Aptiv PLC (NYSE:APTV) Shares Acquired by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC boosted its holdings in Aptiv PLC (NYSE:APTV) by 169.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,875 shares of the auto parts company’s stock after acquiring an additional 28,828 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Aptiv were worth $2,775,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in APTV. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Aptiv by 1,390.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock valued at $386,103,000 after acquiring an additional 5,002,090 shares in the last quarter. Harris Associates L P acquired a new stake in Aptiv in the third quarter worth approximately $162,640,000. Point72 Asset Management L.P. bought a new position in Aptiv during the 3rd quarter valued at $143,909,000. FMR LLC increased its position in shares of Aptiv by 20.4% during the 3rd quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock valued at $550,759,000 after purchasing an additional 1,294,670 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of Aptiv by 29.9% in the 3rd quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company’s stock worth $336,861,000 after buying an additional 1,090,766 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Trading Down 0.2 %

Shares of NYSE:APTV opened at $61.19 on Monday. The firm has a fifty day moving average of $57.85 and a two-hundred day moving average of $65.01. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91. Aptiv PLC has a 12-month low of $51.47 and a 12-month high of $88.89. The firm has a market capitalization of $14.38 billion, a P/E ratio of 6.83, a price-to-earnings-growth ratio of 0.53 and a beta of 1.75.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, beating 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 for 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 business’s quarterly revenue was down 5.1% compared to the same quarter last year. On average, equities analysts expect that Aptiv PLC will post 6.15 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on APTV. Barclays decreased their target price on Aptiv from $100.00 to $80.00 and set an “overweight” rating for the company in a research note on Monday, November 4th. TD Cowen reduced their price objective on shares of Aptiv from $95.00 to $74.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Royal Bank of Canada dropped their target price on shares of Aptiv from $82.00 to $72.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. StockNews.com initiated coverage on shares of Aptiv in a report on Tuesday, January 14th. They set a “hold” rating for the company. Finally, Oppenheimer dropped their price target on Aptiv from $147.00 to $83.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Aptiv presently has a consensus rating of “Moderate Buy” and an average target price of $84.29.

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.