Stephens Inc. AR Acquires 201 Shares of Aptiv PLC (NYSE:APTV)

Stephens Inc. AR raised its holdings in Aptiv PLC (NYSE:APTV) by 5.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,941 shares of the auto parts company’s stock after acquiring an additional 201 shares during the quarter. Stephens Inc. AR’s holdings in Aptiv were worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of APTV. Mather Group LLC. grew its position in Aptiv by 155.2% in the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 385 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Aptiv by 201.7% in the 1st quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company’s stock worth $42,000 after buying an additional 470 shares during the period. UMB Bank n.a. purchased a new stake in shares of Aptiv in the 1st quarter worth $48,000. Blue Trust Inc. lifted its holdings in shares of Aptiv by 48.4% in the 1st quarter. Blue Trust Inc. now owns 1,245 shares of the auto parts company’s stock worth $74,000 after buying an additional 406 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Aptiv by 164.7% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,363 shares of the auto parts company’s stock worth $81,000 after buying an additional 848 shares during the period. Institutional investors own 94.21% of the company’s stock.

Aptiv Stock Performance

Shares of Aptiv stock opened at $68.16 on Monday. Aptiv PLC has a one year low of $47.19 and a one year high of $80.95. The company has a market cap of $14.84 billion, a price-to-earnings ratio of 11.28, a PEG ratio of 0.76 and a beta of 1.46. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.11 and a current ratio of 1.61. The business’s 50 day moving average price is $68.51 and its 200 day moving average price is $63.30.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Thursday, May 1st. The auto parts company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.14. Aptiv had a return on equity of 17.24% and a net margin of 7.93%. The firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.78 billion. During the same quarter last year, the business posted $1.16 earnings per share. The firm’s revenue was down 1.6% compared to the same quarter last year. On average, research analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on APTV. Guggenheim cut Aptiv from a “buy” rating to a “neutral” rating in a report on Wednesday, June 4th. Wolfe Research cut Aptiv from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 2nd. Morgan Stanley decreased their price objective on Aptiv from $60.00 to $55.00 and set an “underweight” rating for the company in a research note on Monday, May 19th. Royal Bank Of Canada increased their price target on Aptiv from $60.00 to $77.00 and gave the company an “outperform” rating in a research note on Friday, May 2nd. Finally, Bank of America increased their price target on Aptiv from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, June 16th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $81.63.

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.