Natixis Advisors LLC Has $3.14 Million Stock Holdings in Aptiv PLC (NYSE:APTV)

Natixis Advisors LLC reduced its position in Aptiv PLC (NYSE:APTV - Free Report) by 17.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,853 shares of the auto parts company's stock after selling 10,969 shares during the period. Natixis Advisors LLC's holdings in Aptiv were worth $3,136,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Brothers Harriman & Co. raised its position in Aptiv by 1,410.3% during the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company's stock valued at $32,000 after acquiring an additional 409 shares in the last quarter. Picton Mahoney Asset Management bought a new position in shares of Aptiv during the 4th quarter valued at $37,000. Brooklyn Investment Group acquired a new stake in shares of Aptiv in the 3rd quarter valued at $43,000. 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 valued at $52,000 after buying an additional 677 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of Aptiv in the third quarter worth about $64,000. 94.21% of the stock is owned by hedge funds and other institutional investors.

Aptiv Price Performance

APTV stock traded up $1.33 during midday trading on Wednesday, reaching $65.82. 3,371,903 shares of the company's stock traded hands, compared to its average volume of 3,525,777. The company has a 50-day simple moving average of $63.94 and a two-hundred day simple moving average of $63.07. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. Aptiv PLC has a 1-year low of $51.47 and a 1-year high of $85.56. The company has a market cap of $15.10 billion, a price-to-earnings ratio of 9.57, a PEG ratio of 0.62 and a beta of 1.78.

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

Analysts Set New Price Targets

APTV has been the topic of a number of recent analyst reports. Robert W. Baird raised Aptiv from a "neutral" rating to an "outperform" rating and raised their price objective for the company from $75.00 to $82.00 in a research note on Monday, January 27th. StockNews.com started coverage on shares of Aptiv in a report on Wednesday, March 19th. They set a "hold" rating for the company. Oppenheimer lifted their target price on shares of Aptiv from $83.00 to $85.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. Royal Bank of Canada upped their price target on shares of Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Finally, Piper Sandler increased their target price on Aptiv from $65.00 to $67.00 and gave the company a "neutral" rating in a research note on Thursday, March 20th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $86.61.

Insider Buying and Selling

In other news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction 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 approximately $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 accessible through this hyperlink. 0.45% of the stock is currently owned by corporate insiders.

Aptiv Company 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.