Aptiv PLC (NYSE:APTV) Shares Bought by Ninety One North America Inc.

Ninety One North America Inc. boosted its position in shares of Aptiv PLC (NYSE:APTV) by 2.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 189,967 shares of the auto parts company’s stock after acquiring an additional 4,884 shares during the quarter. Ninety One North America Inc.’s holdings in Aptiv were worth $11,489,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. lifted its holdings in shares of Aptiv by 1,410.3% in the 3rd 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 period. Wolff Wiese Magana LLC lifted its holdings in shares of Aptiv by 44.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after buying an additional 155 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Aptiv in the 3rd quarter valued at about $43,000. Brooklyn Investment Group acquired a new position in shares of Aptiv in the 3rd quarter valued at about $43,000. Finally, Mather Group LLC. lifted its holdings in shares of Aptiv by 36.9% in the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock valued at $47,000 after buying an additional 176 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Stock Up 0.9 %

NYSE:APTV opened at $61.23 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91. The stock’s fifty day moving average is $59.60 and its two-hundred day moving average is $64.40. Aptiv PLC has a 52 week low of $51.47 and a 52 week high of $85.56. The stock has a market capitalization of $14.39 billion, a price-to-earnings ratio of 6.84, a price-to-earnings-growth ratio of 0.55 and a beta of 1.74.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on APTV. Morgan Stanley cut their price target on Aptiv from $68.00 to $60.00 and set an “underweight” rating for the company in a research note on Thursday, November 14th. Baird R W upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Wells Fargo & Company lifted their price target on Aptiv from $70.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. TD Cowen cut their price target on Aptiv from $95.00 to $74.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Finally, Barclays cut their price objective on Aptiv from $80.00 to $75.00 and set an “overweight” rating for the company in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Aptiv presently has a consensus rating of “Moderate Buy” and an average price target of $85.00.

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.