HighTower Advisors LLC Has $997,000 Stock Holdings in Aptiv PLC (NYSE:APTV)

HighTower Advisors LLC lessened its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 63.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,086 shares of the auto parts company's stock after selling 24,783 shares during the period. HighTower Advisors LLC's holdings in Aptiv were worth $997,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of APTV. Massachusetts Financial Services Co. MA lifted its position in Aptiv by 15.9% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 12,861,135 shares of the auto parts company's stock worth $905,681,000 after buying an additional 1,764,844 shares in the last quarter. FMR LLC raised its holdings in shares of Aptiv by 20.4% during the third 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. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Aptiv by 13.7% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,515,074 shares of the auto parts company's stock valued at $529,212,000 after purchasing an additional 905,431 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Aptiv by 1,390.6% in 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 valued at $386,103,000 after purchasing an additional 5,002,090 shares in the last quarter. Finally, Mirova US LLC increased its position in Aptiv by 1.8% in the 2nd quarter. Mirova US LLC now owns 2,667,362 shares of the auto parts company's stock worth $187,836,000 after purchasing an additional 48,393 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company's stock.

Aptiv Trading Down 2.1 %

NYSE APTV traded down $1.21 during trading hours on Wednesday, hitting $56.65. The company's stock had a trading volume of 3,994,992 shares, compared to its average volume of 3,185,424. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $91.66. The firm has a market capitalization of $13.31 billion, a P/E ratio of 6.32, a PEG ratio of 0.59 and a beta of 1.78. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91. The stock has a fifty day moving average of $60.12 and a 200 day moving average of $67.23.

Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.68 by $0.15. The firm had revenue of $4.85 billion for the quarter, compared to analysts' expectations of $5.10 billion. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The company's revenue was down 5.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.30 earnings per share. Equities research analysts forecast that Aptiv PLC will post 6.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on APTV. Guggenheim reissued a "buy" rating and set a $73.00 target price on shares of Aptiv in a research report on Thursday, December 5th. Bank of America lowered their price objective on Aptiv from $105.00 to $102.00 and set a "buy" rating on the stock in a report on Monday, October 14th. Wolfe Research initiated coverage on Aptiv in a research report on Thursday, September 5th. They set an "outperform" rating and a $89.00 target price for the company. Morgan Stanley dropped their price target on shares of Aptiv from $68.00 to $60.00 and set an "underweight" rating on the stock in a research report on Thursday, November 14th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Aptiv from $76.00 to $66.00 and set a "hold" rating for the company in a report on Friday, November 1st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $84.29.

Aptiv 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.