Aptiv (NYSE:APTV) Reaches New 12-Month Low – Should You Sell?

Aptiv PLC (NYSE:APTV)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $51.16 and last traded at $51.86, with a volume of 529387 shares. The stock had previously closed at $55.39.

Analyst Upgrades and Downgrades

APTV has been the topic of a number of recent research reports. StockNews.com started coverage on Aptiv in a research report on Friday. They issued a “hold” rating on the stock. Barclays increased their price objective on shares of Aptiv from $75.00 to $80.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Raymond James restated a “market perform” rating on shares of Aptiv in a research report on Monday, February 3rd. Robert W. Baird raised Aptiv from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $75.00 to $82.00 in a research report on Monday, January 27th. Finally, Hsbc Global Res raised Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and an average target price of $86.61.

Aptiv Trading Down 4.2 %

The company has a fifty day moving average of $63.55 and a 200-day moving average of $62.64. The company has a market capitalization of $12.18 billion, a price-to-earnings ratio of 7.71, a PEG ratio of 0.62 and a beta of 1.78. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping 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%. As a group, equities research analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Insider Transactions at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the 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 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Aptiv

Several hedge funds and other institutional investors have recently made changes to their positions in APTV. Picton Mahoney Asset Management purchased a new stake in Aptiv in the 4th quarter valued at $37,000. Versant Capital Management Inc grew its holdings in shares of Aptiv by 201.7% in the first quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 470 shares during the period. CENTRAL TRUST Co increased its position in Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after purchasing an additional 677 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in Aptiv by 164.7% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,363 shares of the auto parts company’s stock worth $81,000 after purchasing an additional 848 shares during the period. Finally, GeoWealth Management LLC boosted its holdings in Aptiv by 203.2% in the 4th quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company’s stock valued at $92,000 after purchasing an additional 1,022 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

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.