Quantum Private Wealth LLC Has $372,000 Position in Aptiv PLC (NYSE:APTV)

Quantum Private Wealth LLC decreased its holdings in shares of Aptiv PLC (NYSE:APTV) by 13.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,168 shares of the auto parts company’s stock after selling 815 shares during the period. Quantum Private Wealth LLC’s holdings in Aptiv were worth $372,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in APTV. Wolff Wiese Magana LLC grew its stake in shares of Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock worth $36,000 after acquiring an additional 155 shares during the period. Signaturefd LLC boosted its position in Aptiv by 6.2% during the second quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company’s stock worth $189,000 after purchasing an additional 156 shares during the period. Mather Group LLC. boosted its position in Aptiv by 36.9% during the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock worth $47,000 after purchasing an additional 176 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Aptiv by 16.8% in the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock worth $88,000 after purchasing an additional 176 shares in the last quarter. Finally, Crewe Advisors LLC lifted its stake in shares of Aptiv by 94.7% during the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock valued at $31,000 after buying an additional 215 shares in the last quarter. 94.21% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. TD Cowen reduced their price objective on shares of Aptiv from $95.00 to $74.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Bank of America cut their target price on Aptiv from $105.00 to $102.00 and set a “buy” rating for the company in a research note on Monday, October 14th. Oppenheimer reduced their price objective on shares of Aptiv from $147.00 to $83.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. JPMorgan Chase & Co. upped their price target on shares of Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Finally, Fox Advisors cut Aptiv from an “overweight” rating to an “equal weight” rating in a report on Tuesday, October 1st. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.00.

Aptiv Trading Down 1.5 %

Shares of NYSE:APTV opened at $54.81 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06. Aptiv PLC has a 1 year low of $52.81 and a 1 year high of $91.66. The company has a market cap of $12.88 billion, a P/E ratio of 6.21, a PEG ratio of 0.52 and a beta of 1.81. The stock’s fifty day moving average price is $68.62 and its 200-day moving average price is $72.11.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.15. The business had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $5.10 billion. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. The firm’s revenue was down 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.30 EPS. Sell-side analysts expect that Aptiv PLC will post 6.19 earnings per share for the current year.

Aptiv Profile

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.