Aptiv PLC (NYSE:APTV) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its holdings in shares of Aptiv PLC (NYSE:APTV) by 2.3% during the 4th quarter, HoldingsChannel reports. The firm owned 6,440 shares of the auto parts company’s stock after buying an additional 145 shares during the period. Sequoia Financial Advisors LLC’s holdings in Aptiv were worth $578,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Toroso Investments LLC boosted its stake in Aptiv by 3.3% during the 3rd quarter. Toroso Investments LLC now owns 3,320 shares of the auto parts company’s stock worth $260,000 after purchasing an additional 107 shares during the last quarter. Cim Investment Management Inc. boosted its stake in Aptiv by 4.4% during the 1st quarter. Cim Investment Management Inc. now owns 2,650 shares of the auto parts company’s stock worth $297,000 after purchasing an additional 111 shares during the last quarter. BSW Wealth Partners boosted its position in shares of Aptiv by 2.7% during the 1st quarter. BSW Wealth Partners now owns 4,198 shares of the auto parts company’s stock valued at $471,000 after acquiring an additional 111 shares during the last quarter. Advisory Services Network LLC boosted its position in shares of Aptiv by 0.9% during the 1st quarter. Advisory Services Network LLC now owns 14,152 shares of the auto parts company’s stock valued at $1,588,000 after acquiring an additional 121 shares during the last quarter. Finally, Assetmark Inc. boosted its position in shares of Aptiv by 7.8% during the 3rd quarter. Assetmark Inc. now owns 1,780 shares of the auto parts company’s stock valued at $175,000 after acquiring an additional 129 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Insiders Place Their Bets

In other Aptiv news, SVP Benjamin Lyon sold 18,680 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $77.69, for a total transaction of $1,451,249.20. Following the sale, the senior vice president now directly owns 95,211 shares in the company, valued at $7,396,942.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.34% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Oppenheimer lowered their price target on shares of Aptiv from $149.00 to $148.00 and set an “outperform” rating on the stock in a research report on Thursday, February 1st. Royal Bank of Canada lowered their price target on shares of Aptiv from $115.00 to $104.00 and set an “outperform” rating on the stock in a research report on Thursday, February 1st. Wells Fargo & Company lowered their price target on shares of Aptiv from $84.00 to $83.00 in a research report on Monday, April 8th. JPMorgan Chase & Co. lowered their price target on shares of Aptiv from $135.00 to $115.00 and set an “overweight” rating on the stock in a research report on Thursday, January 25th. Finally, Guggenheim lowered their price target on shares of Aptiv from $120.00 to $103.00 and set a “buy” rating on the stock in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $111.14.

Aptiv Stock Down 1.5 %

Shares of APTV opened at $71.92 on Wednesday. The firm has a market cap of $19.61 billion, a P/E ratio of 6.94, a price-to-earnings-growth ratio of 0.95 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 company’s 50-day moving average price is $78.16 and its 200 day moving average price is $82.76. 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 issued its quarterly earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. The company had revenue of $4.92 billion for the quarter, compared to analyst estimates of $4.95 billion. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. On average, sell-side analysts forecast that Aptiv PLC will post 5.66 earnings per share for the current year.

Aptiv 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.