CX Institutional Has $258,000 Stake in Aptiv PLC (NYSE:APTV)

CX Institutional increased its position in shares of Aptiv PLC (NYSE:APTVFree Report) by 29.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,874 shares of the auto parts company’s stock after buying an additional 650 shares during the period. CX Institutional’s holdings in Aptiv were worth $258,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in APTV. Salem Investment Counselors Inc. boosted its position in Aptiv by 176.0% during the second quarter. Salem Investment Counselors Inc. now owns 276 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 176 shares during the period. West Tower Group LLC bought a new stake in shares of Aptiv in the second quarter valued at about $29,000. FWL Investment Management LLC bought a new stake in shares of Aptiv in the fourth quarter valued at about $30,000. Farther Finance Advisors LLC boosted its position in shares of Aptiv by 49.7% in the second quarter. Farther Finance Advisors LLC now owns 518 shares of the auto parts company’s stock valued at $53,000 after acquiring an additional 172 shares during the period. Finally, BluePath Capital Management LLC bought a new stake in shares of Aptiv in the third quarter valued at about $55,000. 89.13% of the stock is owned by institutional investors.

Insider Activity

In other news, SVP Benjamin Lyon sold 18,680 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $77.69, for a total value of $1,451,249.20. Following the completion of the transaction, the senior vice president now owns 95,211 shares of the company’s stock, valued at $7,396,942.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.41% of the stock is currently owned by insiders.

Aptiv Stock Down 2.3 %

Shares of NYSE APTV opened at $78.72 on Monday. The company has a current ratio of 1.72, a quick ratio of 1.22 and a debt-to-equity ratio of 0.53. The company has a market cap of $21.47 billion, a price-to-earnings ratio of 7.60, a PEG ratio of 1.01 and a beta of 1.90. Aptiv PLC has a 12 month low of $71.01 and a 12 month high of $113.60. The stock has a 50-day moving average price of $80.18 and a two-hundred day moving average price of $85.57.

Aptiv (NYSE:APTVGet Free Report) last issued 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 firm had revenue of $4.92 billion during the quarter, compared to the consensus estimate of $4.95 billion. Aptiv had a return on equity of 13.32% and a net margin of 14.65%. As a group, analysts forecast that Aptiv PLC will post 5.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Citigroup reduced 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. JPMorgan Chase & Co. reduced their target price on shares of Aptiv from $135.00 to $115.00 and set an “overweight” rating for the company in a research report on Thursday, January 25th. Wells Fargo & Company boosted their target price on shares of Aptiv from $79.00 to $84.00 and gave the company an “equal weight” rating in a research report on Thursday, February 1st. Piper Sandler reduced their target price on shares of Aptiv from $80.00 to $79.00 and set a “neutral” rating for the company in a research report on Thursday, February 1st. Finally, Guggenheim dropped their price target on Aptiv from $120.00 to $103.00 and set a “buy” rating for the company in a research note on Friday, February 2nd. One investment 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $113.57.

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Aptiv Profile

(Free Report)

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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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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