Teachers Retirement System of The State of Kentucky lowered its stake in shares of Aptiv PLC (NYSE:APTV – Free Report) by 4.8% in the first quarter, HoldingsChannel reports. The fund owned 435,558 shares of the auto parts company’s stock after selling 22,100 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Aptiv were worth $30,245,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. State Street Corp grew its holdings in Aptiv by 4.3% in the fourth quarter. State Street Corp now owns 10,066,712 shares of the auto parts company’s stock valued at $765,976,000 after purchasing an additional 419,375 shares during the period. Norges Bank purchased a new position in Aptiv during the fourth quarter worth approximately $634,961,000. Geode Capital Management LLC boosted its holdings in shares of Aptiv by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 5,821,615 shares of the auto parts company’s stock valued at $441,289,000 after purchasing an additional 99,876 shares during the last quarter. Nordea Investment Management AB boosted its holdings in shares of Aptiv by 34.2% in the 4th quarter. Nordea Investment Management AB now owns 4,579,726 shares of the auto parts company’s stock valued at $349,067,000 after purchasing an additional 1,167,946 shares during the last quarter. Finally, Boston Partners grew its stake in shares of Aptiv by 29.2% during the 3rd quarter. Boston Partners now owns 4,194,909 shares of the auto parts company’s stock valued at $361,385,000 after buying an additional 948,327 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In related news, EVP Katherine H. Ramundo sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $78.30, for a total transaction of $156,600.00. Following the completion of the transaction, the executive vice president owned 163,752 shares in the company, valued at $12,821,781.60. The trade was a 1.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.06% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Stock Report on APTV
Aptiv Price Performance
Shares of NYSE:APTV opened at $60.62 on Monday. The company has a market cap of $12.83 billion, a PE ratio of 35.87, a P/E/G ratio of 1.12 and a beta of 1.46. Aptiv PLC has a fifty-two week low of $51.68 and a fifty-two week high of $88.93. The firm has a 50-day simple moving average of $61.49 and a 200 day simple moving average of $69.08. The company has a quick ratio of 1.57, a current ratio of 2.11 and a debt-to-equity ratio of 0.98.
Aptiv (NYSE:APTV – Get Free Report) last issued its earnings results on Wednesday, May 6th. The auto parts company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. The company had revenue of $5.09 billion during the quarter, compared to the consensus estimate of $5.03 billion. Aptiv had a return on equity of 17.83% and a net margin of 1.77%.Aptiv’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.69 earnings per share. On average, sell-side analysts anticipate that Aptiv PLC will post 5.96 EPS for the current year.
About Aptiv
Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.
Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.
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