Aptiv PLC (NYSE:APTV) Shares Sold by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC reduced its stake in shares of Aptiv PLC (NYSE:APTV - Free Report) by 28.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,340 shares of the auto parts company's stock after selling 11,953 shares during the quarter. United Capital Financial Advisors LLC's holdings in Aptiv were worth $1,774,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of APTV. Virtu Financial LLC purchased a new position in shares of Aptiv in the 3rd quarter valued at about $783,000. World Investment Advisors LLC acquired a new position in shares of Aptiv during the 3rd quarter worth about $212,000. Tidal Investments LLC increased its stake in Aptiv by 29.7% during the 3rd quarter. Tidal Investments LLC now owns 15,509 shares of the auto parts company's stock worth $1,117,000 after buying an additional 3,553 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Aptiv by 29.9% during the third quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company's stock worth $336,861,000 after purchasing an additional 1,090,766 shares in the last quarter. Finally, Inspire Trust Co. N.A. boosted its stake in Aptiv by 48.0% during the 3rd quarter. Inspire Trust Co. N.A. now owns 28,000 shares of the auto parts company's stock worth $2,016,000 after purchasing an additional 9,075 shares during the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Stock Performance

Shares of NYSE:APTV traded up $1.47 during trading on Thursday, reaching $54.78. The company had a trading volume of 805,282 shares, compared to its average volume of 3,525,656. 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 stock's fifty day moving average price is $59.85 and its 200 day moving average price is $60.72. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $85.56. The firm has a market capitalization of $12.57 billion, a price-to-earnings ratio of 7.97, a price-to-earnings-growth ratio of 0.62 and a beta of 1.64.

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, 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%. As a group, equities research analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analyst Weigh In

APTV has been the subject of several recent research reports. Raymond James reaffirmed a "market perform" rating on shares of Aptiv in a report on Monday, February 3rd. TD Cowen assumed coverage on Aptiv in a research report on Friday, March 7th. They set a "buy" rating and a $90.00 price objective on the stock. Baird R W raised Aptiv from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 27th. Royal Bank of Canada increased their price target on Aptiv from $75.00 to $82.00 and gave the company an "outperform" rating in a research report on Friday, February 7th. Finally, Barclays reaffirmed an "equal weight" rating and issued a $55.00 target price (down previously from $80.00) on shares of Aptiv in a report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $81.94.

Insider Activity

In related news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the transaction, the senior vice president now directly 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 SEC, which is available at this hyperlink. Insiders own 0.45% 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.