Copperwynd Financial LLC Trims Stock Position in Aptiv PLC (NYSE:APTV)

Copperwynd Financial LLC cut its stake in shares of Aptiv PLC (NYSE:APTV) by 49.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,031 shares of the auto parts company’s stock after selling 3,927 shares during the quarter. Copperwynd Financial LLC’s holdings in Aptiv were worth $244,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Catalyst Funds Management Pty Ltd boosted its stake in shares of Aptiv by 387.5% during the fourth quarter. Catalyst Funds Management Pty Ltd now owns 15,600 shares of the auto parts company’s stock valued at $943,000 after purchasing an additional 12,400 shares in the last quarter. Picton Mahoney Asset Management bought a new position in shares of Aptiv during the fourth quarter valued at approximately $37,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Aptiv during the fourth quarter valued at approximately $6,597,000. HighTower Advisors LLC boosted its stake in shares of Aptiv by 4.1% during the fourth quarter. HighTower Advisors LLC now owns 14,663 shares of the auto parts company’s stock valued at $887,000 after purchasing an additional 577 shares in the last quarter. Finally, Marathon Trading Investment Management LLC bought a new position in shares of Aptiv during the fourth quarter valued at approximately $1,289,000. 94.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the transaction, the senior vice president now owns 125,237 shares of the company’s stock, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.34% of the stock is owned by corporate insiders.

Aptiv Trading Up 1.8 %

Shares of Aptiv stock opened at $63.28 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The firm has a fifty day moving average price of $63.64 and a 200 day moving average price of $63.53. Aptiv PLC has a 1 year low of $51.47 and a 1 year high of $85.56. The stock has a market cap of $14.52 billion, a PE ratio of 9.20, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78.

Aptiv (NYSE:APTV) last released its quarterly earnings data 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%. Equities research analysts predict that Aptiv PLC will post 7.2 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on APTV shares. Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Argus upgraded shares of Aptiv to a “strong-buy” rating in a research note on Tuesday, February 11th. Royal Bank of Canada raised their target price on shares of Aptiv from $75.00 to $82.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Barclays raised their target price on shares of Aptiv from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Finally, Evercore ISI lowered their target price on shares of Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $86.50.

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.