Aptiv PLC (NYSE:APTV) Shares Sold by National Bank of Canada FI

National Bank of Canada FI decreased its stake in Aptiv PLC (NYSE:APTV - Free Report) by 30.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 146,877 shares of the auto parts company's stock after selling 64,753 shares during the period. National Bank of Canada FI owned approximately 0.06% of Aptiv worth $8,889,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Picton Mahoney Asset Management acquired a new stake in shares of Aptiv during the 4th quarter valued at approximately $37,000. CENTRAL TRUST Co raised its holdings in Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock worth $52,000 after purchasing an additional 677 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in Aptiv by 163.1% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,847 shares of the auto parts company's stock worth $110,000 after purchasing an additional 1,145 shares in the last quarter. SRS Capital Advisors Inc. grew its holdings in 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 purchasing an additional 918 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Aptiv in the fourth quarter valued at $204,000. Hedge funds and other institutional investors own 94.21% of the company's stock.

Aptiv Stock Down 9.4 %

APTV stock traded down $5.10 during trading on Thursday, reaching $49.32. The stock had a trading volume of 1,311,475 shares, compared to its average volume of 3,471,542. The firm has a fifty day moving average price of $62.43 and a 200 day moving average price of $62.05. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $11.32 billion, a P/E ratio of 7.18, a PEG ratio of 0.62 and a beta of 1.64. Aptiv PLC has a 1-year low of $47.78 and a 1-year high of $85.56.

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

Wall Street Analysts Forecast Growth

APTV has been the topic of a number of research reports. Wells Fargo & Company increased their price objective on shares of Aptiv from $76.00 to $86.00 and gave the company an "overweight" rating in a research note on Friday, February 7th. Royal Bank of Canada increased their price target on shares of Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a research report on Friday, February 7th. Baird R W upgraded Aptiv from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 27th. Hsbc Global Res upgraded Aptiv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Finally, StockNews.com began coverage on Aptiv in a report on Friday, April 4th. They issued a "hold" rating for the company. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $84.78.

Insider Activity 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 stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the transaction, the senior vice president now 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 SEC, which is available at the SEC website. 0.45% of the stock is currently owned by corporate insiders.

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.