Choreo LLC Sells 4,151 Shares of Aptiv PLC (NYSE:APTV)

Choreo LLC decreased its position in shares of Aptiv PLC (NYSE:APTV) by 34.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,986 shares of the auto parts company’s stock after selling 4,151 shares during the period. Choreo LLC’s holdings in Aptiv were worth $482,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Proactive Wealth Strategies LLC purchased a new position in Aptiv during the 3rd quarter valued at approximately $1,815,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Aptiv by 73.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 111,401 shares of the auto parts company’s stock valued at $8,022,000 after acquiring an additional 47,215 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Aptiv in the third quarter valued at $14,893,000. Shorepath Capital Management LLC increased its position in Aptiv by 21.8% in the fourth quarter. Shorepath Capital Management LLC now owns 66,104 shares of the auto parts company’s stock worth $3,998,000 after purchasing an additional 11,835 shares during the last quarter. Finally, National Pension Service lifted its position in Aptiv by 16.6% during the third quarter. National Pension Service now owns 502,896 shares of the auto parts company’s stock valued at $36,214,000 after purchasing an additional 71,633 shares during the last quarter. 94.21% of the stock is owned by institutional investors.

Aptiv Trading Up 1.1 %

NYSE:APTV opened at $64.69 on Wednesday. The firm has a 50-day simple moving average of $60.39 and a 200-day simple moving average of $64.12. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56. The firm has a market cap of $15.21 billion, a P/E ratio of 9.40, a P/E/G ratio of 0.54 and a beta of 1.74. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.06 and a current ratio of 1.53.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. Equities analysts anticipate that Aptiv PLC will post 7.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Evercore ISI decreased their target price on shares of Aptiv from $105.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday. Deutsche Bank Aktiengesellschaft raised Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research note on Friday, February 7th. Barclays increased their price target on Aptiv from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Guggenheim reaffirmed a “buy” rating and set a $73.00 price objective on shares of Aptiv in a research note on Thursday, December 5th. Finally, Oppenheimer boosted their price objective on shares of Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $85.61.

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.