Robocap Asset Management Ltd Purchases 7,034 Shares of Aptiv PLC (NYSE:APTV)

Robocap Asset Management Ltd grew its position in Aptiv PLC (NYSE:APTV) by 27.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,611 shares of the auto parts company’s stock after acquiring an additional 7,034 shares during the period. Aptiv accounts for 1.3% of Robocap Asset Management Ltd’s portfolio, making the stock its 24th largest holding. Robocap Asset Management Ltd’s holdings in Aptiv were worth $1,972,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Cetera Investment Advisers increased its position in Aptiv by 8.8% in the second quarter. Cetera Investment Advisers now owns 35,658 shares of the auto parts company’s stock worth $2,511,000 after purchasing an additional 2,895 shares during the period. Czech National Bank lifted its holdings in Aptiv by 4.4% during the third quarter. Czech National Bank now owns 54,138 shares of the auto parts company’s stock worth $3,898,000 after acquiring an additional 2,293 shares in the last quarter. Mather Group LLC. grew its stake in Aptiv by 36.9% in the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock valued at $47,000 after acquiring an additional 176 shares during the period. First Affirmative Financial Network bought a new stake in shares of Aptiv in the third quarter worth about $208,000. Finally, Exchange Traded Concepts LLC grew its position in shares of Aptiv by 7.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 162,370 shares of the auto parts company’s stock valued at $11,692,000 after purchasing an additional 10,817 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Stock Up 1.0 %

APTV opened at $64.09 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50. The stock has a fifty day moving average of $60.06 and a 200-day moving average of $64.24. Aptiv PLC has a fifty-two week low of $51.47 and a fifty-two week high of $85.56. The company has a market capitalization of $15.06 billion, a P/E ratio of 7.15, a P/E/G ratio of 0.55 and a beta of 1.74.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. On average, equities analysts expect that Aptiv PLC will post 6.18 EPS for the current year.

Wall Street Analysts Forecast Growth

APTV has been the topic of several research reports. Hsbc Global Res raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Oppenheimer increased their price objective on Aptiv from $83.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday. Royal Bank of Canada upped their price target on Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a research report on Friday. Barclays boosted their price target on shares of Aptiv from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Robert W. Baird upgraded Aptiv from a “neutral” rating to an “outperform” rating and raised their price target for the company from $75.00 to $82.00 in a research note on Monday, January 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.72.

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.