First American Trust FSB Acquires 665 Shares of Aptiv PLC (NYSE:APTV)

First American Trust FSB grew its holdings in shares of Aptiv PLC (NYSE:APTV) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,213 shares of the auto parts company’s stock after acquiring an additional 665 shares during the quarter. First American Trust FSB’s holdings in Aptiv were worth $3,037,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Boston Common Asset Management LLC lifted its position in Aptiv by 4.8% during the fourth quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock valued at $249,000 after purchasing an additional 188 shares during the last quarter. Horizon Investments LLC raised its position in shares of Aptiv by 6.1% during the 4th quarter. Horizon Investments LLC now owns 3,825 shares of the auto parts company’s stock valued at $231,000 after buying an additional 219 shares in the last quarter. Insigneo Advisory Services LLC raised its position in shares of Aptiv by 5.7% during the 3rd quarter. Insigneo Advisory Services LLC now owns 6,205 shares of the auto parts company’s stock valued at $447,000 after buying an additional 337 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Aptiv by 6.2% during the 3rd quarter. Empowered Funds LLC now owns 6,404 shares of the auto parts company’s stock worth $461,000 after acquiring an additional 375 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in Aptiv by 1,410.3% in the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after acquiring an additional 409 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Stock Performance

NYSE:APTV opened at $63.83 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. The firm’s fifty day simple moving average is $63.88 and its 200 day simple moving average is $63.10. The stock has a market cap of $14.65 billion, a P/E ratio of 9.28, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56.

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 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%. As a group, research analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on APTV. Raymond James restated a “market perform” rating on shares of Aptiv in a research report on Monday, February 3rd. Barclays boosted their target price on Aptiv from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. TD Cowen started coverage on shares of Aptiv in a research report on Friday, March 7th. They set a “buy” rating and a $90.00 price target on the stock. Baird R W raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Finally, Oppenheimer upped their price objective on shares of Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $86.61.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 14,568 shares of the firm’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the transaction, the senior vice president now owns 125,237 shares of the company’s stock, valued at approximately $8,203,023.50. This trade represents a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.45% of the company’s stock.

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.