Mitsubishi UFJ Trust & Banking Corp Has $7.99 Million Position in Aptiv PLC (NYSE:APTV)

Mitsubishi UFJ Trust & Banking Corp decreased its position in Aptiv PLC (NYSE:APTV - Free Report) by 7.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 132,095 shares of the auto parts company's stock after selling 10,644 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.06% of Aptiv worth $7,989,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in APTV. Picton Mahoney Asset Management bought a new position in Aptiv during the 4th quarter worth about $37,000. Brooklyn Investment Group acquired a new position in shares of Aptiv during the 3rd quarter worth about $43,000. CENTRAL TRUST Co grew its holdings in shares of Aptiv by 356.3% in the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock valued at $52,000 after acquiring an additional 677 shares in the last quarter. SRS Capital Advisors Inc. increased its position in shares of Aptiv by 93.1% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,904 shares of the auto parts company's stock valued at $115,000 after acquiring an additional 918 shares during the last quarter. Finally, World Investment Advisors LLC bought a new stake in Aptiv during the third quarter worth about $212,000. Institutional investors and hedge funds own 94.21% of the company's stock.

Insider Transactions at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the sale, the senior vice president now owns 125,237 shares of the company's stock, valued at approximately $8,203,023.50. This represents a 10.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.45% of the stock is owned by company insiders.

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Aptiv Price Performance

Shares of NYSE APTV traded down $5.06 during mid-day trading on Thursday, hitting $55.72. 514,680 shares of the stock traded hands, compared to its average volume of 3,412,314. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56. The firm has a 50 day simple moving average of $63.92 and a two-hundred day simple moving average of $62.85. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The company has a market cap of $12.78 billion, a PE ratio of 8.10, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78.

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

Analyst Ratings Changes

APTV has been the subject of several research reports. Royal Bank of Canada raised their price target on Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Baird R W raised Aptiv from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. TD Cowen started coverage on shares of Aptiv in a research report on Friday, March 7th. They issued a "buy" rating and a $90.00 target price for the company. Wells Fargo & Company raised their price target on shares of Aptiv from $76.00 to $86.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. Finally, Piper Sandler boosted their price objective on shares of Aptiv from $65.00 to $67.00 and gave the company a "neutral" rating in a report on Thursday, March 20th. 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, Aptiv has an average rating of "Moderate Buy" and an average target price of $86.61.

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.