Yousif Capital Management LLC Cuts Position in Aptiv PLC (NYSE:APTV)

Yousif Capital Management LLC decreased its holdings in Aptiv PLC (NYSE:APTV) by 8.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,720 shares of the auto parts company’s stock after selling 3,202 shares during the quarter. Yousif Capital Management LLC’s holdings in Aptiv were worth $1,979,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in APTV. Brown Brothers Harriman & Co. lifted its holdings in shares of Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after buying an additional 409 shares during the period. Wolff Wiese Magana LLC increased its stake in Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock worth $36,000 after buying an additional 155 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in Aptiv during the 3rd quarter worth approximately $43,000. Brooklyn Investment Group purchased a new stake in Aptiv during the 3rd quarter worth approximately $43,000. Finally, Hazlett Burt & Watson Inc. boosted its holdings in shares of Aptiv by 100.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 702 shares of the auto parts company’s stock worth $50,000 after purchasing an additional 351 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Trading Up 1.1 %

NYSE APTV opened at $64.69 on Wednesday. The company’s fifty day simple moving average is $60.39 and its 200-day simple moving average is $64.12. The stock has a market cap of $15.21 billion, a P/E ratio of 9.40, a PEG ratio of 0.54 and a beta of 1.74. Aptiv PLC has a 52 week low of $51.47 and a 52 week high of $85.56. The company has a current ratio of 1.53, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share 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%. Equities research analysts predict that Aptiv PLC will post 7.14 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on APTV shares. TD Cowen decreased their price objective on Aptiv from $95.00 to $74.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Oppenheimer upped their price target on Aptiv from $83.00 to $85.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Evercore ISI decreased their price target on Aptiv from $105.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday. Wells Fargo & Company upped their price target on Aptiv from $76.00 to $86.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Finally, Baird R W raised Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $85.61.

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.