Sentry Investment Management LLC Has $133,000 Stake in Aptiv PLC (NYSE:APTV)

Sentry Investment Management LLC lessened its position in shares of Aptiv PLC (NYSE:APTV) by 9.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,483 shares of the auto parts company’s stock after selling 159 shares during the period. Sentry Investment Management LLC’s holdings in Aptiv were worth $133,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in APTV. Salem Investment Counselors Inc. increased its position in Aptiv by 176.0% during the 2nd quarter. Salem Investment Counselors Inc. now owns 276 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 176 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Aptiv in the fourth quarter valued at about $29,000. FWL Investment Management LLC bought a new position in Aptiv during the fourth quarter worth $30,000. BluePath Capital Management LLC acquired a new position in Aptiv in the third quarter valued at approximately $55,000. Finally, KB Financial Partners LLC acquired a new position in shares of Aptiv during the first quarter valued at about $56,000. Institutional investors own 94.21% of the company’s stock.

Aptiv Stock Down 3.6 %

APTV stock opened at $69.35 on Thursday. Aptiv PLC has a 1-year low of $69.30 and a 1-year high of $113.60. The stock has a market cap of $18.91 billion, a price-to-earnings ratio of 6.69, a price-to-earnings-growth ratio of 0.94 and a beta of 1.90. The company has a current ratio of 1.72, a quick ratio of 1.22 and a debt-to-equity ratio of 0.53. The company’s 50 day moving average is $77.91 and its 200 day moving average is $82.67.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. The company had revenue of $4.92 billion during the quarter, compared to the consensus estimate of $4.95 billion. Sell-side analysts predict that Aptiv PLC will post 5.66 EPS for the current fiscal year.

Insider Activity

In other news, SVP Benjamin Lyon sold 18,680 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $77.69, for a total transaction of $1,451,249.20. Following the transaction, the senior vice president now directly owns 95,211 shares of the company’s stock, valued at $7,396,942.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.34% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

APTV has been the topic of a number of research reports. Guggenheim lowered their target price on Aptiv from $103.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday. Royal Bank of Canada dropped their target price on shares of Aptiv from $115.00 to $104.00 and set an “outperform” rating on the stock in a research report on Thursday, February 1st. Morgan Stanley lowered Aptiv from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $90.00 to $74.00 in a research report on Wednesday, February 7th. Robert W. Baird downgraded shares of Aptiv from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $105.00 to $96.00 in a research report on Wednesday, January 3rd. Finally, Wells Fargo & Company dropped their price objective on Aptiv from $84.00 to $83.00 in a research note on Monday, April 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $110.36.

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.