Aptiv PLC (NYSE:APTV) Shares Purchased by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC boosted its position in Aptiv PLC (NYSE:APTV) by 16.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,269 shares of the auto parts company’s stock after acquiring an additional 898 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Aptiv were worth $379,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its holdings in Aptiv by 16.8% in the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock valued at $88,000 after acquiring an additional 176 shares in the last quarter. Boston Common Asset Management LLC raised its holdings in Aptiv by 4.8% during the fourth quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock worth $249,000 after purchasing an additional 188 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in Aptiv by 4.9% during the third quarter. First Horizon Advisors Inc. now owns 4,632 shares of the auto parts company’s stock worth $334,000 after purchasing an additional 218 shares in the last quarter. 1834 Investment Advisors Co. raised its holdings in Aptiv by 6.6% during the third quarter. 1834 Investment Advisors Co. now owns 4,483 shares of the auto parts company’s stock worth $323,000 after purchasing an additional 276 shares in the last quarter. Finally, Palmer Knight Co raised its holdings in Aptiv by 0.6% during the third quarter. Palmer Knight Co now owns 52,133 shares of the auto parts company’s stock worth $3,754,000 after purchasing an additional 297 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analysts Set New Price Targets

APTV has been the topic of a number of research analyst reports. Royal Bank of Canada raised their price objective on shares of Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Baird R W raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Hsbc Global Res raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. Robert W. Baird upgraded shares of Aptiv from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $75.00 to $82.00 in a research report on Monday, January 27th. Finally, Barclays raised their target price on shares of Aptiv from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $85.61.

Aptiv Stock Performance

NYSE:APTV opened at $65.37 on Friday. The firm’s fifty day moving average price is $62.73 and its 200 day moving average price is $63.95. Aptiv PLC has a 1-year low of $51.47 and a 1-year high of $85.56. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The firm has a market cap of $15.00 billion, a price-to-earnings ratio of 9.50, a price-to-earnings-growth ratio of 0.62 and a beta of 1.74.

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 net margin of 9.07% and a return on equity of 15.63%. On average, sell-side analysts expect that Aptiv PLC will post 7.2 EPS for the current year.

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.