Teachers Retirement System of The State of Kentucky Decreases Holdings in Aptiv PLC (NYSE:APTV)

Teachers Retirement System of The State of Kentucky trimmed its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 7.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 141,788 shares of the auto parts company's stock after selling 11,255 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.06% of Aptiv worth $8,576,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Picton Mahoney Asset Management purchased a new position in shares of Aptiv during the fourth quarter worth about $37,000. CENTRAL TRUST Co grew its position in Aptiv by 356.3% during the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock worth $52,000 after acquiring an additional 677 shares during the last quarter. GeoWealth Management LLC increased its stake in shares of Aptiv by 203.2% in the fourth quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company's stock worth $92,000 after buying an additional 1,022 shares during the period. Hazlett Burt & Watson Inc. raised its stake in shares of Aptiv by 163.1% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,847 shares of the auto parts company's stock valued at $110,000 after acquiring an additional 1,145 shares during the last quarter. Finally, Covestor Ltd lifted its holdings in Aptiv by 11.4% in the 4th quarter. Covestor Ltd now owns 1,819 shares of the auto parts company's stock worth $110,000 after buying an additional 186 shares during the period. Institutional investors own 94.21% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Baird R W raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 27th. UBS Group reissued a "neutral" rating and set a $58.00 price objective (down from $91.00) on shares of Aptiv in a research report on Thursday, April 10th. Piper Sandler lifted their target price on Aptiv from $65.00 to $67.00 and gave the stock a "neutral" rating in a report on Thursday, March 20th. Hsbc Global Res raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Finally, Raymond James reissued a "market perform" rating on shares of Aptiv in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, Aptiv has a consensus rating of "Moderate Buy" and an average price target of $82.44.

Insider Buying and Selling

In related news, SVP Benjamin Lyon sold 14,568 shares of the firm's stock in a transaction dated 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 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 accessible through the SEC website. 0.45% of the stock is owned by corporate insiders.

Aptiv Stock Performance

NYSE APTV opened at $51.10 on Tuesday. The company has a market cap of $11.72 billion, a P/E ratio of 7.43, a P/E/G ratio of 0.62 and a beta of 1.64. The business's 50 day moving average price is $60.41 and its 200-day moving average price is $60.83. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $85.56. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53.

Aptiv (NYSE:APTV - Get Free Report) last released its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, topping 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 predict that Aptiv PLC will post 7.2 earnings per share for the current year.

Aptiv 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.

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