TD Private Client Wealth LLC Sells 258 Shares of Aptiv PLC (NYSE:APTV)

TD Private Client Wealth LLC cut its position in shares of Aptiv PLC (NYSE:APTV) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,857 shares of the auto parts company’s stock after selling 258 shares during the quarter. TD Private Client Wealth LLC’s holdings in Aptiv were worth $233,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of APTV. Brown Brothers Harriman & Co. grew its stake in shares of Aptiv by 1,410.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after acquiring an additional 409 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in Aptiv during the fourth quarter worth $37,000. Brooklyn Investment Group bought a new position in Aptiv in the third quarter valued at $43,000. CENTRAL TRUST Co increased its stake in Aptiv by 356.3% in the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after buying an additional 677 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new stake in Aptiv during the 3rd quarter worth about $64,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Stock Up 2.2 %

APTV stock opened at $63.83 on Tuesday. Aptiv PLC has a fifty-two week low of $51.47 and a fifty-two week high of $85.56. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The stock has a market capitalization of $14.65 billion, a price-to-earnings ratio of 9.28, a PEG ratio of 0.62 and a beta of 1.78. The business’s fifty day moving average price is $63.88 and its two-hundred day moving average price is $63.10.

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

Insider Activity

In related news, SVP Benjamin Lyon sold 14,568 shares of the firm’s stock in a transaction 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 approximately $8,203,023.50. This trade represents a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.45% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on APTV. TD Cowen initiated coverage on Aptiv in a research report on Friday, March 7th. They issued a “buy” rating and a $90.00 target price on the stock. HSBC raised Aptiv from a “hold” rating to a “buy” rating and boosted their price target for the stock from $63.00 to $77.00 in a research report on Tuesday, February 4th. Evercore ISI decreased their target price on shares of Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. Baird R W raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Finally, Piper Sandler increased their price target on shares of Aptiv from $65.00 to $67.00 and gave the company a “neutral” rating in a research note on Thursday, March 20th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, Aptiv presently has an average rating of “Moderate Buy” and a consensus price target of $86.61.

Aptiv 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.