Aware Super Pty Ltd as trustee of Aware Super Makes New Investment in Aptiv PLC (NYSE:APTV)

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Aptiv PLC (NYSE:APTV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 31,507 shares of the auto parts company’s stock, valued at approximately $1,906,000.

A number of other large investors have also recently modified their holdings of the business. Covestor Ltd boosted its position in Aptiv by 11.4% in the fourth quarter. Covestor Ltd now owns 1,819 shares of the auto parts company’s stock valued at $110,000 after buying an additional 186 shares in the last quarter. Boston Common Asset Management LLC increased its holdings in Aptiv by 4.8% in the fourth quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock worth $249,000 after purchasing an additional 188 shares in the last quarter. Horizon Investments LLC lifted its position in shares of Aptiv by 6.1% during the 4th quarter. Horizon Investments LLC now owns 3,825 shares of the auto parts company’s stock valued at $231,000 after acquiring an additional 219 shares during the period. Westpac Banking Corp boosted its position in shares of Aptiv by 21.9% during the 4th quarter. Westpac Banking Corp now owns 1,900 shares of the auto parts company’s stock worth $115,000 after purchasing an additional 341 shares in the last quarter. Finally, Providence Capital Advisors LLC boosted its holdings in Aptiv by 0.4% in the fourth quarter. Providence Capital Advisors LLC now owns 87,479 shares of the auto parts company’s stock worth $5,291,000 after acquiring an additional 364 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Price Performance

APTV stock opened at $50.83 on Wednesday. The firm’s fifty day moving average is $61.46 and its 200 day moving average is $61.42. 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 52 week low of $47.19 and a 52 week high of $85.56. The firm has a market cap of $11.66 billion, a P/E ratio of 7.39, a P/E/G ratio of 0.62 and a beta of 1.64.

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

Insiders Place Their Bets

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the sale, the senior vice president now directly owns 125,237 shares in the company, 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 filing with the SEC, which is available at this link. Company insiders own 0.45% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on APTV. Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Royal Bank of Canada lifted their target price on Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. HSBC raised Aptiv from a “hold” rating to a “buy” rating and increased their price objective for the company from $63.00 to $77.00 in a report on Tuesday, February 4th. Argus upgraded shares of Aptiv to a “strong-buy” rating in a research note on Tuesday, February 11th. Finally, Wells Fargo & Company lifted their price target on Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and an average price target of $82.44.

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.