Bryn Mawr Capital Management LLC Buys 12,931 Shares of Aptiv PLC (NYSE:APTV)

Bryn Mawr Capital Management LLC boosted its stake in shares of Aptiv PLC (NYSE:APTV) by 240.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,302 shares of the auto parts company’s stock after buying an additional 12,931 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Aptiv were worth $1,107,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in Aptiv by 713.9% in the third quarter. Blue Trust Inc. now owns 2,108 shares of the auto parts company’s stock worth $148,000 after buying an additional 1,849 shares during the last quarter. Signaturefd LLC increased its position in shares of Aptiv by 15.5% during the third quarter. Signaturefd LLC now owns 3,098 shares of the auto parts company’s stock valued at $223,000 after acquiring an additional 416 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Aptiv in the 3rd quarter worth approximately $11,250,000. Great Lakes Retirement Inc. lifted its position in Aptiv by 20,511.8% in the 3rd quarter. Great Lakes Retirement Inc. now owns 106,769 shares of the auto parts company’s stock valued at $7,688,000 after acquiring an additional 106,251 shares in the last quarter. Finally, Values First Advisors Inc. purchased a new stake in Aptiv during the 3rd quarter valued at $191,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Price Performance

Shares of NYSE:APTV opened at $67.59 on Friday. The company has a market capitalization of $15.51 billion, a P/E ratio of 9.82, a P/E/G ratio of 0.62 and a beta of 1.74. Aptiv PLC has a 1-year low of $51.47 and a 1-year high of $85.56. The firm’s 50 day simple moving average is $61.67 and its two-hundred day simple moving average is $64.00. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating 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%. Research analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on APTV shares. Deutsche Bank Aktiengesellschaft upgraded Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a research note on Friday, February 7th. Hsbc Global Res raised Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. UBS Group raised their price target on shares of Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a report on Friday, February 7th. Robert W. Baird raised shares of Aptiv from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $75.00 to $82.00 in a report on Monday, January 27th. Finally, Argus upgraded shares of Aptiv to a “strong-buy” rating in a report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $85.61.

Aptiv Company 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.