Gilman Hill Asset Management LLC Has $1.11 Million Stock Position in Aptiv PLC (NYSE:APTV)

Gilman Hill Asset Management LLC lowered its holdings in shares of Aptiv PLC (NYSE:APTV) by 6.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,673 shares of the auto parts company’s stock after selling 870 shares during the period. Gilman Hill Asset Management LLC’s holdings in Aptiv were worth $1,109,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Cerebellum GP LLC boosted its position in shares of Aptiv by 14.0% in the 4th quarter. Cerebellum GP LLC now owns 5,785 shares of the auto parts company’s stock worth $549,000 after purchasing an additional 710 shares in the last quarter. AE Wealth Management LLC raised its stake in Aptiv by 11.2% during the 4th quarter. AE Wealth Management LLC now owns 14,126 shares of the auto parts company’s stock valued at $1,342,000 after buying an additional 1,420 shares during the last quarter. Calamos Advisors LLC raised its stake in Aptiv by 95.6% during the 4th quarter. Calamos Advisors LLC now owns 491,419 shares of the auto parts company’s stock valued at $46,670,000 after buying an additional 240,213 shares during the last quarter. Calamos Wealth Management LLC purchased a new stake in Aptiv during the 4th quarter valued at $515,000. Finally, Legacy Private Trust Co. raised its stake in Aptiv by 8.8% during the 4th quarter. Legacy Private Trust Co. now owns 41,479 shares of the auto parts company’s stock valued at $3,940,000 after buying an additional 3,340 shares during the last quarter. 93.52% of the stock is owned by institutional investors.

Shares of APTV traded up $0.75 during midday trading on Friday, hitting $91.95. 274,268 shares of the company traded hands, compared to its average volume of 1,707,022. The firm has a 50 day moving average of $93.76 and a 200-day moving average of $87.82. Aptiv PLC has a 52 week low of $63.36 and a 52 week high of $99.04. The stock has a market cap of $23.28 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 1.47 and a beta of 2.01. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.04 and a current ratio of 1.39.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Wednesday, October 30th. The auto parts company reported $1.27 EPS for the quarter, meeting the consensus estimate of $1.27. Aptiv had a net margin of 6.99% and a return on equity of 34.88%. The business had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.61 billion. During the same quarter in the prior year, the firm earned $1.24 EPS. The business’s revenue was up 2.1% on a year-over-year basis. Sell-side analysts predict that Aptiv PLC will post 4.67 earnings per share for the current fiscal year.

In related news, SVP David M. Sherbin sold 5,500 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $93.38, for a total value of $513,590.00. Also, SVP Vos Glen W. De sold 2,700 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $88.73, for a total transaction of $239,571.00. Following the completion of the transaction, the senior vice president now directly owns 47,462 shares of the company’s stock, valued at approximately $4,211,303.26. The disclosure for this sale can be found here. 0.40% of the stock is owned by corporate insiders.

Several equities research analysts have recently commented on APTV shares. Piper Jaffray Companies upgraded Aptiv from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $81.00 to $114.00 in a research note on Tuesday, December 3rd. Morgan Stanley reduced their price objective on Aptiv from $63.00 to $62.00 and set an “underweight” rating for the company in a research note on Wednesday, September 25th. Wolfe Research upgraded Aptiv from a “peer perform” rating to an “outperform” rating and set a $101.00 price objective for the company in a research note on Friday, November 22nd. Credit Suisse Group restated a “buy” rating and issued a $95.00 price objective on shares of Aptiv in a research note on Monday, November 4th. Finally, Guggenheim started coverage on Aptiv in a research note on Tuesday, October 15th. They issued a “buy” rating and a $98.00 price objective for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $96.14.

Aptiv Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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