14,560 Shares in Aptiv PLC (NYSE:APTV) Acquired by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR acquired a new stake in shares of Aptiv PLC (NYSE:APTV - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 14,560 shares of the auto parts company's stock, valued at approximately $881,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Brown Brothers Harriman & Co. increased its position 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 valued at $32,000 after acquiring an additional 409 shares during the period. Picton Mahoney Asset Management acquired a new stake in Aptiv in the fourth quarter valued at $37,000. Brooklyn Investment Group bought a new position in Aptiv during the 3rd quarter worth $43,000. CENTRAL TRUST Co lifted its holdings in Aptiv by 356.3% during the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock worth $52,000 after buying an additional 677 shares during the period. Finally, Transamerica Financial Advisors Inc. acquired a new position in Aptiv during the 3rd quarter worth about $64,000. Institutional investors own 94.21% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. 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. Deutsche Bank Aktiengesellschaft upgraded Aptiv from a "hold" rating to a "buy" rating and set a $78.00 price objective for the company in a report on Friday, February 7th. StockNews.com assumed coverage on Aptiv in a report on Wednesday, March 19th. They issued a "hold" rating on the stock. Evercore ISI dropped their price target on shares of Aptiv from $105.00 to $95.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Finally, Guggenheim reissued a "buy" rating and set a $73.00 price objective on shares of Aptiv in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $86.61.

Remove Ads

Insider Activity at Aptiv

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 value 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 represents a 10.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.45% of the stock is owned by corporate insiders.

Aptiv Stock Up 0.9 %

Aptiv stock traded up $0.56 on Tuesday, hitting $64.47. 2,078,526 shares of the stock traded hands, compared to its average volume of 3,272,473. Aptiv PLC has a 1 year low of $51.47 and a 1 year high of $85.56. The firm has a market cap of $14.79 billion, a P/E ratio of 9.37, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The business's fifty day simple moving average is $63.88 and its 200 day simple moving average is $63.10.

Aptiv (NYSE:APTV - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. As a group, sell-side analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.

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.