Aptiv PLC (APTV) Holdings Trimmed by Flinton Capital Management LLC

Flinton Capital Management LLC trimmed its position in Aptiv PLC (NYSE:APTV) by 15.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,100 shares of the auto parts company’s stock after selling 1,624 shares during the period. Flinton Capital Management LLC’s holdings in Aptiv were worth $560,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund boosted its stake in Aptiv by 3,023.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,974,550 shares of the auto parts company’s stock valued at $32,000 after acquiring an additional 1,911,334 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in Aptiv in the fourth quarter valued at approximately $34,000. Resources Investment Advisors Inc. acquired a new stake in Aptiv in the fourth quarter valued at approximately $34,000. Enlightenment Research LLC acquired a new stake in Aptiv in the fourth quarter valued at approximately $36,000. Finally, Rational Advisors LLC boosted its stake in Aptiv by 2,380.8% in the fourth quarter. Rational Advisors LLC now owns 645 shares of the auto parts company’s stock valued at $40,000 after acquiring an additional 619 shares in the last quarter. Institutional investors own 93.57% of the company’s stock.

Shares of Aptiv stock opened at $81.10 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 0.95. Aptiv PLC has a 1 year low of $58.80 and a 1 year high of $103.23. The firm has a market cap of $21.24 billion, a P/E ratio of 15.42, a price-to-earnings-growth ratio of 1.20 and a beta of 1.80.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, January 31st. The auto parts company reported $1.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.13. Aptiv had a net margin of 7.39% and a return on equity of 37.39%. The firm had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.53 billion. As a group, equities analysts anticipate that Aptiv PLC will post 5.38 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 20th. Investors of record on Wednesday, February 6th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, February 5th. This represents a $0.88 annualized dividend and a dividend yield of 1.09%. Aptiv’s dividend payout ratio (DPR) is presently 16.73%.

In related news, SVP Majdi Abulaban sold 25,130 shares of the firm’s stock in a transaction on Thursday, February 14th. The shares were sold at an average price of $80.00, for a total transaction of $2,010,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.32% of the company’s stock.

Several equities research analysts have recently commented on APTV shares. Goldman Sachs Group upgraded shares of Aptiv from a “buy” rating to a “conviction-buy” rating in a research note on Wednesday, February 13th. Barclays reiterated a “buy” rating and set a $80.00 price objective on shares of Aptiv in a research note on Sunday, January 6th. Longbow Research reiterated a “buy” rating and set a $110.00 price objective on shares of Aptiv in a research note on Monday, January 28th. KeyCorp started coverage on shares of Aptiv in a research note on Monday, December 10th. They set an “overweight” rating and a $95.00 price objective for the company. Finally, Nomura started coverage on shares of Aptiv in a research note on Friday, January 25th. They set a “neutral” rating and a $68.00 price objective for the company. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $92.94.

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Aptiv Company Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

Further Reading: Why is cost of goods sold important?

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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