Broderick Brian C Has $838,000 Stock Holdings in Aptiv PLC (NYSE:APTV)

Broderick Brian C decreased its stake in shares of Aptiv PLC (NYSE:APTV) by 48.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,640 shares of the auto parts company’s stock after selling 10,838 shares during the period. Broderick Brian C’s holdings in Aptiv were worth $838,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Independence Bank of Kentucky acquired a new position in Aptiv in the second quarter valued at $25,000. Clearstead Trust LLC lifted its stake in shares of Aptiv by 305.0% in the 1st quarter. Clearstead Trust LLC now owns 405 shares of the auto parts company’s stock valued at $32,000 after purchasing an additional 305 shares during the period. Crewe Advisors LLC increased its position in shares of Aptiv by 94.7% during the second quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock valued at $31,000 after acquiring an additional 215 shares in the last quarter. Wolff Wiese Magana LLC lifted 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 worth $36,000 after purchasing an additional 155 shares during the period. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of Aptiv during the 2nd quarter valued at $38,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Stock Performance

NYSE APTV opened at $54.04 on Friday. The stock has a market capitalization of $12.70 billion, a PE ratio of 6.03, a P/E/G ratio of 0.50 and a beta of 1.81. The business has a 50 day simple moving average of $67.15 and a two-hundred day simple moving average of $71.60. Aptiv PLC has a 1-year low of $52.81 and a 1-year high of $91.66. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.15. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The firm had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter in the previous year, the company posted $1.30 earnings per share. The company’s revenue was down 5.1% compared to the same quarter last year. On average, research analysts predict that Aptiv PLC will post 6.18 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Morgan Stanley decreased their price objective on Aptiv from $68.00 to $60.00 and set an “underweight” rating for the company in a report on Thursday. Wells Fargo & Company upgraded Aptiv from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $78.00 to $87.00 in a report on Friday, September 20th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Aptiv from $76.00 to $66.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. Wolfe Research initiated coverage on Aptiv in a research report on Thursday, September 5th. They set an “outperform” rating and a $89.00 target price on the stock. Finally, JPMorgan Chase & Co. lifted their price target on shares of Aptiv from $107.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, October 21st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $86.53.

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.