Yousif Capital Management LLC Has $3.62 Million Holdings in Aptiv PLC (NYSE:APTV)

Yousif Capital Management LLC trimmed its holdings in Aptiv PLC (NYSE:APTV) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,355 shares of the auto parts company’s stock after selling 1,759 shares during the period. Yousif Capital Management LLC’s holdings in Aptiv were worth $3,621,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Vanguard Group Inc. increased its stake in Aptiv by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 31,372,005 shares of the auto parts company’s stock worth $3,092,966,000 after purchasing an additional 1,265,774 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Aptiv by 65.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,158,382 shares of the auto parts company’s stock worth $193,650,000 after acquiring an additional 850,294 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Aptiv by 138.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,289,388 shares of the auto parts company’s stock worth $127,121,000 after acquiring an additional 747,666 shares during the period. Impax Asset Management Group plc boosted its stake in Aptiv by 10.7% in the 3rd quarter. Impax Asset Management Group plc now owns 6,790,225 shares of the auto parts company’s stock worth $668,843,000 after purchasing an additional 656,845 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new position in Aptiv during the 3rd quarter worth about $52,529,000. 94.21% of the stock is currently owned by institutional investors.

Insider Activity

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on APTV shares. Robert W. Baird cut Aptiv from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $105.00 to $96.00 in a research report on Wednesday, January 3rd. Oppenheimer lowered their price objective on shares of Aptiv from $149.00 to $148.00 and set an “outperform” rating on the stock in a report on Thursday, February 1st. Citigroup decreased their target price on shares of Aptiv from $150.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, February 1st. Barclays reduced their price objective on shares of Aptiv from $112.00 to $110.00 and set an “overweight” rating for the company in a research note on Thursday, April 11th. Finally, Piper Sandler dropped their target price on Aptiv from $80.00 to $79.00 and set a “neutral” rating on the stock in a report on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $109.93.

Aptiv Trading Up 1.5 %

APTV stock opened at $71.21 on Friday. Aptiv PLC has a one year low of $68.84 and a one year high of $113.60. The stock has a market cap of $19.42 billion, a price-to-earnings ratio of 6.87, a price-to-earnings-growth ratio of 0.89 and a beta of 1.90. The company has a fifty day moving average price of $76.48 and a two-hundred day moving average price of $81.39. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.72 and a quick ratio of 1.22.

Aptiv (NYSE:APTV) last announced its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 EPS for the quarter, topping the consensus estimate of $1.29 by $0.11. The business had revenue of $4.92 billion during the quarter, compared to the consensus estimate of $4.95 billion. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. Equities analysts anticipate that Aptiv PLC will post 5.63 EPS for the current year.

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.