Olympiad Research LP Makes New Investment in Aptiv PLC (NYSE:APTV)

Olympiad Research LP bought a new position in Aptiv PLC (NYSE:APTVFree Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,614 shares of the auto parts company’s stock, valued at approximately $504,000.

Other institutional investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN increased its position in shares of Aptiv by 6.3% during the 4th quarter. Wells Fargo & Company MN now owns 455,651 shares of the auto parts company’s stock valued at $40,881,000 after purchasing an additional 26,933 shares during the last quarter. Gradient Investments LLC increased its position in shares of Aptiv by 36.1% during the 4th quarter. Gradient Investments LLC now owns 154,944 shares of the auto parts company’s stock valued at $13,902,000 after purchasing an additional 41,135 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Aptiv during the 4th quarter valued at about $13,120,000. Trillium Asset Management LLC increased its position in shares of Aptiv by 33.1% during the 4th quarter. Trillium Asset Management LLC now owns 361,249 shares of the auto parts company’s stock valued at $32,411,000 after purchasing an additional 89,786 shares during the last quarter. Finally, Arbor Wealth Advisors LLC purchased a new stake in Aptiv during the 4th quarter valued at about $1,875,000. 94.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

APTV has been the subject of several analyst reports. Royal Bank of Canada dropped their target price on Aptiv from $115.00 to $104.00 and set an “outperform” rating for the company in a report on Thursday, February 1st. JPMorgan Chase & Co. increased their target price on Aptiv from $109.00 to $113.00 and gave the company an “overweight” rating in a report on Tuesday, May 7th. Barclays dropped their target price on Aptiv from $112.00 to $110.00 and set an “overweight” rating for the company in a report on Thursday, April 11th. Oppenheimer dropped their target price on Aptiv from $148.00 to $145.00 and set an “outperform” rating for the company in a report on Friday, May 3rd. Finally, Robert W. Baird increased their price objective on Aptiv from $86.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, Aptiv currently has an average rating of “Moderate Buy” and an average target price of $108.31.

Get Our Latest Report on Aptiv

Aptiv Stock Up 0.1 %

APTV stock traded up $0.09 on Thursday, reaching $81.61. 566,115 shares of the company traded hands, compared to its average volume of 2,610,793. Aptiv PLC has a one year low of $68.84 and a one year high of $113.60. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.29 and a quick ratio of 0.89. The company has a market cap of $22.20 billion, a P/E ratio of 7.68, a price-to-earnings-growth ratio of 0.67 and a beta of 1.90. The firm has a fifty day simple moving average of $77.59 and a 200-day simple moving average of $80.45.

Aptiv (NYSE:APTVGet Free Report) last posted its earnings results on Thursday, May 2nd. The auto parts company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.11. The business had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.99 billion. Aptiv had a return on equity of 13.21% and a net margin of 14.87%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 EPS. Research analysts anticipate that Aptiv PLC will post 6.01 earnings per share for the current year.

Insiders Place Their Bets

In related news, SVP Benjamin Lyon sold 18,680 shares of Aptiv stock in a transaction on Monday, March 11th. The stock was sold at an average price of $77.69, for a total value of $1,451,249.20. Following the completion of the sale, the senior vice president now owns 95,211 shares of the company’s stock, valued at $7,396,942.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.34% of the company’s stock.

Aptiv Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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