Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Aptiv PLC (NYSE:APTV – Free Report) by 1.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,399 shares of the auto parts company’s stock after buying an additional 928 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Aptiv were worth $3,643,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. CWM LLC grew its holdings in shares of Aptiv by 139.2% in the 1st quarter. CWM LLC now owns 14,154 shares of the auto parts company’s stock worth $842,000 after acquiring an additional 8,237 shares during the period. Allianz Asset Management GmbH grew its holdings in Aptiv by 84.2% in the first quarter. Allianz Asset Management GmbH now owns 25,379 shares of the auto parts company’s stock valued at $1,510,000 after purchasing an additional 11,600 shares during the last quarter. Choreo LLC grew its holdings in Aptiv by 40.4% in the first quarter. Choreo LLC now owns 11,213 shares of the auto parts company’s stock valued at $667,000 after purchasing an additional 3,227 shares during the last quarter. Y Intercept Hong Kong Ltd increased its position in shares of Aptiv by 55.1% in the first quarter. Y Intercept Hong Kong Ltd now owns 17,295 shares of the auto parts company’s stock valued at $1,029,000 after buying an additional 6,145 shares in the last quarter. Finally, Oak Thistle LLC boosted its position in shares of Aptiv by 52.9% in the 1st quarter. Oak Thistle LLC now owns 21,880 shares of the auto parts company’s stock worth $1,302,000 after buying an additional 7,571 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.
Aptiv Trading Down 4.5%
Shares of Aptiv stock opened at $72.39 on Thursday. Aptiv PLC has a fifty-two week low of $47.19 and a fifty-two week high of $88.80. The business’s fifty day moving average is $83.48 and its two-hundred day moving average is $74.84. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80. The firm has a market cap of $15.64 billion, a PE ratio of 57.46, a P/E/G ratio of 0.77 and a beta of 1.58.
Analyst Ratings Changes
Several equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Aptiv from $105.00 to $104.00 in a report on Friday, October 31st. Wall Street Zen upgraded Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. TD Cowen increased their target price on Aptiv from $104.00 to $107.00 and gave the company a “buy” rating in a report on Friday, October 31st. Cowen reissued a “buy” rating on shares of Aptiv in a research report on Friday, October 31st. Finally, UBS Group upped their price objective on Aptiv from $75.00 to $94.00 and gave the company a “neutral” rating in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $94.79.
Get Our Latest Analysis on APTV
Insider Activity at Aptiv
In other news, CAO Allan J. Brazier sold 1,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the chief accounting officer directly owned 49,820 shares in the company, valued at $4,234,700. This represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.45% of the stock is currently owned by corporate insiders.
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.
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