Wealth Alliance Has $290,000 Position in Aptiv PLC (NYSE:APTV)

Wealth Alliance reduced its stake in shares of Aptiv PLC (NYSE:APTV) by 10.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,231 shares of the auto parts company’s stock after selling 378 shares during the quarter. Wealth Alliance’s holdings in Aptiv were worth $290,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Toroso Investments LLC lifted its stake in Aptiv by 3.3% in the third quarter. Toroso Investments LLC now owns 3,320 shares of the auto parts company’s stock valued at $260,000 after acquiring an additional 107 shares during the last quarter. Cim Investment Management Inc. lifted its stake in Aptiv by 4.4% in the first quarter. Cim Investment Management Inc. now owns 2,650 shares of the auto parts company’s stock valued at $297,000 after acquiring an additional 111 shares during the last quarter. BSW Wealth Partners lifted its stake in Aptiv by 2.7% in the first quarter. BSW Wealth Partners now owns 4,198 shares of the auto parts company’s stock valued at $471,000 after acquiring an additional 111 shares during the last quarter. Advisory Services Network LLC lifted its stake in Aptiv by 0.9% in the first quarter. Advisory Services Network LLC now owns 14,152 shares of the auto parts company’s stock valued at $1,588,000 after acquiring an additional 121 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in shares of Aptiv by 7.8% in the third quarter. Assetmark Inc. now owns 1,780 shares of the auto parts company’s stock worth $175,000 after buying an additional 129 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 18,680 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $77.69, for a total value of $1,451,249.20. Following the sale, the senior vice president now owns 95,211 shares of the company’s stock, valued at approximately $7,396,942.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.34% of the company’s stock.

Aptiv Trading Down 0.0 %

Shares of APTV stock opened at $69.32 on Friday. Aptiv PLC has a 1 year low of $68.84 and a 1 year high of $113.60. The firm’s fifty day simple moving average is $77.67 and its 200 day simple moving average is $82.57. The firm has a market capitalization of $18.90 billion, a P/E ratio of 6.69, a price-to-earnings-growth ratio of 0.93 and a beta of 1.90. The company has a current ratio of 1.72, a quick ratio of 1.22 and a debt-to-equity ratio of 0.53.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.11. The firm had revenue of $4.92 billion for the quarter, compared to analyst estimates of $4.95 billion. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. As a group, sell-side analysts predict that Aptiv PLC will post 5.66 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on APTV. Robert W. Baird cut shares of Aptiv from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $105.00 to $96.00 in a research note on Wednesday, January 3rd. Wells Fargo & Company reduced their price objective on shares of Aptiv from $84.00 to $83.00 in a research note on Monday, April 8th. Guggenheim reduced their price objective on shares of Aptiv from $103.00 to $92.00 and set a “buy” rating for the company in a research note on Wednesday. Morgan Stanley cut shares of Aptiv from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $90.00 to $74.00 in a research note on Wednesday, February 7th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Aptiv from $135.00 to $115.00 and set an “overweight” rating for the company in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, Aptiv has an average rating of “Moderate Buy” and a consensus price target of $110.36.

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.