Kintegral Advisory LLC Trims Stake in Aptiv PLC (NYSE:APTV)

Kintegral Advisory LLC decreased its stake in shares of Aptiv PLC (NYSE:APTV) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,348 shares of the auto parts company’s stock after selling 809 shares during the period. Kintegral Advisory LLC’s holdings in Aptiv were worth $1,049,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Blue Trust Inc. raised its position in shares of Aptiv by 713.9% in the third quarter. Blue Trust Inc. now owns 2,108 shares of the auto parts company’s stock valued at $148,000 after buying an additional 1,849 shares during the last quarter. Signaturefd LLC raised its holdings in Aptiv by 15.5% in the 3rd quarter. Signaturefd LLC now owns 3,098 shares of the auto parts company’s stock valued at $223,000 after acquiring an additional 416 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Aptiv during the 3rd quarter worth $11,250,000. Tectonic Advisors LLC boosted its holdings in shares of Aptiv by 12.9% during the third quarter. Tectonic Advisors LLC now owns 16,184 shares of the auto parts company’s stock worth $1,165,000 after purchasing an additional 1,845 shares during the last quarter. Finally, Ballentine Partners LLC grew its position in shares of Aptiv by 14.5% in the third quarter. Ballentine Partners LLC now owns 3,768 shares of the auto parts company’s stock valued at $271,000 after purchasing an additional 478 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Trading Down 1.4 %

NYSE APTV opened at $66.65 on Friday. The stock has a market cap of $15.29 billion, a P/E ratio of 9.69, a PEG ratio of 0.63 and a beta of 1.74. The company’s fifty day simple moving average is $62.02 and its 200-day simple moving average is $63.97. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. Aptiv PLC has a 52 week low of $51.47 and a 52 week high of $85.56.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping 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%. Equities research analysts predict that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Piper Sandler upgraded Aptiv from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $53.00 to $65.00 in a research report on Thursday, January 23rd. Morgan Stanley decreased their target price on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating on the stock in a research report on Thursday, November 14th. Guggenheim restated a “buy” rating and issued a $73.00 target price on shares of Aptiv in a report on Thursday, December 5th. HSBC raised shares of Aptiv from a “hold” rating to a “buy” rating and increased their price target for the stock from $63.00 to $77.00 in a research note on Tuesday, February 4th. Finally, Barclays lifted their price target on shares of Aptiv from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.61.

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.