Aptiv (NYSE:APTV) Given Market Perform Rating at Raymond James

Aptiv (NYSE:APTV)‘s stock had its “market perform” rating restated by equities researchers at Raymond James in a research report issued on Monday, Marketbeat reports.

Several other analysts also recently issued reports on APTV. Bank of America dropped their price target on Aptiv from $105.00 to $102.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. Deutsche Bank Aktiengesellschaft dropped their target price on Aptiv from $76.00 to $66.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. Guggenheim reaffirmed a “buy” rating and set a $73.00 price target on shares of Aptiv in a research report on Thursday, December 5th. Barclays cut their price objective on shares of Aptiv from $80.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 22nd. Finally, Morgan Stanley decreased their target price on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating for the company in a research report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $85.00.

Aptiv Trading Up 1.2 %

Shares of NYSE:APTV opened at $61.40 on Monday. The firm has a market cap of $14.43 billion, a price-to-earnings ratio of 6.85, a PEG ratio of 0.55 and a beta of 1.74. Aptiv has a 12 month low of $51.47 and a 12 month high of $85.56. The company’s fifty day simple moving average is $59.67 and its 200 day simple moving average is $64.32. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91.

Institutional Investors Weigh In On Aptiv

Hedge funds have recently added to or reduced their stakes in the business. Wolff Wiese Magana LLC increased its holdings in shares of Aptiv by 44.3% in the third quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after purchasing an additional 155 shares during the last quarter. Mather Group LLC. grew its stake in Aptiv by 36.9% in the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock valued at $47,000 after buying an additional 176 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Aptiv by 16.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock valued at $88,000 after acquiring an additional 176 shares during the period. Boston Common Asset Management LLC lifted its position in Aptiv by 4.8% during the fourth quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock worth $249,000 after acquiring an additional 188 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in shares of Aptiv by 4.9% during the third quarter. First Horizon Advisors Inc. now owns 4,632 shares of the auto parts company’s stock worth $334,000 after acquiring an additional 218 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

About Aptiv

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.