Aptiv PLC (NYSE:APTV) Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB trimmed its stake in shares of Aptiv PLC (NYSE:APTV) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,663 shares of the auto parts company’s stock after selling 8,519 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Aptiv were worth $4,092,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Aptiv by 1,390.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock valued at $386,103,000 after buying an additional 5,002,090 shares in the last quarter. Harris Associates L P purchased a new position in shares of Aptiv in the third quarter valued at approximately $162,640,000. Point72 Asset Management L.P. purchased a new stake in shares of Aptiv during the third quarter worth approximately $143,909,000. FMR LLC boosted its stake in Aptiv by 20.4% during the 3rd quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock worth $550,759,000 after purchasing an additional 1,294,670 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Aptiv by 29.9% in the third quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company’s stock worth $336,861,000 after buying an additional 1,090,766 shares in the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on APTV shares. Baird R W upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Hsbc Global Res raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Wells Fargo & Company increased their price objective on shares of Aptiv from $76.00 to $86.00 and gave the stock an “overweight” rating in a research report on Friday. Oppenheimer lifted their target price on Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday. Finally, HSBC upgraded shares of Aptiv from a “hold” rating to a “buy” rating and increased their target price for the stock from $63.00 to $77.00 in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $86.72.

Aptiv Stock Performance

Shares of APTV opened at $64.09 on Friday. The company has a 50-day moving average of $60.23 and a two-hundred day moving average of $64.20. The stock has a market cap of $15.06 billion, a P/E ratio of 9.32, a PEG ratio of 0.54 and a beta of 1.74. Aptiv PLC has a 12-month low of $51.47 and a 12-month high of $85.56. The company has a current ratio of 1.53, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87.

Aptiv (NYSE:APTV) last issued 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%. As a group, research analysts predict that Aptiv PLC will post 7.14 EPS for the current fiscal 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.