14,560 Shares in Aptiv PLC (NYSE:APTV) Purchased by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR bought a new stake in Aptiv PLC (NYSE:APTV) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,560 shares of the auto parts company’s stock, valued at approximately $881,000.

Other institutional investors also recently made changes to their positions in the company. Brown Brothers Harriman & Co. boosted its position in Aptiv by 1,410.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after purchasing an additional 409 shares during the period. Picton Mahoney Asset Management acquired a new position in shares of Aptiv during the fourth quarter valued at $37,000. Brooklyn Investment Group acquired a new position in shares of Aptiv during the third quarter valued at $43,000. CENTRAL TRUST Co grew its position in shares of Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after acquiring an additional 677 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new stake in Aptiv in the 3rd quarter valued at about $64,000. 94.21% of the stock is owned by institutional investors.

Aptiv Stock Down 0.4 %

APTV stock opened at $62.49 on Friday. The company’s 50 day simple moving average is $63.76 and its 200-day simple moving average is $63.30. Aptiv PLC has a 52-week low of $51.47 and a 52-week high of $85.56. 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 market capitalization of $14.34 billion, a P/E ratio of 9.08, a P/E/G 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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. As a group, equities research analysts anticipate that Aptiv PLC will post 7.2 EPS for the current year.

Insider Activity at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the sale, the senior vice president now owns 125,237 shares of the company’s stock, valued at $8,203,023.50. This trade represents a 10.42 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.34% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on APTV. Hsbc Global Res upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Barclays raised their target price on Aptiv from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Robert W. Baird raised Aptiv from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $75.00 to $82.00 in a research note on Monday, January 27th. HSBC upgraded shares of Aptiv from a “hold” rating to a “buy” rating and lifted their price objective for the company from $63.00 to $77.00 in a research note on Tuesday, February 4th. Finally, UBS Group increased their target price on shares of Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, Aptiv has a consensus rating of “Moderate Buy” and an average target price of $86.61.

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.