Mutual of America Capital Management LLC Has $1.70 Million Stock Position in Aptiv PLC (NYSE:APTV)

Mutual of America Capital Management LLC lowered its holdings in shares of Aptiv PLC (NYSE:APTV) by 14.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,173 shares of the auto parts company’s stock after selling 4,571 shares during the period. Mutual of America Capital Management LLC’s holdings in Aptiv were worth $1,704,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Aptiv by 1,390.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock valued at $386,103,000 after acquiring an additional 5,002,090 shares during the period. Harris Associates L P acquired a new stake in Aptiv in the third quarter valued at approximately $162,640,000. Point72 Asset Management L.P. acquired a new stake in Aptiv in the third quarter valued at approximately $143,909,000. FMR LLC grew its stake in Aptiv by 20.4% in the third quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock valued at $550,759,000 after acquiring an additional 1,294,670 shares during the period. Finally, Franklin Resources Inc. grew its stake in Aptiv by 29.9% in the third quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company’s stock valued at $336,861,000 after acquiring an additional 1,090,766 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analyst Upgrades and Downgrades

APTV has been the topic of a number of recent research reports. Royal Bank of Canada raised their target price on Aptiv from $75.00 to $82.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Deutsche Bank Aktiengesellschaft upgraded Aptiv from a “hold” rating to a “buy” rating and set a $78.00 target price on the stock in a report on Friday, February 7th. Oppenheimer raised their target price on Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. Finally, TD Cowen initiated coverage on Aptiv in a report on Friday. They issued a “buy” rating and a $90.00 target price on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.50.

Aptiv Stock Performance

Shares of APTV opened at $66.81 on Friday. The firm has a market cap of $15.33 billion, a PE ratio of 9.71, a PEG ratio of 0.62 and a beta of 1.78. The stock’s fifty day moving average price is $63.34 and its two-hundred day moving average price is $63.75. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. Aptiv PLC has a 1 year low of $51.47 and a 1 year high of $85.56.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, equities research analysts forecast that Aptiv PLC will post 7.2 EPS for the current 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.