Amalgamated Bank Sells 7,571 Shares of Aptiv PLC (NYSE:APTV)

Amalgamated Bank lowered its stake in shares of Aptiv PLC (NYSE:APTV) by 14.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,994 shares of the auto parts company’s stock after selling 7,571 shares during the period. Amalgamated Bank’s holdings in Aptiv were worth $2,721,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Brown Brothers Harriman & Co. raised its position in shares of Aptiv by 1,410.3% during the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after purchasing an additional 409 shares during the period. Capital Performance Advisors LLP bought a new position in Aptiv during the 3rd quarter valued at $43,000. Brooklyn Investment Group bought a new position in shares of Aptiv during the third quarter valued at about $43,000. Hazlett Burt & Watson Inc. boosted its position in Aptiv by 100.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 702 shares of the auto parts company’s stock worth $50,000 after purchasing an additional 351 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in Aptiv by 356.3% in the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after purchasing an additional 677 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

APTV has been the topic of several recent analyst reports. Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. 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 note on Thursday, November 14th. Barclays increased their price target on shares of Aptiv from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. StockNews.com started coverage on shares of Aptiv in a research report on Sunday, February 23rd. They issued a “hold” rating on the stock. Finally, UBS Group increased their target price on shares of Aptiv from $82.00 to $91.00 and gave the stock a “buy” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.61.

Aptiv Stock Down 0.4 %

Shares of NYSE:APTV opened at $65.05 on Friday. 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. The stock has a fifty day simple moving average of $62.86 and a two-hundred day simple moving average of $63.90. The stock has a market capitalization of $14.93 billion, a price-to-earnings ratio of 9.46, a PEG ratio of 0.62 and a beta of 1.74.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (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%. On average, research analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal 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.