Hotchkis & Wiley Capital Management LLC Has $179.19 Million Holdings in Aptiv PLC (NYSE:APTV)

Hotchkis & Wiley Capital Management LLC grew its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 18.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,488,395 shares of the auto parts company's stock after buying an additional 388,045 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 1.06% of Aptiv worth $179,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Aptiv by 1,390.6% during the 3rd 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 purchasing an additional 5,002,090 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Aptiv by 15.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 12,861,135 shares of the auto parts company's stock worth $905,681,000 after acquiring an additional 1,764,844 shares during the period. FMR LLC boosted its holdings in Aptiv by 20.4% in the 3rd quarter. FMR LLC now owns 7,648,369 shares of the auto parts company's stock valued at $550,759,000 after purchasing an additional 1,294,670 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Aptiv by 13.7% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,515,074 shares of the auto parts company's stock worth $529,212,000 after purchasing an additional 905,431 shares during the period. Finally, Holocene Advisors LP bought a new stake in shares of Aptiv in the third quarter valued at about $56,159,000. Institutional investors and hedge funds own 94.21% of the company's stock.

Aptiv Price Performance

Shares of APTV traded down $0.36 during trading hours on Tuesday, hitting $55.71. 4,278,141 shares of the company were exchanged, compared to its average volume of 4,072,827. The company has a market cap of $13.09 billion, a price-to-earnings ratio of 6.22, a P/E/G ratio of 0.57 and a beta of 1.78. The firm's fifty day moving average is $63.38 and its 200 day moving average is $69.20. Aptiv PLC has a fifty-two week low of $51.47 and a fifty-two week high of $91.66. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91.

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 for the quarter, beating analysts' consensus estimates of $1.68 by $0.15. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The firm had revenue of $4.85 billion for the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter last year, the business posted $1.30 EPS. The company's revenue was down 5.1% compared to the same quarter last year. On average, equities analysts anticipate that Aptiv PLC will post 6.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on APTV shares. Barclays cut their target price on Aptiv from $100.00 to $80.00 and set an "overweight" rating for the company in a research report on Monday, November 4th. Wolfe Research began coverage on shares of Aptiv in a report on Thursday, September 5th. They set an "outperform" rating and a $89.00 price objective for the company. StockNews.com started coverage on Aptiv in a report on Wednesday, November 27th. They set a "hold" rating for the company. Bank of America cut their price objective on shares of Aptiv from $105.00 to $102.00 and set a "buy" rating on the stock in a report on Monday, October 14th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price 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 analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, Aptiv presently has an average rating of "Moderate Buy" and an average price target of $85.29.

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.