Aptiv PLC (NYSE:APTV) Stake Lessened by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its position in shares of Aptiv PLC (NYSE:APTV) by 1.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,195,708 shares of the auto parts company’s stock after selling 35,084 shares during the period. Dimensional Fund Advisors LP owned 0.81% of Aptiv worth $154,607,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Broderick Brian C raised its stake in shares of Aptiv by 0.6% in the 1st quarter. Broderick Brian C now owns 21,728 shares of the auto parts company’s stock worth $1,731,000 after buying an additional 132 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Aptiv by 11.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,444 shares of the auto parts company’s stock worth $130,000 after acquiring an additional 146 shares during the period. Signaturefd LLC raised its position in Aptiv by 6.2% in the second quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company’s stock worth $189,000 after acquiring an additional 156 shares in the last quarter. Lindbrook Capital LLC lifted its holdings in Aptiv by 27.3% in the 1st quarter. Lindbrook Capital LLC now owns 812 shares of the auto parts company’s stock valued at $65,000 after acquiring an additional 174 shares during the last quarter. Finally, Advisory Services Network LLC boosted its position in shares of Aptiv by 1.2% during the 4th quarter. Advisory Services Network LLC now owns 14,892 shares of the auto parts company’s stock valued at $1,336,000 after purchasing an additional 180 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on APTV. Nomura Securities raised shares of Aptiv from a “strong sell” rating to a “hold” rating in a research note on Monday, August 19th. Wells Fargo & Company upgraded Aptiv from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $78.00 to $87.00 in a research report on Friday. JPMorgan Chase & Co. lifted their target price on Aptiv from $104.00 to $107.00 and gave the stock an “overweight” rating in a report on Monday, August 5th. Morgan Stanley reduced their target price on Aptiv from $75.00 to $70.00 and set an “underweight” rating for the company in a report on Wednesday, August 14th. Finally, Royal Bank of Canada lifted their price target on Aptiv from $85.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, September 5th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.44.

Aptiv Stock Down 1.0 %

Aptiv stock opened at $69.84 on Friday. Aptiv PLC has a twelve month low of $63.62 and a twelve month high of $100.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.09 and a current ratio of 1.49. The firm has a market cap of $19.00 billion, a PE ratio of 6.58, a P/E/G ratio of 0.60 and a beta of 1.79. The firm’s 50 day moving average price is $69.54 and its two-hundred day moving average price is $74.08.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Thursday, August 1st. The auto parts company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.16. The business had revenue of $5.05 billion for the quarter, compared to the consensus estimate of $5.30 billion. Aptiv had a net margin of 18.46% and a return on equity of 13.19%. Aptiv’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.25 earnings per share. On average, research analysts predict that Aptiv PLC will post 6.28 EPS for the current fiscal year.

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.