Providence Capital Advisors LLC Buys 364 Shares of Aptiv PLC (NYSE:APTV)

Providence Capital Advisors LLC lifted its holdings in shares of Aptiv PLC (NYSE:APTV) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,479 shares of the auto parts company’s stock after buying an additional 364 shares during the period. Providence Capital Advisors LLC’s holdings in Aptiv were worth $5,291,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in APTV. Brown Brothers Harriman & Co. boosted its holdings in Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after buying an additional 409 shares during the period. Picton Mahoney Asset Management purchased a new stake in Aptiv in the fourth quarter worth $37,000. Brooklyn Investment Group purchased a new stake in Aptiv in the 3rd quarter valued at about $43,000. CENTRAL TRUST Co boosted its holdings in shares of Aptiv by 356.3% in the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after purchasing an additional 677 shares during the period. Finally, Transamerica Financial Advisors Inc. bought a new position in shares of Aptiv during the 3rd quarter worth $64,000. Institutional investors own 94.21% of the company’s stock.

Insider Transactions at Aptiv

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 completion of the transaction, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at $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 available through this hyperlink. 0.45% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

APTV has been the subject of a number of analyst reports. Wells Fargo & Company upped their price objective on Aptiv from $76.00 to $86.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Raymond James reiterated a “market perform” rating on shares of Aptiv in a research note on Monday, February 3rd. UBS Group lifted their target price on shares of Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a report on Friday, February 7th. StockNews.com started coverage on Aptiv in a research report on Thursday. They issued a “hold” rating for the company. Finally, Evercore ISI reduced their target price on Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, February 10th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.61.

Aptiv Price Performance

Shares of APTV opened at $62.31 on Friday. The stock’s fifty day moving average is $64.06 and its 200-day moving average is $63.08. The firm has a market capitalization of $14.30 billion, a price-to-earnings ratio of 9.06, a price-to-earnings-growth 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. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56.

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