Marathon Trading Investment Management LLC Buys Shares of 21,311 Aptiv PLC (NYSE:APTV)

Marathon Trading Investment Management LLC bought a new position in shares of Aptiv PLC (NYSE:APTV - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 21,311 shares of the auto parts company's stock, valued at approximately $1,289,000.

A number of other large investors have also made changes to their positions in the stock. FMR LLC increased its position in 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 purchasing an additional 1,294,670 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Aptiv by 1,390.6% in 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 valued at $386,103,000 after purchasing an additional 5,002,090 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Aptiv by 29.9% during the 3rd 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 during the period. Victory Capital Management Inc. increased its position in shares of Aptiv by 6.1% during the 4th quarter. Victory Capital Management Inc. now owns 3,882,254 shares of the auto parts company's stock worth $234,799,000 after purchasing an additional 223,831 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in Aptiv by 19.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,854,301 shares of the auto parts company's stock valued at $172,117,000 after buying an additional 468,069 shares during the period. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Buying and Selling at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the senior vice president now directly owns 125,237 shares of the company's stock, valued at $8,203,023.50. This trade represents a 10.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.34% of the stock is currently owned by insiders.

Aptiv Stock Up 1.8 %

NYSE APTV traded up $1.11 during trading on Friday, reaching $63.28. 3,780,444 shares of the company's stock were exchanged, compared to its average volume of 3,227,311. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. Aptiv PLC has a 1 year low of $51.47 and a 1 year high of $85.56. The stock has a market cap of $14.52 billion, a P/E ratio of 9.20, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. The company has a 50 day moving average price of $63.59 and a two-hundred day moving average price of $63.59.

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on APTV. Deutsche Bank Aktiengesellschaft upgraded shares of Aptiv from a "hold" rating to a "buy" rating and set a $78.00 price target for the company in a research report on Friday, February 7th. Baird R W upgraded shares of Aptiv from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. Robert W. Baird upgraded Aptiv from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $75.00 to $82.00 in a research note on Monday, January 27th. Guggenheim reaffirmed a "buy" rating and issued a $73.00 price objective on shares of Aptiv in a research note on Thursday, December 5th. Finally, Wells Fargo & Company increased their target price on Aptiv from $76.00 to $86.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. 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 given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $86.50.

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.