Hyperion Capital Advisors LP Raises Position in Aptiv PLC (NYSE:APTV)

Hyperion Capital Advisors LP raised its holdings in shares of Aptiv PLC (NYSE:APTV) by 19.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,575 shares of the auto parts company’s stock after acquiring an additional 575 shares during the quarter. Hyperion Capital Advisors LP’s holdings in Aptiv were worth $257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Independence Bank of Kentucky purchased a new position in shares of Aptiv during the 2nd quarter worth $25,000. Brown Brothers Harriman & Co. boosted its stake in shares of Aptiv by 1,410.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after acquiring an additional 409 shares during the last quarter. Crewe Advisors LLC raised its position in shares of Aptiv by 94.7% during the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock valued at $31,000 after purchasing an additional 215 shares during the period. Wolff Wiese Magana LLC raised its position in shares of Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after purchasing an additional 155 shares during the period. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of Aptiv during the 2nd quarter valued at $38,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Trading Up 0.4 %

NYSE:APTV opened at $55.50 on Thursday. Aptiv PLC has a one year low of $51.47 and a one year high of $91.66. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50. The firm has a market cap of $13.04 billion, a P/E ratio of 6.19, a P/E/G ratio of 0.58 and a beta of 1.81. The firm has a 50-day simple moving average of $64.27 and a 200-day simple moving average of $69.86.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.68 by $0.15. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. The business had revenue of $4.85 billion during the quarter, compared to analyst estimates of $5.10 billion. During the same quarter in the previous year, the business posted $1.30 EPS. The company’s quarterly revenue was down 5.1% compared to the same quarter last year. Equities analysts anticipate that Aptiv PLC will post 6.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

APTV has been the topic of several recent analyst reports. TD Cowen decreased their price objective on shares of Aptiv from $95.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Oppenheimer decreased their price objective on shares of Aptiv from $147.00 to $83.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Fox Advisors downgraded shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. raised their price objective on shares of Aptiv from $107.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Finally, Guggenheim decreased their price objective on shares of Aptiv from $87.00 to $73.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, Aptiv currently has a consensus rating of “Moderate Buy” and an average target price of $85.29.

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.