Mirabella Financial Services LLP Increases Stock Holdings in Aptiv PLC (NYSE:APTV)

Mirabella Financial Services LLP increased its holdings in shares of Aptiv PLC (NYSE:APTV - Free Report) by 184.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 37,650 shares of the auto parts company's stock after buying an additional 24,432 shares during the quarter. Mirabella Financial Services LLP's holdings in Aptiv were worth $2,711,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Advisors Asset Management Inc. lifted its holdings in shares of Aptiv by 54.5% during the first quarter. Advisors Asset Management Inc. now owns 9,469 shares of the auto parts company's stock worth $754,000 after purchasing an additional 3,342 shares during the period. BOKF NA increased its stake in shares of Aptiv by 2,941.7% in the first quarter. BOKF NA now owns 730 shares of the auto parts company's stock valued at $58,000 after buying an additional 706 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Aptiv by 8.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,750,233 shares of the auto parts company's stock worth $139,407,000 after acquiring an additional 131,148 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Aptiv by 7.6% in the first quarter. Janus Henderson Group PLC now owns 1,982,469 shares of the auto parts company's stock worth $157,827,000 after acquiring an additional 139,859 shares during the period. Finally, Dynasty Wealth Management LLC bought a new stake in Aptiv in the first quarter valued at approximately $359,000. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Stock Up 5.0 %

APTV traded up $2.73 on Monday, hitting $57.11. The company had a trading volume of 6,419,632 shares, compared to its average volume of 3,154,302. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50. The stock has a market capitalization of $13.42 billion, a price-to-earnings ratio of 6.37, a P/E/G ratio of 0.55 and a beta of 1.81. Aptiv PLC has a 12-month low of $51.47 and a 12-month high of $91.66. The stock has a fifty day moving average price of $65.09 and a 200-day moving average price of $70.34.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on APTV. JPMorgan Chase & Co. lifted their target price on shares of Aptiv from $107.00 to $113.00 and gave the stock an "overweight" rating in a research note on Monday, October 21st. Guggenheim lowered their price objective on Aptiv from $87.00 to $73.00 and set a "buy" rating for the company in a research report on Thursday. StockNews.com started coverage on Aptiv in a research report on Tuesday, November 19th. They set a "hold" rating on the stock. TD Cowen dropped their target price on shares of Aptiv from $95.00 to $74.00 and set a "buy" rating on the stock in a research report on Friday, November 1st. Finally, Robert W. Baird cut their price objective on shares of Aptiv from $85.00 to $65.00 and set a "neutral" rating on the stock in a research 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 stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $85.29.

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.