Generali Investments CEE investicni spolecnost a.s. Invests $204,000 in Aptiv PLC (NYSE:APTV)

Generali Investments CEE investicni spolecnost a.s. purchased a new position in Aptiv PLC (NYSE:APTV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,373 shares of the auto parts company’s stock, valued at approximately $204,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of APTV. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Aptiv by 1,390.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock worth $386,103,000 after buying an additional 5,002,090 shares during the last quarter. Harris Associates L P purchased a new position in shares of Aptiv in the 3rd quarter worth $162,640,000. Point72 Asset Management L.P. purchased a new position in shares of Aptiv in the 3rd quarter worth $143,909,000. FMR LLC boosted its stake in shares of Aptiv by 20.4% in the 3rd quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock worth $550,759,000 after buying an additional 1,294,670 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Aptiv by 29.9% in the 3rd quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company’s stock worth $336,861,000 after buying an additional 1,090,766 shares during the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

APTV has been the topic of a number of recent research reports. Royal Bank of Canada raised their target price on Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Robert W. Baird raised Aptiv from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $75.00 to $82.00 in a report on Monday, January 27th. Hsbc Global Res raised Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. UBS Group raised their target price on Aptiv from $82.00 to $91.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, StockNews.com initiated coverage on Aptiv in a report on Monday, March 3rd. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Aptiv has an average rating of “Moderate Buy” and an average price target of $86.50.

Aptiv Trading Up 2.6 %

Shares of Aptiv stock opened at $66.81 on Monday. The firm has a market cap of $15.33 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 0.62 and a beta of 1.78. The business has a 50-day moving average price of $63.34 and a 200-day moving average price of $63.70. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56.

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

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.