24,380 Shares in Aptiv PLC (NYSE:APTV) Bought by Sciencast Management LP

Sciencast Management LP bought a new stake in Aptiv PLC (NYSE:APTV) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 24,380 shares of the auto parts company’s stock, valued at approximately $1,942,000. Aptiv comprises 1.2% of Sciencast Management LP’s holdings, making the stock its 5th biggest holding.

Several other institutional investors have also modified their holdings of APTV. Riverview Trust Co bought a new stake in shares of Aptiv during the 1st quarter worth about $25,000. Hazlett Burt & Watson Inc. acquired a new stake in Aptiv in the first quarter worth approximately $28,000. Turtle Creek Wealth Advisors LLC bought a new position in Aptiv during the 4th quarter valued at $29,000. GAMMA Investing LLC acquired a new position in shares of Aptiv during the 4th quarter valued at $32,000. Finally, Mather Group LLC. bought a new stake in shares of Aptiv in the 1st quarter worth $33,000. Institutional investors own 94.21% of the company’s stock.

Aptiv Stock Up 1.4 %

Shares of NYSE:APTV traded up $0.97 during midday trading on Friday, hitting $72.72. 3,218,325 shares of the stock were exchanged, compared to its average volume of 2,803,123. The company has a market capitalization of $19.78 billion, a PE ratio of 6.85, a P/E/G ratio of 0.67 and a beta of 1.79. Aptiv PLC has a 52-week low of $65.13 and a 52-week high of $113.14. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.89 and a current ratio of 1.29. The business’s fifty day simple moving average is $77.13 and its two-hundred day simple moving average is $78.51.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, May 2nd. The auto parts company reported $1.16 EPS for the quarter, beating the consensus estimate of $1.05 by $0.11. The business had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $4.99 billion. Aptiv had a return on equity of 13.21% and a net margin of 14.87%. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.91 EPS. As a group, research analysts predict that Aptiv PLC will post 5.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on APTV. Citigroup lowered their target price on Aptiv from $128.00 to $108.00 and set a “buy” rating on the stock in a report on Friday. Barclays dropped their target price on shares of Aptiv from $112.00 to $110.00 and set an “overweight” rating on the stock in a report on Thursday, April 11th. UBS Group reduced their target price on shares of Aptiv from $107.00 to $99.00 and set a “buy” rating for the company in a report on Wednesday. JPMorgan Chase & Co. increased their price objective on Aptiv from $109.00 to $113.00 and gave the company an “overweight” rating in a research report on Tuesday, May 7th. Finally, The Goldman Sachs Group cut their target price on Aptiv from $118.00 to $101.00 and set a “buy” rating on the stock in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Aptiv presently has an average rating of “Hold” and a consensus price target of $98.00.

Insider Buying and Selling

In other Aptiv news, Director Nancy E. Cooper sold 394 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $76.98, for a total value of $30,330.12. Following the sale, the director now owns 13,636 shares of the company’s stock, valued at approximately $1,049,699.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.34% of the company’s stock.

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.