Voya Investment Management LLC Has $93.15 Million Stake in Aptiv PLC (NYSE:APTV)

Voya Investment Management LLC lowered its stake in shares of Aptiv PLC (NYSE:APTV) by 1.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,540,175 shares of the auto parts company’s stock after selling 15,785 shares during the quarter. Voya Investment Management LLC owned about 0.67% of Aptiv worth $93,150,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Cartenna Capital LP acquired a new stake in shares of Aptiv during the 4th quarter worth $26,776,000. Quantessence Capital LLC acquired a new stake in Aptiv during the fourth quarter worth about $868,000. Tower Research Capital LLC TRC increased its holdings in Aptiv by 82.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 14,916 shares of the auto parts company’s stock valued at $902,000 after buying an additional 6,745 shares during the period. Ossiam raised its position in shares of Aptiv by 1,290.3% in the 4th quarter. Ossiam now owns 2,711 shares of the auto parts company’s stock valued at $164,000 after buying an additional 2,516 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Aptiv by 20.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,541,024 shares of the auto parts company’s stock worth $153,674,000 after acquiring an additional 433,857 shares during the period. Institutional investors own 94.21% of the company’s stock.

Insider Activity at Aptiv

In related news, SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total transaction of $954,204.00. Following the transaction, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at $8,203,023.50. This represents a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.45% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

APTV has been the topic of a number of recent analyst reports. Oppenheimer lifted their price objective on shares of Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Argus upgraded Aptiv to a “strong-buy” rating in a research report on Tuesday, February 11th. StockNews.com assumed coverage on shares of Aptiv in a report on Sunday, April 20th. They issued a “hold” rating for the company. Finally, Guggenheim reduced their price target on shares of Aptiv from $75.00 to $64.00 and set a “buy” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and an average price target of $81.94.

Aptiv Stock Up 3.2 %

Shares of NYSE APTV opened at $55.00 on Friday. The company’s 50 day moving average price is $59.61 and its 200-day moving average price is $60.61. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $85.56. The company has a market capitalization of $12.62 billion, a P/E ratio of 7.99, a price-to-earnings-growth ratio of 0.62 and a beta of 1.64.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. Equities analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.

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.