AMP Capital Investors Ltd acquired a new stake in shares of Aptiv PLC (NYSE:APTV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 158,235 shares of the auto parts company’s stock, valued at approximately $13,421,000. AMP Capital Investors Ltd owned 0.06% of Aptiv as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Cerebellum GP LLC bought a new stake in shares of Aptiv in the fourth quarter worth $127,000. Huntington National Bank bought a new stake in shares of Aptiv in the fourth quarter worth $138,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Aptiv in the fourth quarter worth $144,000. IFP Advisors Inc bought a new stake in shares of Aptiv in the fourth quarter worth $162,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Aptiv in the fourth quarter worth $163,000. Institutional investors own 92.23% of the company’s stock.
A number of analysts recently issued reports on the stock. Goldman Sachs Group assumed coverage on shares of Aptiv in a research note on Tuesday, December 5th. They issued a “buy” rating and a $57.00 price target for the company. Royal Bank of Canada assumed coverage on shares of Aptiv in a research note on Monday, December 4th. They issued an “outperform” rating and a $60.00 price target for the company. Robert W. Baird assumed coverage on shares of Aptiv in a research note on Wednesday, November 22nd. They issued an “outperform” rating and a $61.00 price target for the company. Guggenheim assumed coverage on shares of Aptiv in a research note on Monday, November 27th. They issued a “buy” rating and a $70.00 price target for the company. Finally, Bank of America upgraded shares of Aptiv from a “neutral” rating to a “buy” rating and set a $120.00 price target for the company in a research note on Monday, November 20th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. Aptiv has an average rating of “Buy” and a consensus price target of $97.95.
Aptiv PLC (APTV) opened at $90.90 on Wednesday. Aptiv PLC has a 1-year low of $61.73 and a 1-year high of $96.91. The stock has a market cap of $23,950.00, a price-to-earnings ratio of 23.86, a PEG ratio of 1.44 and a beta of 1.47. The company has a current ratio of 1.59, a quick ratio of 1.29 and a debt-to-equity ratio of 1.17.
Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, February 1st. The auto parts company reported $1.28 earnings per share (EPS) for the quarter, missing the 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 firm had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same period last year, the firm posted $1.83 EPS. The business’s revenue was up 7.7% compared to the same quarter last year. sell-side analysts expect that Aptiv PLC will post 5.15 EPS for the current year.
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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.
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