United Capital Financial Advisers LLC Has $5.01 Million Stock Holdings in Aptiv PLC (NYSE:APTV)

United Capital Financial Advisers LLC raised its position in Aptiv PLC (NYSE:APTVGet Rating) by 19.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 56,292 shares of the auto parts company’s stock after purchasing an additional 9,031 shares during the period. United Capital Financial Advisers LLC’s holdings in Aptiv were worth $5,014,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SeaBridge Investment Advisors LLC grew its holdings in Aptiv by 2.7% in the 1st quarter. SeaBridge Investment Advisors LLC now owns 4,447 shares of the auto parts company’s stock valued at $532,000 after buying an additional 118 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of Aptiv by 11.4% during the 1st quarter. Quadrant Capital Group LLC now owns 1,186 shares of the auto parts company’s stock valued at $141,000 after acquiring an additional 121 shares during the period. Desjardins Global Asset Management Inc. lifted its position in shares of Aptiv by 14.8% during the 2nd quarter. Desjardins Global Asset Management Inc. now owns 947 shares of the auto parts company’s stock valued at $84,000 after acquiring an additional 122 shares during the period. Copperwynd Financial LLC lifted its position in shares of Aptiv by 2.5% during the 2nd quarter. Copperwynd Financial LLC now owns 5,458 shares of the auto parts company’s stock valued at $486,000 after acquiring an additional 134 shares during the period. Finally, Connable Office Inc. lifted its position in shares of Aptiv by 1.2% during the 1st quarter. Connable Office Inc. now owns 12,288 shares of the auto parts company’s stock valued at $1,471,000 after acquiring an additional 141 shares during the period. 90.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Morgan Stanley cut their target price on Aptiv from $149.00 to $120.00 and set an “overweight” rating for the company in a research report on Thursday, August 11th. StockNews.com assumed coverage on Aptiv in a research report on Wednesday, October 12th. They set a “hold” rating for the company. Cowen cut their target price on Aptiv to $130.00 in a research report on Tuesday, August 9th. Raymond James cut their target price on Aptiv from $145.00 to $125.00 and set an “outperform” rating for the company in a research report on Friday, November 4th. Finally, Oppenheimer cut their target price on Aptiv from $172.00 to $162.00 and set an “outperform” rating for the company in a research report on Monday, August 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $140.67.

Aptiv Price Performance

Aptiv stock opened at $106.91 on Thursday. The company has a current ratio of 2.66, a quick ratio of 2.10 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $28.97 billion, a PE ratio of 92.97, a P/E/G ratio of 2.91 and a beta of 2.00. Aptiv PLC has a 12 month low of $77.96 and a 12 month high of $175.91. The stock has a 50-day moving average price of $92.15 and a two-hundred day moving average price of $95.62.

Aptiv (NYSE:APTVGet Rating) last posted its earnings results on Thursday, November 3rd. The auto parts company reported $1.28 EPS for the quarter, beating the consensus estimate of $0.99 by $0.29. The firm had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $4.30 billion. Aptiv had a return on equity of 9.06% and a net margin of 2.21%. The business’s quarterly revenue was up 26.3% on a year-over-year basis. During the same period last year, the company earned $0.38 earnings per share. Analysts expect that Aptiv PLC will post 3.37 EPS for the current year.

Insider Buying and Selling at Aptiv

In other Aptiv news, CEO Kevin P. Clark sold 6,665 shares of the stock in a transaction dated Wednesday, September 14th. The stock was sold at an average price of $97.03, for a total value of $646,704.95. Following the completion of the transaction, the chief executive officer now directly owns 612,557 shares in the company, valued at $59,436,405.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.41% of the company’s stock.

Aptiv Profile

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Aptiv Plc is an global technology and mobility architecture company, which engages in the design and manufacture vehicle components. It operates through the Signal and Power Solutions, and Advanced Safety and User Experience segments. The Signal and Power Solutions segment includes complete electrical architecture and component products.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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