Aptiv PLC (NYSE:APTV) Holdings Trimmed by Xponance Inc.

Xponance Inc. lowered its position in shares of Aptiv PLC (NYSE:APTV) by 4.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 37,971 shares of the auto parts company’s stock after selling 1,642 shares during the period. Xponance Inc.’s holdings in Aptiv were worth $2,296,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. South Dakota Investment Council boosted its stake in Aptiv by 32.9% during the fourth quarter. South Dakota Investment Council now owns 128,954 shares of the auto parts company’s stock valued at $7,799,000 after buying an additional 31,941 shares in the last quarter. Focus Financial Network Inc. bought a new position in Aptiv during the fourth quarter valued at about $379,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Aptiv by 73.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 111,401 shares of the auto parts company’s stock valued at $8,022,000 after purchasing an additional 47,215 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of Aptiv in the 3rd quarter valued at $14,893,000. Finally, Shorepath Capital Management LLC boosted its position in shares of Aptiv by 21.8% in the 4th quarter. Shorepath Capital Management LLC now owns 66,104 shares of the auto parts company’s stock valued at $3,998,000 after purchasing an additional 11,835 shares during the period. Institutional investors own 94.21% of the company’s stock.

Aptiv Stock Down 0.1 %

APTV opened at $62.40 on Friday. Aptiv PLC has a fifty-two week low of $51.47 and a fifty-two week high of $85.56. The business has a 50-day moving average of $63.82 and a 200-day moving average of $63.24. 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 company has a market capitalization of $14.32 billion, a PE ratio of 9.07, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78.

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

Insider Activity at Aptiv

In related news, SVP Benjamin Lyon sold 14,568 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the transaction, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at approximately $8,203,023.50. This trade represents a 10.42 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.34% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a research report on Friday, February 7th. Wells Fargo & Company increased their price target on Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. UBS Group increased their price target on Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Argus upgraded Aptiv to a “strong-buy” rating in a research report on Tuesday, February 11th. Finally, Evercore ISI reduced their price objective on Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $86.61.

About Aptiv

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.