Sei Investments Co. Sells 14,989 Shares of Aptiv PLC (NYSE:APTV)

Sei Investments Co. decreased its holdings in shares of Aptiv PLC (NYSE:APTV) by 5.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 274,297 shares of the auto parts company’s stock after selling 14,989 shares during the period. Sei Investments Co.’s holdings in Aptiv were worth $16,588,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in APTV. Brown Brothers Harriman & Co. increased its position in Aptiv by 1,410.3% during 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 in the last quarter. FMR LLC boosted its holdings in Aptiv by 20.4% in the third quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock worth $550,759,000 after acquiring an additional 1,294,670 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of Aptiv in the third quarter worth $43,000. Transamerica Financial Advisors Inc. bought a new position in shares of Aptiv during the third quarter valued at $64,000. Finally, Bridgewater Associates LP purchased a new position in shares of Aptiv in the 3rd quarter worth about $1,075,000. Institutional investors own 94.21% of the company’s stock.

Aptiv Price Performance

Shares of Aptiv stock opened at $62.31 on Friday. The stock’s fifty day moving average is $64.06 and its 200 day moving average is $63.08. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. The stock has a market cap of $14.30 billion, a P/E ratio of 9.06, a P/E/G ratio of 0.62 and a beta of 1.78.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating 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%. Sell-side analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current year.

Insiders Place Their Bets

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the sale, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at $8,203,023.50. This trade represents a 10.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Guggenheim restated a “buy” rating and set a $73.00 price objective on shares of Aptiv in a research note on Thursday, December 5th. Barclays raised 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. UBS Group upped their price objective on Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a research report on Friday, February 7th. StockNews.com began coverage on Aptiv in a report on Thursday. They issued a “hold” rating for the company. Finally, Deutsche Bank Aktiengesellschaft raised Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the company presently 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.