Aptiv PLC (NYSE:APTV) SVP Vos Glen W. De sold 2,700 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $88.73, for a total value of $239,571.00. Following the completion of the transaction, the senior vice president now directly owns 47,462 shares of the company’s stock, valued at $4,211,303.26. The transaction was disclosed in a document filed with the SEC, which is available through this link.
APTV stock traded up $2.21 during midday trading on Thursday, hitting $90.10. The stock had a trading volume of 31,281 shares, compared to its average volume of 1,181,306. The firm has a market cap of $22.72 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 1.47 and a beta of 2.01. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.39 and a quick ratio of 1.04. Aptiv PLC has a 12-month low of $63.36 and a 12-month high of $99.04. The company’s 50-day moving average price is $93.83 and its 200 day moving average price is $87.77.
Aptiv (NYSE:APTV) last issued its quarterly earnings results on Wednesday, October 30th. The auto parts company reported $1.27 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.27. Aptiv had a return on equity of 34.88% and a net margin of 6.99%. The company had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.61 billion. During the same period in the previous year, the firm posted $1.24 EPS. Aptiv’s revenue was up 2.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Aptiv PLC will post 4.67 EPS for the current year.
Several large investors have recently made changes to their positions in APTV. Cerebellum GP LLC increased its stake in Aptiv by 14.0% in the fourth quarter. Cerebellum GP LLC now owns 5,785 shares of the auto parts company’s stock valued at $549,000 after purchasing an additional 710 shares during the last quarter. AE Wealth Management LLC lifted its position in Aptiv by 11.2% during the fourth quarter. AE Wealth Management LLC now owns 14,126 shares of the auto parts company’s stock worth $1,342,000 after buying an additional 1,420 shares during the period. Calamos Advisors LLC lifted its position in Aptiv by 95.6% during the fourth quarter. Calamos Advisors LLC now owns 491,419 shares of the auto parts company’s stock worth $46,670,000 after buying an additional 240,213 shares during the period. Calamos Wealth Management LLC purchased a new position in Aptiv during the fourth quarter worth about $515,000. Finally, Legacy Private Trust Co. lifted its position in Aptiv by 8.8% during the fourth quarter. Legacy Private Trust Co. now owns 41,479 shares of the auto parts company’s stock worth $3,940,000 after buying an additional 3,340 shares during the period. 93.52% of the stock is owned by institutional investors and hedge funds.
Several equities analysts recently weighed in on APTV shares. ValuEngine downgraded Aptiv from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Wolfe Research raised Aptiv from a “peer perform” rating to an “outperform” rating and set a $101.00 price objective for the company in a research note on Friday, November 22nd. Piper Jaffray Companies raised Aptiv from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $81.00 to $114.00 in a research note on Tuesday, December 3rd. Guggenheim started coverage on Aptiv in a research note on Tuesday, October 15th. They issued a “buy” rating and a $98.00 price objective for the company. Finally, Credit Suisse Group reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Aptiv in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $96.14.
Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.
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