Park Avenue Securities LLC Buys 1,515 Shares of Aptiv PLC (NYSE:APTV)

Park Avenue Securities LLC boosted its stake in shares of Aptiv PLC (NYSE:APTV) by 11.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,252 shares of the auto parts company’s stock after acquiring an additional 1,515 shares during the quarter. Park Avenue Securities LLC’s holdings in Aptiv were worth $1,215,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC bought a new stake in Aptiv during the 4th quarter worth about $29,000. GAMMA Investing LLC bought a new stake in Aptiv during the 4th quarter worth about $32,000. Mather Group LLC. bought a new position in shares of Aptiv in the 1st quarter valued at about $33,000. Harvest Fund Management Co. Ltd bought a new position in shares of Aptiv in the 4th quarter valued at about $47,000. Finally, First Horizon Advisors Inc. boosted its stake in shares of Aptiv by 98.0% in the 4th quarter. First Horizon Advisors Inc. now owns 592 shares of the auto parts company’s stock valued at $53,000 after purchasing an additional 293 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Stock Performance

Shares of APTV stock opened at $76.09 on Tuesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.89 and a current ratio of 1.29. The company has a market capitalization of $20.70 billion, a P/E ratio of 7.17, a price-to-earnings-growth ratio of 0.59 and a beta of 1.87. The company’s 50 day moving average price is $77.61 and its two-hundred day moving average price is $79.95. Aptiv PLC has a 52 week low of $68.84 and a 52 week high of $113.60.

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

Insiders Place Their Bets

In other Aptiv news, Director Nancy E. Cooper sold 394 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $76.98, for a total transaction of $30,330.12. Following the sale, the director now directly owns 13,636 shares in the company, valued at approximately $1,049,699.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on APTV shares. Robert W. Baird raised their target price on shares of Aptiv from $86.00 to $90.00 and gave the company a “neutral” rating in a research note on Friday, May 3rd. JPMorgan Chase & Co. raised their target price on shares of Aptiv from $109.00 to $113.00 and gave the company an “overweight” rating in a research note on Tuesday, May 7th. StockNews.com raised shares of Aptiv from a “hold” rating to a “buy” rating in a research note on Wednesday, June 12th. Wells Fargo & Company cut their price target on shares of Aptiv from $84.00 to $83.00 in a research report on Monday, April 8th. Finally, UBS Group increased their price target on shares of Aptiv from $107.00 to $110.00 in a research report on Monday, April 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.50.

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.