Aptiv PLC (NYSE:APTV) Holdings Decreased by California Public Employees Retirement System

California Public Employees Retirement System decreased its position in shares of Aptiv PLC (NYSE:APTV) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 481,591 shares of the auto parts company’s stock after selling 18,558 shares during the period. California Public Employees Retirement System owned 0.17% of Aptiv worth $43,208,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of APTV. Strategic Blueprint LLC boosted its position in Aptiv by 7.4% during the third quarter. Strategic Blueprint LLC now owns 3,290 shares of the auto parts company’s stock valued at $324,000 after purchasing an additional 228 shares during the last quarter. Czech National Bank lifted its position in shares of Aptiv by 54.4% in the third quarter. Czech National Bank now owns 49,431 shares of the auto parts company’s stock worth $4,873,000 after buying an additional 17,409 shares during the last quarter. Asset Management One Co. Ltd. lifted its position in shares of Aptiv by 0.3% in the third quarter. Asset Management One Co. Ltd. now owns 110,278 shares of the auto parts company’s stock worth $10,872,000 after buying an additional 368 shares during the last quarter. Handelsbanken Fonder AB lifted its position in shares of Aptiv by 103.3% in the third quarter. Handelsbanken Fonder AB now owns 319,796 shares of the auto parts company’s stock worth $31,529,000 after buying an additional 162,493 shares during the last quarter. Finally, Slow Capital Inc. increased its stake in shares of Aptiv by 6.1% in the third quarter. Slow Capital Inc. now owns 27,623 shares of the auto parts company’s stock worth $2,723,000 after purchasing an additional 1,591 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Wall Street Analyst Weigh In

APTV has been the topic of a number of recent analyst reports. Citigroup dropped their price objective on Aptiv from $150.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, February 1st. JPMorgan Chase & Co. dropped their price objective on Aptiv from $110.00 to $109.00 and set an “overweight” rating on the stock in a research note on Monday, April 22nd. Wells Fargo & Company dropped their price objective on Aptiv from $84.00 to $83.00 in a research note on Monday, April 8th. Oppenheimer lowered their price target on Aptiv from $149.00 to $148.00 and set an “outperform” rating on the stock in a research note on Thursday, February 1st. Finally, Guggenheim lowered their price target on Aptiv from $103.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, April 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $109.93.

Aptiv Trading Up 1.6 %

APTV stock opened at $71.22 on Friday. Aptiv PLC has a 1-year low of $68.84 and a 1-year high of $113.60. The firm has a market cap of $19.42 billion, a P/E ratio of 6.87, a P/E/G ratio of 0.91 and a beta of 1.90. The business’s 50 day moving average is $76.48 and its 200-day moving average is $81.51. The company has a current ratio of 1.72, a quick ratio of 1.22 and a debt-to-equity ratio of 0.53.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.11. Aptiv had a return on equity of 13.32% and a net margin of 14.65%. The company had revenue of $4.92 billion for the quarter, compared to analyst estimates of $4.95 billion. Equities analysts anticipate that Aptiv PLC will post 5.62 earnings per share for the current fiscal year.

Insider Activity at Aptiv

In related news, SVP Benjamin Lyon sold 18,680 shares of the company’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $77.69, for a total value of $1,451,249.20. Following the completion of the sale, the senior vice president now owns 95,211 shares in the company, valued at approximately $7,396,942.59. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.34% of the stock is 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.