International Assets Investment Management LLC Makes New Investment in Aptiv PLC (NYSE:APTV)

International Assets Investment Management LLC purchased a new position in shares of Aptiv PLC (NYSE:APTV) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,626 shares of the auto parts company’s stock, valued at approximately $11,250,000.

Several other large investors also recently bought and sold shares of the stock. Broderick Brian C increased its holdings 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 valued at $1,731,000 after acquiring an additional 132 shares during the last quarter. Wolff Wiese Magana LLC increased its holdings in shares of Aptiv by 44.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after acquiring an additional 155 shares during the last quarter. Signaturefd LLC increased its holdings in shares of Aptiv by 6.2% in the 2nd quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company’s stock valued at $189,000 after acquiring an additional 156 shares during the last quarter. Mather Group LLC. increased its holdings in shares of Aptiv by 36.9% in the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock valued at $47,000 after acquiring an additional 176 shares during the last quarter. Finally, Crewe Advisors LLC increased its holdings in shares of Aptiv by 94.7% in the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock valued at $31,000 after acquiring an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Stock Down 0.2 %

APTV opened at $69.03 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.49 and a quick ratio of 1.09. The business has a 50 day simple moving average of $70.16 and a 200-day simple moving average of $72.63. The stock has a market capitalization of $18.78 billion, a P/E ratio of 6.51, a P/E/G ratio of 0.65 and a beta of 1.79. Aptiv PLC has a 12 month low of $63.62 and a 12 month high of $91.66.

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

Analysts Set New Price Targets

APTV has been the topic of a number of research reports. Nomura Securities upgraded Aptiv from a “strong sell” rating to a “hold” rating in a research note on Monday, August 19th. Royal Bank of Canada raised 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. Citigroup dropped their price target on Aptiv from $128.00 to $108.00 and set a “buy” rating on the stock in a research note on Friday, July 12th. Bank of America dropped their price target on Aptiv from $105.00 to $102.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. Finally, Oppenheimer restated an “outperform” rating and set a $145.00 price target on shares of Aptiv in a research note on Tuesday, July 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $95.50.

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.