10,877 Shares in Aptiv PLC (NYSE:APTV) Bought by Virtu Financial LLC

Virtu Financial LLC bought a new position in shares of Aptiv PLC (NYSE:APTV) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,877 shares of the auto parts company’s stock, valued at approximately $783,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Independence Bank of Kentucky bought a new position in shares of Aptiv during the second quarter worth about $25,000. Brown Brothers Harriman & Co. raised its holdings 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 worth $32,000 after purchasing an additional 409 shares during the last quarter. Crewe Advisors LLC lifted its position in shares of Aptiv by 94.7% in the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock worth $31,000 after purchasing an additional 215 shares during the period. Wolff Wiese Magana LLC boosted its stake in shares of Aptiv by 44.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after purchasing an additional 155 shares during the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of Aptiv during the second quarter worth $38,000. 94.21% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on APTV. Barclays dropped their target price on shares of Aptiv from $100.00 to $80.00 and set an “overweight” rating on the stock in a report on Monday, November 4th. Royal Bank of Canada dropped their price objective on Aptiv from $82.00 to $72.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Fox Advisors cut Aptiv from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, October 1st. Bank of America dropped their price target on Aptiv from $105.00 to $102.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. Finally, Guggenheim reaffirmed a “buy” rating and set a $73.00 price objective on shares of Aptiv in a research report on Thursday, December 5th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $85.29.

Aptiv Stock Down 1.0 %

Shares of NYSE APTV opened at $57.97 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06. The company has a 50-day moving average price of $60.90 and a 200-day moving average price of $67.85. The stock has a market capitalization of $13.63 billion, a P/E ratio of 6.47, a P/E/G ratio of 0.59 and a beta of 1.78. Aptiv PLC has a 1 year low of $51.47 and a 1 year high of $91.66.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.15. The business had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $5.10 billion. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The company’s quarterly revenue was down 5.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.30 EPS. On average, equities research analysts forecast that Aptiv PLC will post 6.15 EPS for the current fiscal year.

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.