Sanctuary Advisors LLC Buys 3,796 Shares of Aptiv PLC (NYSE:APTV)

Sanctuary Advisors LLC boosted its position in Aptiv PLC (NYSE:APTV) by 42.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 12,760 shares of the auto parts company’s stock after purchasing an additional 3,796 shares during the period. Sanctuary Advisors LLC’s holdings in Aptiv were worth $803,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. FMR LLC raised its holdings in shares of Aptiv by 20.4% in the 3rd quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock worth $550,759,000 after purchasing an additional 1,294,670 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Aptiv by 1,390.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock worth $386,103,000 after buying an additional 5,002,090 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Aptiv by 29.9% during the third quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company’s stock worth $336,861,000 after purchasing an additional 1,090,766 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Aptiv by 19.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,854,301 shares of the auto parts company’s stock worth $172,117,000 after buying an additional 468,069 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its position in Aptiv by 18.5% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,488,395 shares of the auto parts company’s stock valued at $179,189,000 after purchasing an additional 388,045 shares in the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on APTV. Morgan Stanley lowered their price objective on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating for the company in a report on Thursday, November 14th. TD Cowen decreased their price objective on Aptiv from $95.00 to $74.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Oppenheimer boosted their target price on Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Royal Bank of Canada raised their price target on Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Finally, Robert W. Baird upgraded Aptiv from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $75.00 to $82.00 in a research report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.61.

Aptiv Stock Down 1.3 %

Shares of NYSE:APTV opened at $65.37 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. Aptiv PLC has a 52-week low of $51.47 and a 52-week high of $85.56. The firm has a market capitalization of $15.00 billion, a P/E ratio of 9.50, a P/E/G ratio of 0.62 and a beta of 1.74. The stock has a 50 day moving average price of $62.73 and a 200-day moving average price of $63.95.

Aptiv (NYSE:APTV) last announced its earnings results 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%. As a group, equities research analysts anticipate that Aptiv PLC will post 7.2 EPS for the current fiscal 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.