Aptiv PLC (NYSE:APTV) Shares Purchased by Inspire Trust Co. N.A.

Inspire Trust Co. N.A. raised its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 48.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,000 shares of the auto parts company's stock after purchasing an additional 9,075 shares during the quarter. Inspire Trust Co. N.A.'s holdings in Aptiv were worth $2,016,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Massachusetts Financial Services Co. MA increased its stake 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 valued at $905,681,000 after buying an additional 1,764,844 shares during the period. FMR LLC boosted its holdings in shares of Aptiv by 20.4% in the third quarter. FMR LLC now owns 7,648,369 shares of the auto parts company's stock valued at $550,759,000 after acquiring an additional 1,294,670 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of 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 worth $529,212,000 after acquiring an additional 905,431 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake 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 during the period. Finally, Franklin Resources Inc. raised its holdings in Aptiv by 29.9% during the third quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company's stock worth $336,861,000 after purchasing an additional 1,090,766 shares in the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Price Performance

Shares of Aptiv stock traded down $0.57 during trading on Friday, hitting $57.97. 3,350,666 shares of the company were exchanged, compared to its average volume of 3,168,490. 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. The firm has a 50 day moving average price of $61.14 and a 200 day moving average price of $68.02. The stock has a market capitalization of $13.63 billion, a price-to-earnings ratio of 6.54, a P/E/G ratio of 0.59 and a beta of 1.78.

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

Analyst Upgrades and Downgrades

APTV has been the topic of several recent analyst reports. Wolfe Research started coverage on Aptiv in a research report on Thursday, September 5th. They set an "outperform" rating and a $89.00 target price on the stock. Nomura Securities raised Aptiv from a "strong sell" rating to a "hold" rating in a report on Monday, August 19th. Robert W. Baird cut their price objective on Aptiv from $85.00 to $65.00 and set a "neutral" rating for the company in a research report on Friday, November 1st. Wells Fargo & Company upgraded shares of Aptiv from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $78.00 to $87.00 in a research report on Friday, September 20th. Finally, Royal Bank of Canada lowered their price target on shares of Aptiv from $82.00 to $72.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price 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.