Mizuho Securities USA LLC Buys 5,043 Shares of Aptiv PLC (NYSE:APTV)

Mizuho Securities USA LLC increased its stake in shares of Aptiv PLC (NYSE:APTV) by 29.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,276 shares of the auto parts company’s stock after acquiring an additional 5,043 shares during the quarter. Mizuho Securities USA LLC’s holdings in Aptiv were worth $1,347,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brown Brothers Harriman & Co. grew its position in shares of Aptiv by 1,410.3% during the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after purchasing an additional 409 shares in the last quarter. Picton Mahoney Asset Management bought a new stake in Aptiv in the 4th quarter worth approximately $37,000. Brooklyn Investment Group purchased a new stake in shares of Aptiv during the 3rd quarter worth approximately $43,000. CENTRAL TRUST Co boosted its position in shares of Aptiv by 356.3% during the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after acquiring an additional 677 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. purchased a new position in shares of Aptiv in the third quarter valued at $64,000. 94.21% of the stock is currently owned by institutional investors.

Aptiv Stock Up 0.9 %

Shares of Aptiv stock opened at $64.47 on Wednesday. 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 stock has a market cap of $14.79 billion, a price-to-earnings ratio of 9.37, a PEG ratio of 0.62 and a beta of 1.78. The firm’s 50-day moving average is $63.94 and its two-hundred day moving average is $63.07.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. As a group, research analysts expect that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the transaction, the senior vice president now directly owns 125,237 shares in the company, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.45% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

APTV has been the subject of a number of recent research reports. StockNews.com initiated coverage on shares of Aptiv in a research note on Wednesday, March 19th. They issued a “hold” rating for the company. Deutsche Bank Aktiengesellschaft upgraded 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. Guggenheim restated a “buy” rating and issued a $73.00 price target on shares of Aptiv in a research report on Thursday, December 5th. Wells Fargo & Company boosted their price objective on shares of Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. 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 report on Friday, February 7th. One 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 company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $86.61.

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.