First Horizon Advisors Inc. Buys 528 Shares of Aptiv PLC (NYSE:APTV)

First Horizon Advisors Inc. raised its position in Aptiv PLC (NYSE:APTV) by 11.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 5,160 shares of the auto parts company’s stock after acquiring an additional 528 shares during the period. First Horizon Advisors Inc.’s holdings in Aptiv were worth $312,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Proactive Wealth Strategies LLC bought a new position in shares of Aptiv in the third quarter valued at approximately $1,815,000. Focus Financial Network Inc. bought a new position in Aptiv during the fourth quarter valued at $379,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Aptiv by 73.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 111,401 shares of the auto parts company’s stock worth $8,022,000 after acquiring an additional 47,215 shares during the period. Public Employees Retirement System of Ohio bought a new stake in Aptiv in the 3rd quarter valued at about $14,893,000. Finally, Shorepath Capital Management LLC raised its position in shares of Aptiv by 21.8% in the fourth quarter. Shorepath Capital Management LLC now owns 66,104 shares of the auto parts company’s stock valued at $3,998,000 after purchasing an additional 11,835 shares during the period. Institutional investors own 94.21% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. TD Cowen dropped 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. Evercore ISI dropped their price objective on Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, February 10th. Morgan Stanley reduced their target price on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating on the stock in a research report on Thursday, November 14th. Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Finally, Robert W. Baird raised Aptiv from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $75.00 to $82.00 in a 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 assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $85.61.

Aptiv Trading Down 0.2 %

Shares of NYSE APTV opened at $66.69 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $15.30 billion, a PE ratio of 9.69, a PEG ratio of 0.62 and a beta of 1.74. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56. The stock has a fifty day simple moving average of $62.37 and a 200-day simple moving average of $63.92.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. On average, equities analysts forecast that Aptiv PLC will post 7.2 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.