Avalon Trust Co trimmed its stake in Aptiv PLC (NYSE:APTV – Free Report) by 25.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 750 shares of the auto parts company’s stock after selling 250 shares during the period. Avalon Trust Co’s holdings in Aptiv were worth $45,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Catalyst Funds Management Pty Ltd increased its holdings in Aptiv by 387.5% in the fourth quarter. Catalyst Funds Management Pty Ltd now owns 15,600 shares of the auto parts company’s stock valued at $943,000 after purchasing an additional 12,400 shares during the period. Picton Mahoney Asset Management acquired a new stake in Aptiv in the fourth quarter valued at $37,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Aptiv in the fourth quarter valued at $6,597,000. HighTower Advisors LLC increased its holdings in Aptiv by 4.1% in the fourth quarter. HighTower Advisors LLC now owns 14,663 shares of the auto parts company’s stock valued at $887,000 after purchasing an additional 577 shares during the period. Finally, Marathon Trading Investment Management LLC acquired a new stake in Aptiv in the fourth quarter valued at $1,289,000. 94.21% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Aptiv
In other news, SVP Benjamin Lyon sold 14,568 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the transaction, the senior vice president now owns 125,237 shares in the company, valued at $8,203,023.50. The trade was a 10.42 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.34% of the stock is owned by insiders.
Analysts Set New Price Targets
Check Out Our Latest Analysis on Aptiv
Aptiv Price Performance
Shares of NYSE APTV opened at $63.28 on Friday. Aptiv PLC has a fifty-two week low of $51.47 and a fifty-two week high of $85.56. The stock has a market cap of $14.52 billion, a price-to-earnings ratio of 9.20, a PEG ratio of 0.62 and a beta of 1.78. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. The firm’s 50-day simple moving average is $63.64 and its 200 day simple moving average is $63.48.
Aptiv (NYSE:APTV – Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. As a group, research analysts anticipate that Aptiv PLC will post 7.2 earnings per share 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.
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