Aptiv PLC (NYSE:APTV) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 4.1% in the fourth quarter, Holdings Channel reports. The firm owned 14,663 shares of the auto parts company’s stock after acquiring an additional 577 shares during the period. HighTower Advisors LLC’s holdings in Aptiv were worth $887,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. lifted its stake in shares of Aptiv by 1,410.3% during the third 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 in the last quarter. Brooklyn Investment Group purchased a new stake in shares of Aptiv during the 3rd quarter valued at about $43,000. CENTRAL TRUST Co lifted its position in Aptiv by 356.3% during the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after acquiring an additional 677 shares in the last quarter. Transamerica Financial Advisors Inc. purchased a new position in Aptiv in the 3rd quarter worth approximately $64,000. Finally, SRS Capital Advisors Inc. raised its stake in shares of Aptiv by 93.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,904 shares of the auto parts company’s stock valued at $115,000 after purchasing an additional 918 shares during the period. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Trading Down 5.3 %

NYSE APTV opened at $62.31 on Friday. The firm has a market capitalization of $14.30 billion, a PE ratio of 9.06, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56. The company has a 50-day simple moving average of $64.06 and a 200-day simple moving average of $63.08. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, equities analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on APTV. Deutsche Bank Aktiengesellschaft raised shares of Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a report on Friday, February 7th. UBS Group raised their target price on Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Wells Fargo & Company boosted their price target on Aptiv from $76.00 to $86.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Finally, TD Cowen assumed coverage on Aptiv in a research report on Friday, March 7th. They issued a “buy” rating and a $90.00 target price on the stock. 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, Aptiv presently has an average rating of “Moderate Buy” and a consensus target price of $86.61.

Insiders Place Their Bets

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $8,203,023.50. This represents a 10.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.45% of the stock is owned by corporate insiders.

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.