Frank J. Dellaquila Acquires 500 Shares of Aptiv PLC (APTV) Stock

Aptiv PLC (NYSE:APTV) Director Frank J. Dellaquila acquired 500 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The stock was bought at an average cost of $86.50 per share, for a total transaction of $43,250.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Aptiv PLC (APTV) traded up $2.91 during mid-day trading on Monday, reaching $91.47. The company had a trading volume of 702,810 shares, compared to its average volume of 2,177,149. The company has a current ratio of 1.59, a quick ratio of 1.29 and a debt-to-equity ratio of 1.17. The firm has a market cap of $23,840.00, a price-to-earnings ratio of 23.62, a price-to-earnings-growth ratio of 1.38 and a beta of 1.48. Aptiv PLC has a twelve month low of $61.73 and a twelve month high of $96.91.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, February 1st. The auto parts company reported $1.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.33 by ($0.05). Aptiv had a net margin of 8.27% and a return on equity of 50.01%. The company had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.31 billion. During the same period in the prior year, the firm earned $1.83 EPS. Aptiv’s quarterly revenue was up 7.7% compared to the same quarter last year. research analysts anticipate that Aptiv PLC will post 5.15 EPS for the current year.

The firm also recently disclosed a Not Available dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Monday, February 5th will be given a $0.22 dividend. The ex-dividend date of this dividend is Friday, February 2nd. Aptiv’s payout ratio is 23.10%.

A number of analysts have issued reports on APTV shares. Guggenheim started coverage on Aptiv in a report on Monday, November 27th. They issued a “buy” rating and a $70.00 target price on the stock. Jefferies Group set a $100.00 target price on Aptiv and gave the company a “buy” rating in a report on Monday, December 18th. Royal Bank of Canada started coverage on Aptiv in a report on Monday, December 4th. They issued an “outperform” rating and a $60.00 target price on the stock. Barclays set a $114.00 target price on Aptiv and gave the company a “buy” rating in a report on Friday, October 20th. Finally, Citigroup raised their target price on Aptiv from $115.00 to $116.00 and gave the company a “buy” rating in a report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $97.84.

A number of institutional investors and hedge funds have recently modified their holdings of APTV. Exxonmobil Investment Management Inc. TX bought a new position in Aptiv in the 4th quarter valued at $3,586,000. American National Bank bought a new position in Aptiv in the 4th quarter valued at $3,632,000. Appleton Partners Inc. MA bought a new position in Aptiv in the 4th quarter valued at $823,000. Nisa Investment Advisors LLC bought a new stake in shares of Aptiv during the fourth quarter worth $1,857,000. Finally, Bremer Trust National Association bought a new stake in shares of Aptiv during the fourth quarter worth $1,914,000. Hedge funds and other institutional investors own 88.20% of the company’s stock.

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Aptiv Company Profile

Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.

Insider Buying and Selling by Quarter for Aptiv (NYSE:APTV)

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