Rathbones Group PLC Has $92.40 Million Position in Aptiv PLC (NYSE:APTV)

Rathbones Group PLC grew its holdings in Aptiv PLC (NYSE:APTV - Free Report) by 8.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,527,773 shares of the auto parts company's stock after acquiring an additional 122,599 shares during the period. Rathbones Group PLC owned 0.65% of Aptiv worth $92,400,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Picton Mahoney Asset Management bought a new stake in Aptiv during the fourth quarter worth approximately $37,000. CENTRAL TRUST Co grew its stake in 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 buying an additional 677 shares during the last quarter. Hazlett Burt & Watson Inc. raised its holdings in Aptiv by 163.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,847 shares of the auto parts company's stock worth $110,000 after acquiring an additional 1,145 shares during the period. SRS Capital Advisors Inc. lifted its position in Aptiv by 93.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,904 shares of the auto parts company's stock worth $115,000 after acquiring an additional 918 shares during the last quarter. Finally, Westpac Banking Corp grew its position in shares of Aptiv by 21.9% in the fourth quarter. Westpac Banking Corp now owns 1,900 shares of the auto parts company's stock valued at $115,000 after purchasing an additional 341 shares during the last quarter. 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 firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.45% of the stock is currently owned by corporate insiders.

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Aptiv Price Performance

APTV traded down $1.42 during trading on Friday, hitting $48.00. The company's stock had a trading volume of 4,486,209 shares, compared to its average volume of 3,507,867. Aptiv PLC has a 12 month low of $47.19 and a 12 month high of $85.56. The firm's 50 day moving average price is $61.94 and its two-hundred day moving average price is $61.74. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $11.01 billion, a price-to-earnings ratio of 6.98, a price-to-earnings-growth ratio of 0.62 and a beta of 1.64.

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

Analyst Upgrades and Downgrades

APTV has been the subject of several recent analyst reports. Robert W. Baird upgraded Aptiv from a "neutral" rating to an "outperform" rating and increased their target price for the company from $75.00 to $82.00 in a research note on Monday, January 27th. Evercore ISI dropped their target price on shares of Aptiv from $105.00 to $95.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Argus raised shares of Aptiv to a "strong-buy" rating in a report on Tuesday, February 11th. Piper Sandler boosted their price objective on shares of Aptiv from $65.00 to $67.00 and gave the stock a "neutral" rating in a report on Thursday, March 20th. Finally, Barclays lifted their target price on Aptiv from $75.00 to $80.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. One equities research 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. According to data from MarketBeat, Aptiv currently has a consensus rating of "Moderate Buy" and a consensus price target of $84.78.

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.