OLD National Bancorp IN Has $2.48 Million Stock Position in Aptiv PLC (NYSE:APTV)

OLD National Bancorp IN decreased its position in Aptiv PLC (NYSE:APTV - Free Report) by 48.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 40,939 shares of the auto parts company's stock after selling 38,549 shares during the period. OLD National Bancorp IN's holdings in Aptiv were worth $2,476,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. FMR LLC raised its stake in Aptiv by 20.4% in the 3rd quarter. FMR LLC now owns 7,648,369 shares of the auto parts company's stock valued at $550,759,000 after acquiring an additional 1,294,670 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in 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 acquiring an additional 5,002,090 shares during the period. Franklin Resources Inc. raised its stake in Aptiv by 29.9% in the 3rd quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company's stock valued at $336,861,000 after acquiring an additional 1,090,766 shares during the period. Hotchkis & Wiley Capital Management LLC raised its stake in Aptiv by 18.5% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,488,395 shares of the auto parts company's stock valued at $179,189,000 after acquiring an additional 388,045 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in Aptiv by 4.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,386,232 shares of the auto parts company's stock valued at $171,833,000 after acquiring an additional 108,626 shares during the period. Institutional investors own 94.21% of the company's stock.

Aptiv Trading Up 1.4 %

Aptiv stock traded up $0.85 during trading hours on Tuesday, hitting $61.53. The stock had a trading volume of 1,950,118 shares, compared to its average volume of 3,292,751. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91. The stock has a market cap of $14.46 billion, a price-to-earnings ratio of 6.87, a P/E/G ratio of 0.55 and a beta of 1.74. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56. The business's 50 day simple moving average is $59.67 and its 200-day simple moving average is $64.32.

Analyst Upgrades and Downgrades

APTV has been the topic of a number of research analyst reports. Morgan Stanley dropped their price target on Aptiv from $68.00 to $60.00 and set an "underweight" rating on the stock in a research note on Thursday, November 14th. StockNews.com began coverage on Aptiv in a report on Thursday, January 30th. They issued a "hold" rating on the stock. Wells Fargo & Company upped their price objective on Aptiv from $70.00 to $76.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Guggenheim reaffirmed a "buy" rating and issued a $73.00 price objective on shares of Aptiv in a report on Thursday, December 5th. Finally, JPMorgan Chase & Co. upped their price objective on Aptiv from $107.00 to $113.00 and gave the company an "overweight" rating in a report on Monday, October 21st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $85.00.

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.