Aptiv PLC (NYSE:APTV) Stock Holdings Decreased by First National Trust Co

First National Trust Co decreased its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 73.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,783 shares of the auto parts company's stock after selling 21,818 shares during the period. First National Trust Co's holdings in Aptiv were worth $471,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in APTV. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Aptiv in the 4th quarter valued at approximately $6,597,000. HighTower Advisors LLC raised its holdings in Aptiv by 4.1% in the fourth quarter. HighTower Advisors LLC now owns 14,663 shares of the auto parts company's stock valued at $887,000 after acquiring an additional 577 shares in the last quarter. Marathon Trading Investment Management LLC bought a new position in Aptiv during the 4th quarter valued at $1,289,000. Personal CFO Solutions LLC bought a new position in Aptiv during the 4th quarter valued at $677,000. Finally, Generali Investments CEE investicni spolecnost a.s. acquired a new position in Aptiv during the 4th quarter worth $204,000. Institutional investors and hedge funds own 94.21% of the company's stock.

Aptiv Stock Performance

Shares of NYSE:APTV traded down $0.24 on Thursday, hitting $62.49. The company's stock had a trading volume of 2,683,646 shares, compared to its average volume of 3,237,248. Aptiv PLC has a 12 month low of $51.47 and a 12 month high of $85.56. The stock's 50-day moving average is $63.72 and its two-hundred day moving average is $63.31. 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 company has a market capitalization of $14.34 billion, a price-to-earnings ratio of 9.08, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78.

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Aptiv (NYSE:APTV - Get Free Report) last announced its earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, equities research analysts forecast that Aptiv PLC will post 7.2 EPS for the current year.

Insider Buying and Selling

In other news, SVP Benjamin Lyon sold 14,568 shares of the 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 owns 125,237 shares in the company, valued at approximately $8,203,023.50. This represents a 10.42 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.34% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on APTV shares. TD Cowen assumed coverage on shares of Aptiv in a research report on Friday, March 7th. They set a "buy" rating and a $90.00 price target on the stock. HSBC raised Aptiv from a "hold" rating to a "buy" rating and increased their target price for the stock from $63.00 to $77.00 in a report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft upgraded Aptiv from a "hold" rating to a "buy" rating and set a $78.00 price target for the company in a report on Friday, February 7th. Oppenheimer raised their price objective on Aptiv from $83.00 to $85.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. Finally, Piper Sandler boosted their target price on shares of Aptiv from $65.00 to $67.00 and gave the company a "neutral" rating in a research note on Thursday. One analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average 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.