Hazlett Burt & Watson Inc. Purchases 1,145 Shares of Aptiv PLC (NYSE:APTV)

Hazlett Burt & Watson Inc. grew its position in shares of Aptiv PLC (NYSE:APTV) by 163.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,847 shares of the auto parts company’s stock after buying an additional 1,145 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Aptiv were worth $110,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Boston Common Asset Management LLC grew 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 buying an additional 188 shares during the period. Horizon Investments LLC grew 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 acquiring an additional 219 shares during the period. Insigneo Advisory Services LLC increased its stake 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 worth $447,000 after purchasing an additional 337 shares during the last quarter. Providence Capital Advisors LLC lifted its stake in Aptiv by 0.4% in the fourth quarter. Providence Capital Advisors LLC now owns 87,479 shares of the auto parts company’s stock valued at $5,291,000 after purchasing an additional 364 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in Aptiv by 0.5% in the fourth quarter. Asset Management One Co. Ltd. now owns 101,901 shares of the auto parts company’s stock valued at $6,149,000 after purchasing an additional 475 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Benjamin Lyon sold 14,568 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total transaction of $954,204.00. Following the sale, the senior vice president now owns 125,237 shares in the company, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.45% of the stock is owned by corporate insiders.

Aptiv Trading Down 1.7 %

NYSE:APTV opened at $59.57 on Tuesday. Aptiv PLC has a 12 month low of $51.47 and a 12 month high of $85.56. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The company has a 50-day moving average price of $64.02 and a 200-day moving average price of $62.94. The stock has a market cap of $13.67 billion, a price-to-earnings ratio of 8.66, a P/E/G ratio of 0.62 and a beta of 1.78.

Aptiv (NYSE:APTV) last posted its quarterly earnings data 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 analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on APTV. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Baird R W upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Piper Sandler increased their target price on shares of Aptiv from $65.00 to $67.00 and gave the stock a “neutral” rating in a research report on Thursday, March 20th. Guggenheim reissued a “buy” rating and issued a $73.00 price target on shares of Aptiv in a research report on Thursday, December 5th. Finally, UBS Group raised their price objective on shares of Aptiv from $82.00 to $91.00 and gave the stock a “buy” rating in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $86.61.

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.