Swedbank AB raised its holdings in Aptiv PLC (NYSE:APTV – Free Report) by 25.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 485,357 shares of the auto parts company’s stock after buying an additional 97,289 shares during the period. Swedbank AB owned approximately 0.22% of Aptiv worth $36,931,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC boosted its position in Aptiv by 2.3% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company’s stock valued at $584,000 after buying an additional 151 shares during the period. Benjamin Edwards Inc. boosted its position in Aptiv by 0.5% in the 4th quarter. Benjamin Edwards Inc. now owns 34,728 shares of the auto parts company’s stock valued at $2,642,000 after buying an additional 156 shares during the period. CI Investments Inc. boosted its position in Aptiv by 11.6% in the 3rd quarter. CI Investments Inc. now owns 1,564 shares of the auto parts company’s stock valued at $135,000 after buying an additional 163 shares during the period. Everhart Financial Group Inc. boosted its position in Aptiv by 4.9% in the 4th quarter. Everhart Financial Group Inc. now owns 3,601 shares of the auto parts company’s stock valued at $274,000 after buying an additional 167 shares during the period. Finally, Assetmark Inc. boosted its position in Aptiv by 3.3% in the 3rd quarter. Assetmark Inc. now owns 6,004 shares of the auto parts company’s stock valued at $518,000 after buying an additional 193 shares during the period. Hedge funds and other institutional investors own 94.21% of the company’s stock.
Aptiv Stock Up 0.1%
Shares of Aptiv stock opened at $57.41 on Monday. The company has a quick ratio of 1.57, a current ratio of 2.11 and a debt-to-equity ratio of 0.98. Aptiv PLC has a 52-week low of $51.68 and a 52-week high of $88.93. The company has a 50 day moving average of $61.46 and a 200 day moving average of $72.54. The company has a market capitalization of $12.15 billion, a P/E ratio of 33.97, a P/E/G ratio of 0.99 and a beta of 1.42.
Analyst Upgrades and Downgrades
Several equities analysts have commented on APTV shares. Fox Advisors decreased their price target on shares of Aptiv from $110.00 to $70.00 in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Aptiv from $84.00 to $74.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Oppenheimer decreased their price target on shares of Aptiv from $106.00 to $84.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Royal Bank Of Canada decreased their price target on shares of Aptiv from $104.00 to $81.00 and set an “outperform” rating for the company in a research note on Tuesday, March 31st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Aptiv from $83.00 to $84.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $84.15.
Get Our Latest Stock Report on Aptiv
Aptiv Profile
Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.
Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.
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