Aptiv PLC (NYSE:APTV) Shares Bought by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. boosted its position in shares of Aptiv PLC (NYSE:APTV - Free Report) by 301.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 65,646 shares of the auto parts company's stock after purchasing an additional 49,281 shares during the quarter. Tocqueville Asset Management L.P.'s holdings in Aptiv were worth $3,970,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of APTV. Brown Brothers Harriman & Co. boosted its position in Aptiv by 1,410.3% during the 3rd 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 stake in Aptiv during the 4th quarter valued at $37,000. Brooklyn Investment Group bought a new stake in Aptiv during the 3rd quarter valued at $43,000. CENTRAL TRUST Co boosted 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 valued at $52,000 after acquiring an additional 677 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new stake in Aptiv during the 3rd quarter valued at $64,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Stock Performance

Shares of NYSE APTV traded down $0.09 during trading on Friday, reaching $62.40. 9,010,698 shares of the company traded hands, compared to its average volume of 3,267,443. The firm's fifty day simple moving average is $63.82 and its 200 day simple moving average is $63.24. The stock has a market cap of $14.32 billion, a P/E ratio of 9.07, a PEG ratio of 0.62 and a beta of 1.78. Aptiv PLC has a 12-month low of $51.47 and a 12-month high of $85.56. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87.

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

Insider Buying and Selling at Aptiv

In related news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction dated 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 transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on APTV. Evercore ISI dropped their target price on Aptiv from $105.00 to $95.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. TD Cowen assumed coverage on Aptiv in a research report on Friday, March 7th. They issued a "buy" rating and a $90.00 price objective for the company. Baird R W raised Aptiv from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 27th. Oppenheimer raised their price objective on Aptiv from $83.00 to $85.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Finally, Hsbc Global Res raised Aptiv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $86.61.

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.