O Shaughnessy Asset Management LLC Purchases 1,271 Shares of Aptiv PLC (NYSE:APTV)

O Shaughnessy Asset Management LLC raised its position in Aptiv PLC (NYSE:APTV) by 27.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,870 shares of the auto parts company’s stock after purchasing an additional 1,271 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Aptiv were worth $355,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Picton Mahoney Asset Management bought a new stake in Aptiv during the fourth quarter valued at $37,000. CENTRAL TRUST Co raised its holdings in shares of Aptiv by 356.3% in the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after acquiring an additional 677 shares in the last quarter. SRS Capital Advisors Inc. boosted its position in shares of Aptiv by 93.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,904 shares of the auto parts company’s stock valued at $115,000 after acquiring an additional 918 shares during the last quarter. World Investment Advisors LLC purchased a new position in shares of Aptiv during the third quarter worth about $212,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of Aptiv in the third quarter worth approximately $234,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Stock Down 2.9 %

NYSE APTV opened at $48.00 on Friday. Aptiv PLC has a 1 year low of $47.19 and a 1 year high of $85.56. The stock has a market capitalization of $11.01 billion, a PE ratio of 6.98, a PEG ratio of 0.62 and a beta of 1.64. 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’s 50-day moving average is $61.94 and its 200 day moving average is $61.74.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping 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%. Sell-side analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.

Insider Buying and Selling at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of the firm’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 sale, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at approximately $8,203,023.50. This trade represents a 10.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.45% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on APTV shares. UBS Group reiterated a “neutral” rating and set a $58.00 target price (down from $91.00) on shares of Aptiv in a research report on Thursday. HSBC upgraded shares of Aptiv from a “hold” rating to a “buy” rating and upped their target price for the stock from $63.00 to $77.00 in a research report on Tuesday, February 4th. Baird R W raised Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Barclays upped their price objective on Aptiv from $75.00 to $80.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Finally, Robert W. Baird upgraded Aptiv from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $75.00 to $82.00 in a research report on Monday, January 27th. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.78.

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.