Calamos Wealth Management LLC bought a new position in shares of Aptiv PLC (NYSE:APTV) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 5,421 shares of the auto parts company’s stock, valued at approximately $515,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of APTV. Price T Rowe Associates Inc. MD lifted its stake in Aptiv by 6.6% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 45,290,324 shares of the auto parts company’s stock worth $3,660,817,000 after acquiring an additional 2,805,856 shares in the last quarter. Nuveen Asset Management LLC raised its position in Aptiv by 41,426.6% in the 2nd quarter. Nuveen Asset Management LLC now owns 2,584,199 shares of the auto parts company’s stock valued at $208,881,000 after purchasing an additional 2,577,976 shares in the last quarter. Amundi Pioneer Asset Management Inc. raised its position in Aptiv by 74.6% in the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 2,043,930 shares of the auto parts company’s stock valued at $172,110,000 after purchasing an additional 872,968 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in Aptiv in the 2nd quarter valued at about $41,230,000. Finally, Invesco Ltd. raised its position in Aptiv by 11.5% in the 2nd quarter. Invesco Ltd. now owns 3,821,137 shares of the auto parts company’s stock valued at $308,864,000 after purchasing an additional 395,530 shares in the last quarter. 93.52% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities research analysts have issued reports on APTV shares. Guggenheim started coverage on Aptiv in a research report on Tuesday, October 15th. They issued a “buy” rating and a $98.00 price target on the stock. Wolfe Research raised Aptiv from a “peer perform” rating to an “outperform” rating and set a $101.00 price target on the stock in a research report on Friday, November 22nd. Credit Suisse Group reaffirmed a “buy” rating and issued a $95.00 price target on shares of Aptiv in a research report on Monday, November 4th. Piper Jaffray Companies raised Aptiv from a “neutral” rating to an “overweight” rating and increased their price target for the company from $81.00 to $114.00 in a research report on Tuesday, December 3rd. Finally, ValuEngine lowered Aptiv from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $96.14.
Shares of NYSE APTV opened at $87.89 on Thursday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.04 and a current ratio of 1.39. Aptiv PLC has a fifty-two week low of $63.36 and a fifty-two week high of $99.04. The firm has a market capitalization of $22.72 billion, a PE ratio of 16.71, a price-to-earnings-growth ratio of 1.47 and a beta of 2.01. The stock’s 50-day simple moving average is $93.83 and its 200-day simple moving average is $87.77.
Aptiv (NYSE:APTV) last issued its earnings results on Wednesday, October 30th. The auto parts company reported $1.27 earnings per share for the quarter, hitting the consensus estimate of $1.27. Aptiv had a return on equity of 34.88% and a net margin of 6.99%. The business had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.61 billion. During the same quarter last year, the company earned $1.24 EPS. The business’s quarterly revenue was up 2.1% on a year-over-year basis. On average, sell-side analysts forecast that Aptiv PLC will post 4.67 earnings per share for the current fiscal year.
In other news, SVP David M. Sherbin sold 5,500 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $93.38, for a total transaction of $513,590.00. 0.40% of the stock is currently owned by company insiders.
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.
Read More: How do candlesticks reflect price movement?
Want to see what other hedge funds are holding APTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aptiv PLC (NYSE:APTV).
Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.