WR Wealth Planners LLC Reduces Holdings in Aptiv PLC (NYSE:APTV)

WR Wealth Planners LLC cut its stake in shares of Aptiv PLC (NYSE:APTV) by 10.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,822 shares of the auto parts company’s stock after selling 1,059 shares during the quarter. WR Wealth Planners LLC’s holdings in Aptiv were worth $534,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Brown Brothers Harriman & Co. boosted its holdings in Aptiv by 1,410.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after acquiring an additional 409 shares during the period. Capital Performance Advisors LLP purchased a new stake in Aptiv during the 3rd quarter valued at about $43,000. Brooklyn Investment Group purchased a new stake in Aptiv during the 3rd quarter valued at about $43,000. Hazlett Burt & Watson Inc. boosted its holdings in Aptiv by 100.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 702 shares of the auto parts company’s stock valued at $50,000 after acquiring an additional 351 shares during the period. Finally, CENTRAL TRUST Co boosted its holdings in Aptiv by 356.3% during the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after acquiring an additional 677 shares during the period. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on APTV shares. Deutsche Bank Aktiengesellschaft upgraded Aptiv from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a report on Friday, February 7th. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. UBS Group lifted their price objective on Aptiv from $82.00 to $91.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Raymond James reiterated a “market perform” rating on shares of Aptiv in a research report on Monday, February 3rd. Finally, Royal Bank of Canada lifted their price objective on Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $85.61.

Aptiv Stock Down 0.4 %

Shares of NYSE:APTV opened at $65.05 on Friday. The stock has a fifty day simple moving average of $62.86 and a two-hundred day simple moving average of $63.93. The stock has a market capitalization of $14.93 billion, a price-to-earnings ratio of 9.46, a PEG ratio of 0.62 and a beta of 1.74. Aptiv PLC has a 12-month low of $51.47 and a 12-month high of $85.56. 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 (NYSE:APTV) last announced its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, research analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current fiscal 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.