884 Shares in Aptiv PLC (NYSE:APTV) Bought by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. purchased a new stake in shares of Aptiv PLC (NYSE:APTV) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 884 shares of the auto parts company’s stock, valued at approximately $64,000.

Several other large investors have also made changes to their positions in APTV. Massachusetts Financial Services Co. MA raised its stake in Aptiv by 15.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 12,861,135 shares of the auto parts company’s stock valued at $905,681,000 after purchasing an additional 1,764,844 shares during the period. FMR LLC raised its position in shares of Aptiv by 20.4% during the third quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock valued at $550,759,000 after buying an additional 1,294,670 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Aptiv by 13.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,515,074 shares of the auto parts company’s stock worth $529,212,000 after buying an additional 905,431 shares in the last quarter. Mizuho Securities USA LLC grew its stake in Aptiv by 3,679.1% during the third quarter. Mizuho Securities USA LLC now owns 792,581 shares of the auto parts company’s stock valued at $57,074,000 after acquiring an additional 771,608 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in Aptiv by 1,368.6% in the 3rd quarter. SG Americas Securities LLC now owns 414,273 shares of the auto parts company’s stock valued at $29,832,000 after acquiring an additional 386,064 shares during the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on APTV. TD Cowen cut their price objective on Aptiv from $95.00 to $74.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Royal Bank of Canada decreased their target price on Aptiv from $82.00 to $72.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. JPMorgan Chase & Co. boosted their target price on Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Robert W. Baird decreased their target price on Aptiv from $85.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, November 1st. Finally, StockNews.com assumed coverage on Aptiv in a research report on Wednesday. They issued a “hold” rating on the stock. Two analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $85.29.

Aptiv Trading Up 0.4 %

APTV opened at $55.50 on Thursday. The stock has a market cap of $13.04 billion, a price-to-earnings ratio of 6.19, a P/E/G ratio of 0.58 and a beta of 1.81. The stock’s 50 day moving average price is $64.27 and its 200-day moving average price is $69.86. Aptiv PLC has a one year low of $51.47 and a one year high of $91.66. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.15. The firm had revenue of $4.85 billion for the quarter, compared to analysts’ expectations of $5.10 billion. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The company’s quarterly revenue was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.30 earnings per share. On average, equities analysts forecast that Aptiv PLC will post 6.15 EPS for the current year.

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.