Vanguard Personalized Indexing Management LLC Grows Holdings in Aptiv PLC (NYSE:APTV)

Vanguard Personalized Indexing Management LLC grew its stake in Aptiv PLC (NYSE:APTV) by 29.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,260 shares of the auto parts company’s stock after buying an additional 5,481 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Aptiv were worth $1,708,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of APTV. Wells Fargo & Company MN boosted its stake in shares of Aptiv by 6.3% in 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 in the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Aptiv in the 4th quarter valued at $596,000. Assetmark Inc. boosted its stake in shares of Aptiv by 50.2% in the 4th quarter. Assetmark Inc. now owns 2,674 shares of the auto parts company’s stock valued at $240,000 after purchasing an additional 894 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Aptiv by 11.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,444 shares of the auto parts company’s stock valued at $130,000 after purchasing an additional 146 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its stake in shares of Aptiv by 4.3% in the 4th quarter. Orion Portfolio Solutions LLC now owns 29,843 shares of the auto parts company’s stock valued at $2,524,000 after purchasing an additional 1,220 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Stock Down 1.0 %

Shares of NYSE APTV opened at $69.84 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 0.47. Aptiv PLC has a 12 month low of $63.62 and a 12 month high of $100.88. The firm has a market capitalization of $19.00 billion, a PE ratio of 6.58, a price-to-earnings-growth ratio of 0.60 and a beta of 1.79. The firm has a fifty day simple moving average of $69.54 and a two-hundred day simple moving average of $74.04.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley cut their price objective on shares of Aptiv from $75.00 to $70.00 and set an “underweight” rating for the company in a research note on Wednesday, August 14th. Royal Bank of Canada upped their price target on shares of Aptiv from $85.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, September 5th. Wells Fargo & Company upgraded shares of Aptiv from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $78.00 to $87.00 in a report on Friday. Nomura Securities upgraded shares of Aptiv from a “strong sell” rating to a “hold” rating in a report on Monday, August 19th. Finally, StockNews.com lowered shares of Aptiv from a “buy” rating to a “hold” rating in a report on Friday, July 12th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $95.44.

About Aptiv

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.