Amica Retiree Medical Trust Has $345,000 Position in Aptiv PLC (NYSE:APTV)

Amica Retiree Medical Trust cut its stake in Aptiv PLC (NYSE:APTV) by 8.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,704 shares of the auto parts company’s stock after selling 497 shares during the quarter. Amica Retiree Medical Trust’s holdings in Aptiv were worth $345,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. NEOS Investment Management LLC raised its position in Aptiv by 28.5% during the fourth quarter. NEOS Investment Management LLC now owns 11,184 shares of the auto parts company’s stock valued at $676,000 after acquiring an additional 2,483 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Aptiv by 25.4% in the 4th quarter. JPMorgan Chase & Co. now owns 2,724,091 shares of the auto parts company’s stock valued at $168,619,000 after purchasing an additional 552,066 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Aptiv by 8.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 474,151 shares of the auto parts company’s stock worth $28,700,000 after purchasing an additional 35,426 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its position in Aptiv by 1.0% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 52,143 shares of the auto parts company’s stock worth $3,154,000 after buying an additional 533 shares during the last quarter. Finally, First American Trust FSB raised its holdings in Aptiv by 1.3% during the fourth quarter. First American Trust FSB now owns 50,213 shares of the auto parts company’s stock valued at $3,037,000 after buying an additional 665 shares in the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Trading Up 2.1 %

Shares of APTV stock opened at $65.82 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $15.10 billion, a P/E ratio of 9.57, a P/E/G ratio of 0.62 and a beta of 1.78. Aptiv PLC has a 12-month low of $51.47 and a 12-month high of $85.56. The firm has a 50-day moving average price of $64.04 and a 200 day moving average price of $63.09.

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

Insider Activity

In other news, SVP Benjamin Lyon sold 14,568 shares of the business’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the sale, the senior vice president now owns 125,237 shares in the company, valued at $8,203,023.50. The trade was a 10.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.45% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

APTV has been the topic of a number of analyst reports. TD Cowen started coverage on Aptiv in a report on Friday, March 7th. They set a “buy” rating and a $90.00 price objective on the stock. Royal Bank of Canada lifted their price target on shares of Aptiv from $75.00 to $82.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Evercore ISI reduced their price objective 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. Barclays lifted their target price on shares of Aptiv from $75.00 to $80.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Finally, Baird R W raised Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, Aptiv 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.