Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 58.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 100,458 shares of the auto parts company's stock after purchasing an additional 36,919 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich's holdings in Aptiv were worth $6,295,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Aptiv by 1,390.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company's stock worth $386,103,000 after acquiring an additional 5,002,090 shares in the last quarter. Harris Associates L P bought a new position in Aptiv during the 3rd quarter valued at $162,640,000. Point72 Asset Management L.P. purchased a new position in Aptiv during the 3rd quarter worth $143,909,000. FMR LLC grew its stake in shares of Aptiv by 20.4% in the 3rd quarter. FMR LLC now owns 7,648,369 shares of the auto parts company's stock worth $550,759,000 after acquiring an additional 1,294,670 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Aptiv by 29.9% in the third quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company's stock valued at $336,861,000 after purchasing an additional 1,090,766 shares during the last quarter. Institutional investors own 94.21% of the company's stock.
Aptiv Price Performance
NYSE APTV traded down $1.54 during trading on Thursday, reaching $62.22. The company's stock had a trading volume of 3,947,030 shares, compared to its average volume of 3,440,773. The firm has a fifty day moving average of $63.55 and a 200 day moving average of $63.60. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56. The stock has a market capitalization of $14.28 billion, a PE ratio of 9.04, a P/E/G ratio of 0.62 and a beta of 1.78. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07.
Aptiv (NYSE:APTV - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping 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%. Analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on APTV. Argus raised shares of Aptiv to a "strong-buy" rating in a research report on Tuesday, February 11th. StockNews.com began coverage on Aptiv in a report on Tuesday. They issued a "hold" rating for the company. TD Cowen started coverage on Aptiv in a report on Friday, March 7th. They set a "buy" rating and a $90.00 price target on the stock. Raymond James restated a "market perform" rating on shares of Aptiv in a research note on Monday, February 3rd. Finally, Hsbc Global Res upgraded Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. One research 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 company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $86.50.
Check Out Our Latest Stock Report on Aptiv
Insider Transactions at Aptiv
In related news, SVP Benjamin Lyon sold 14,568 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the sale, the senior vice president now owns 125,237 shares in the company, valued at $8,203,023.50. The trade was a 10.42 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.34% of the stock is currently owned by insiders.
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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