Aptiv (NYSE:APTV) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Aptiv (NYSE:APTV - Free Report) in a report published on Wednesday. The firm issued a hold rating on the auto parts company's stock.

A number of other equities analysts have also commented on APTV. Barclays raised their price objective on shares of Aptiv from $75.00 to $80.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. TD Cowen began coverage on shares of Aptiv in a research report on Friday, March 7th. They issued a "buy" rating and a $90.00 price objective for the company. Deutsche Bank Aktiengesellschaft upgraded shares of Aptiv from a "hold" rating to a "buy" rating and set a $78.00 price objective for the company in a research report on Friday, February 7th. HSBC raised shares of Aptiv from a "hold" rating to a "buy" rating and raised their target price for the company from $63.00 to $77.00 in a research note on Tuesday, February 4th. Finally, Oppenheimer raised their target price on shares of Aptiv from $83.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $86.61.

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Aptiv Stock Performance

NYSE:APTV traded down $0.09 on Wednesday, reaching $62.40. 9,010,698 shares of the company's stock were exchanged, compared to its average volume of 3,267,443. 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 firm has a market cap of $14.32 billion, a price-to-earnings ratio of 9.07, a P/E/G ratio of 0.62 and a beta of 1.78. Aptiv has a 52 week low of $51.47 and a 52 week high of $85.56. The stock has a fifty day simple moving average of $63.82 and a 200-day simple moving average of $63.24.

Aptiv (NYSE:APTV - Get Free Report) last issued its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share 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%. As a group, sell-side analysts predict that Aptiv will post 7.2 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction 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 sale, the senior vice president now owns 125,237 shares in the company, valued at $8,203,023.50. The trade was a 10.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.34% of the stock is owned by insiders.

Institutional Trading of Aptiv

Several large investors have recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA boosted its holdings in Aptiv by 11.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 14,289,126 shares of the auto parts company's stock valued at $864,206,000 after acquiring an additional 1,517,104 shares in the last quarter. FMR LLC boosted its holdings in Aptiv by 1.7% in the fourth quarter. FMR LLC now owns 7,775,251 shares of the auto parts company's stock valued at $470,247,000 after acquiring an additional 126,882 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Aptiv by 29.7% in the fourth quarter. Franklin Resources Inc. now owns 6,146,947 shares of the auto parts company's stock valued at $371,767,000 after acquiring an additional 1,408,433 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Aptiv by 1,390.6% during 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 buying an additional 5,002,090 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in shares of Aptiv by 6.1% during the 4th quarter. Victory Capital Management Inc. now owns 3,882,254 shares of the auto parts company's stock valued at $234,799,000 after buying an additional 223,831 shares in the last quarter. Institutional investors own 94.21% of the company's stock.

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.