Aptiv PLC (NYSE:APTV) Position Raised by Cooper Financial Group

Cooper Financial Group increased its holdings in Aptiv PLC (NYSE:APTV) by 8.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,689 shares of the auto parts company’s stock after purchasing an additional 578 shares during the quarter. Cooper Financial Group’s holdings in Aptiv were worth $612,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Turtle Creek Wealth Advisors LLC acquired a new stake in Aptiv during the 4th quarter worth about $29,000. GAMMA Investing LLC purchased a new stake in shares of Aptiv in the fourth quarter valued at $32,000. Mather Group LLC. purchased a new position in Aptiv during the 1st quarter valued at about $33,000. Harvest Fund Management Co. Ltd acquired a new position in Aptiv in the 4th quarter valued at approximately $47,000. Finally, First Horizon Advisors Inc. grew its holdings in shares of Aptiv by 98.0% during the 4th quarter. First Horizon Advisors Inc. now owns 592 shares of the auto parts company’s stock valued at $53,000 after acquiring an additional 293 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Price Performance

NYSE:APTV opened at $75.73 on Monday. 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 stock has a market cap of $20.60 billion, a P/E ratio of 7.09, a PEG ratio of 0.59 and a beta of 1.87. The company has a fifty day moving average price of $77.55 and a 200 day moving average price of $79.98. Aptiv PLC has a one year low of $68.84 and a one year high of $113.60.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, May 2nd. The auto parts company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.11. Aptiv had a net margin of 14.87% and a return on equity of 13.21%. The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.99 billion. During the same period in the previous year, the business earned $0.91 EPS. The firm’s revenue was up 1.1% on a year-over-year basis. Analysts anticipate that Aptiv PLC will post 6.01 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Nancy E. Cooper sold 394 shares of the company’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $76.98, for a total transaction of $30,330.12. Following the transaction, the director now owns 13,636 shares in the company, valued at approximately $1,049,699.28. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.34% of the company’s stock.

Wall Street Analyst Weigh In

APTV has been the subject of a number of research reports. Barclays reduced their price objective on Aptiv from $112.00 to $110.00 and set an “overweight” rating for the company in a research report on Thursday, April 11th. Wells Fargo & Company dropped their price target on shares of Aptiv from $84.00 to $83.00 in a research note on Monday, April 8th. JPMorgan Chase & Co. raised their price target on shares of Aptiv from $109.00 to $113.00 and gave the company an “overweight” rating in a report on Tuesday, May 7th. UBS Group increased their target price on shares of Aptiv from $107.00 to $110.00 in a research report on Monday, April 8th. Finally, StockNews.com raised Aptiv from a “hold” rating to a “buy” rating in a research report on Wednesday, June 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Aptiv has a consensus rating of “Moderate Buy” and an average target price of $106.50.

Aptiv 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.