William Blair Investment Management LLC cut its holdings in shares of Aptiv PLC (NYSE:APTV) by 19.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 630,666 shares of the auto parts company’s stock after selling 157,169 shares during the period. William Blair Investment Management LLC’s holdings in Aptiv were worth $82,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of APTV. First Trust Advisors LP lifted its position in Aptiv by 41.7% during the first quarter. First Trust Advisors LP now owns 43,189 shares of the auto parts company’s stock valued at $3,433,000 after purchasing an additional 12,705 shares during the period. CWM LLC raised its position in shares of Aptiv by 89.0% in the third quarter. CWM LLC now owns 873 shares of the auto parts company’s stock worth $80,000 after acquiring an additional 411 shares during the period. Wedbush Securities Inc. acquired a new position in shares of Aptiv in the third quarter worth about $283,000. Harbor Investment Advisory LLC raised its position in shares of Aptiv by 34.5% in the third quarter. Harbor Investment Advisory LLC now owns 694 shares of the auto parts company’s stock worth $64,000 after acquiring an additional 178 shares during the period. Finally, Cypress Asset Management Inc. TX acquired a new position in shares of Aptiv in the third quarter worth about $578,000. Institutional investors own 93.78% of the company’s stock.

Aptiv stock opened at $156.99 on Tuesday. The firm has a 50 day simple moving average of $144.54 and a 200-day simple moving average of $112.99. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.84 and a quick ratio of 1.50. Aptiv PLC has a 1-year low of $29.22 and a 1-year high of $159.50. The stock has a market cap of $42.39 billion, a price-to-earnings ratio of 23.57, a price-to-earnings-growth ratio of 3.26 and a beta of 2.25.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Tuesday, February 2nd. The auto parts company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.01 by $0.12. Aptiv had a net margin of 13.94% and a return on equity of 8.42%. The firm had revenue of $4.21 billion for the quarter, compared to analyst estimates of $3.85 billion. During the same period in the prior year, the business posted $1.15 EPS. The business’s revenue for the quarter was up 17.1% compared to the same quarter last year. Equities analysts expect that Aptiv PLC will post 1.75 earnings per share for the current fiscal year.

A number of research analysts have weighed in on the stock. Credit Suisse Group upped their price objective on shares of Aptiv from $137.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, February 4th. Bank of America downgraded shares of Aptiv from a “buy” rating to an “underperform” rating in a research report on Tuesday, November 17th. Morgan Stanley upped their price target on shares of Aptiv from $160.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, February 4th. Argus assumed coverage on shares of Aptiv in a research report on Wednesday, December 16th. They set a “buy” rating for the company. They noted that the move was a valuation call. Finally, Barclays upped their price target on shares of Aptiv from $145.00 to $160.00 in a research report on Thursday, February 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $114.57.

Aptiv Company Profile

Aptiv PLC designs, manufacturers, and sells vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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