Smartleaf Asset Management LLC Has $216,000 Holdings in Aptiv PLC (NYSE:APTV)

Smartleaf Asset Management LLC trimmed its holdings in Aptiv PLC (NYSE:APTV) by 20.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,594 shares of the auto parts company’s stock after selling 929 shares during the period. Smartleaf Asset Management LLC’s holdings in Aptiv were worth $216,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in APTV. Proficio Capital Partners LLC acquired a new position in Aptiv in the fourth quarter valued at about $4,181,000. Mn Services Vermogensbeheer B.V. raised its position in shares of Aptiv by 1.8% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 110,400 shares of the auto parts company’s stock valued at $6,677,000 after buying an additional 1,900 shares in the last quarter. Bryn Mawr Capital Management LLC raised its position in shares of Aptiv by 16.7% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 6,269 shares of the auto parts company’s stock valued at $379,000 after buying an additional 898 shares in the last quarter. Illinois Municipal Retirement Fund lifted its holdings in shares of Aptiv by 30.2% during the 4th quarter. Illinois Municipal Retirement Fund now owns 38,189 shares of the auto parts company’s stock worth $2,310,000 after acquiring an additional 8,863 shares during the period. Finally, RWC Asset Management LLP acquired a new stake in shares of Aptiv during the 4th quarter worth approximately $2,204,000. 94.21% of the stock is currently owned by institutional investors.

Aptiv Trading Up 3.7 %

NYSE APTV opened at $65.13 on Thursday. The firm has a market capitalization of $14.94 billion, a PE ratio of 9.47, a price-to-earnings-growth ratio of 0.62 and a beta of 1.74. The business’s 50-day moving average price is $63.11 and its two-hundred day moving average price is $63.81. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. Aptiv PLC has a 12 month low of $51.47 and a 12 month high of $85.56.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS 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%. On average, analysts expect that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on APTV. Guggenheim restated a “buy” rating and set a $73.00 price objective on shares of Aptiv in a research report on Thursday, December 5th. StockNews.com initiated coverage on Aptiv in a research report on Monday. They set a “hold” rating for the company. Evercore ISI decreased their target price on Aptiv from $105.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, February 10th. HSBC raised Aptiv from a “hold” rating to a “buy” rating and boosted their target price for the stock from $63.00 to $77.00 in a research note on Tuesday, February 4th. Finally, Oppenheimer raised their price target 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 investment analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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.