Aptiv PLC (NYSE:APTV) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lowered its stake in Aptiv PLC (NYSE:APTV - Free Report) by 1.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,540,175 shares of the auto parts company's stock after selling 15,785 shares during the period. Voya Investment Management LLC owned about 0.67% of Aptiv worth $93,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Transactions at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $65.50, for a total transaction 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. This trade represents a 10.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.45% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Hsbc Global Res raised shares of Aptiv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. Robert W. Baird reduced their price objective on Aptiv from $84.00 to $65.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. HSBC raised shares of Aptiv from a "hold" rating to a "buy" rating and lifted their target price for the company from $63.00 to $77.00 in a report on Tuesday, February 4th. Barclays reaffirmed an "equal weight" rating and issued a $55.00 target price (down from $80.00) on shares of Aptiv in a report on Tuesday, April 15th. Finally, Argus upgraded Aptiv to a "strong-buy" rating in a research report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, seven have given 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 currently has an average rating of "Moderate Buy" and an average target price of $81.94.

Aptiv Trading Up 0.7 %

NYSE:APTV traded up $0.38 during mid-day trading on Monday, reaching $56.31. The company's stock had a trading volume of 1,798,389 shares, compared to its average volume of 3,536,992. 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 has a market cap of $12.92 billion, a P/E ratio of 8.18, a P/E/G ratio of 0.62 and a beta of 1.64. The company's fifty day simple moving average is $59.39 and its two-hundred day simple moving average is $60.37. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $85.56.

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, beating 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%. On average, equities analysts predict that Aptiv PLC will post 7.2 EPS 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.