Tredje AP fonden Has $1.28 Million Stock Position in Aptiv PLC (NYSE:APTV)

Tredje AP fonden reduced its stake in Aptiv PLC (NYSE:APTV) by 50.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,116 shares of the auto parts company’s stock after selling 21,115 shares during the quarter. Tredje AP fonden’s holdings in Aptiv were worth $1,277,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Brothers Harriman & Co. lifted its stake in shares of Aptiv by 1,410.3% in the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after acquiring an additional 409 shares during the period. Brooklyn Investment Group acquired a new position in Aptiv in the third quarter valued at approximately $43,000. CENTRAL TRUST Co lifted its stake in Aptiv by 356.3% in the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after buying an additional 677 shares during the period. Transamerica Financial Advisors Inc. acquired a new position in Aptiv in the third quarter valued at approximately $64,000. Finally, SRS Capital Advisors Inc. lifted its stake in Aptiv by 93.1% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,904 shares of the auto parts company’s stock valued at $115,000 after buying an additional 918 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of the company’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the transaction, the senior vice president now owns 125,237 shares of the company’s stock, valued at $8,203,023.50. This represents a 10.42 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.34% of the company’s stock.

Aptiv Stock Up 1.8 %

Shares of NYSE:APTV opened at $63.28 on Friday. The company has a market capitalization 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. 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 business has a fifty day moving average price of $63.64 and a two-hundred 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.

Aptiv (NYSE:APTV) last announced 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%. Analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. HSBC raised Aptiv from a “hold” rating to a “buy” rating and boosted their price target for the company from $63.00 to $77.00 in a research note on Tuesday, February 4th. Hsbc Global Res raised Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. StockNews.com assumed coverage on Aptiv in a research note on Tuesday. They issued a “hold” rating on the stock. Raymond James reaffirmed a “market perform” rating on shares of Aptiv in a research report on Monday, February 3rd. Finally, Argus raised Aptiv to a “strong-buy” rating in a research report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $86.50.

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.