Horizon Investments LLC Has $231,000 Holdings in Aptiv PLC (NYSE:APTV)

Horizon Investments LLC raised its stake in shares of Aptiv PLC (NYSE:APTV) by 6.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 3,825 shares of the auto parts company’s stock after purchasing an additional 219 shares during the period. Horizon Investments LLC’s holdings in Aptiv were worth $231,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. boosted 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 valued at $32,000 after buying an additional 409 shares during the last quarter. Picton Mahoney Asset Management bought a new position in Aptiv during the 4th quarter valued at $37,000. Brooklyn Investment Group purchased a new position in Aptiv during the 3rd quarter worth $43,000. CENTRAL TRUST Co boosted its holdings in Aptiv by 356.3% during the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after acquiring an additional 677 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. purchased a new stake in shares of Aptiv in the third quarter valued at about $64,000. 94.21% of the stock is owned by institutional investors.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the transaction, the senior vice president now owns 125,237 shares of the company’s stock, valued at $8,203,023.50. The trade was a 10.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.34% of the company’s stock.

Aptiv Trading Down 0.4 %

Shares of APTV stock opened at $62.49 on Friday. Aptiv PLC has a 1 year low of $51.47 and a 1 year high of $85.56. The company’s fifty day simple moving average is $63.76 and its two-hundred day simple moving average is $63.30. 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 capitalization of $14.34 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 0.62 and a beta of 1.78.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. As a group, analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Raymond James restated a “market perform” rating on shares of Aptiv in a report on Monday, February 3rd. Wells Fargo & Company upped their target price on Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Royal Bank of Canada lifted their price target on Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Finally, Robert W. Baird upgraded Aptiv from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $75.00 to $82.00 in a research note on Monday, January 27th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and an average price target of $86.61.

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.