Mirova US LLC Sells 80,114 Shares of Aptiv PLC (NYSE:APTV)

Mirova US LLC reduced its holdings in Aptiv PLC (NYSE:APTV) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,599,731 shares of the auto parts company’s stock after selling 80,114 shares during the quarter. Aptiv accounts for about 1.9% of Mirova US LLC’s investment portfolio, making the stock its 21st largest holding. Mirova US LLC’s holdings in Aptiv were worth $157,232,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Brown Brothers Harriman & Co. increased its holdings in shares of Aptiv by 1,410.3% in the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after acquiring an additional 409 shares in the last quarter. Picton Mahoney Asset Management bought a new position in shares of Aptiv during the fourth quarter worth about $37,000. Brooklyn Investment Group bought a new position in shares of Aptiv during the third quarter worth about $43,000. CENTRAL TRUST Co grew its holdings in shares of Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after buying an additional 677 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new position in shares of Aptiv during the third quarter worth about $64,000. 94.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Aptiv Stock Performance

NYSE:APTV opened at $62.75 on Tuesday. The stock has a market cap of $14.40 billion, a P/E ratio of 9.12, a PEG ratio of 0.62 and a beta of 1.78. The stock has a 50 day simple moving average of $63.67 and a 200 day simple moving average of $63.38. 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 1-year low of $51.47 and a 1-year high of $85.56.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on APTV shares. UBS Group increased their price objective on Aptiv from $82.00 to $91.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Evercore ISI decreased their price objective on Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, February 10th. StockNews.com assumed coverage on Aptiv in a report on Tuesday, March 11th. They set a “hold” rating for the company. Argus upgraded Aptiv to a “strong-buy” rating in a research note on Tuesday, February 11th. Finally, TD Cowen assumed coverage on Aptiv in a research note on Friday, March 7th. They issued a “buy” rating and a $90.00 price target for the company. One analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and a consensus target price of $86.50.

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.