of the auto parts company's stock after selling 5,253 shares during the period. Aster Capital Management DIFC Ltd's holdings in Aptiv were worth $720,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Boston Common Asset Management LLC lifted its stake in shares of Aptiv by 4.8% during the fourth quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company's stock valued at $249,000 after acquiring an additional 188 shares during the period. Horizon Investments LLC grew its position in shares of Aptiv by 6.1% during the 4th quarter. Horizon Investments LLC now owns 3,825 shares of the auto parts company's stock worth $231,000 after buying an additional 219 shares during the period. Insigneo Advisory Services LLC lifted its holdings in Aptiv by 5.7% in the third quarter. Insigneo Advisory Services LLC now owns 6,205 shares of the auto parts company's stock valued at $447,000 after buying an additional 337 shares during the period. Westpac Banking Corp boosted its holdings in Aptiv by 21.9% during the fourth quarter. Westpac Banking Corp now owns 1,900 shares of the auto parts company's stock worth $115,000 after buying an additional 341 shares during the last quarter. Finally, Providence Capital Advisors LLC grew its holdings in Aptiv by 0.4% during the fourth quarter. Providence Capital Advisors LLC now owns 87,479 shares of the auto parts company's stock valued at $5,291,000 after purchasing an additional 364 shares during the period. 94.21% of the stock is currently owned by institutional investors and hedge funds.

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Aptiv Price Performance

Shares of NYSE APTV traded down $1.53 during midday trading on Friday, reaching $47.89. The company's stock had a trading volume of 1,721,709 shares, compared to its average volume of 3,489,105. The company has a market cap of $10.99 billion, a P/E ratio of 6.94, a P/E/G ratio of 0.62 and a beta of 1.64. Aptiv PLC has a fifty-two week low of $47.20 and a fifty-two week 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. The business's 50 day moving average price is $62.21 and its two-hundred day moving average price is $61.89.

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 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, analysts forecast that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Insiders Place Their Bets

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the company's 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 completion of the sale, the senior vice president now directly owns 125,237 shares in the company, valued at $8,203,023.50. This represents a 10.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.45% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on APTV. TD Cowen assumed coverage on shares of Aptiv in a research report on Friday, March 7th. They issued a "buy" rating and a $90.00 price objective for the company. Baird R W upgraded Aptiv from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. Argus raised Aptiv to a "strong-buy" rating in a research note on Tuesday, February 11th. Oppenheimer lifted their price target on shares of Aptiv from $83.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Finally, StockNews.com started coverage on shares of Aptiv in a research report on Friday, April 4th. They set a "hold" rating for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, Aptiv has an average rating of "Moderate Buy" and an average target price of $84.78.

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.