Smartleaf Asset Management LLC Has $216,000 Stock Holdings in Aptiv PLC (NYSE:APTV)

Smartleaf Asset Management LLC lowered its holdings in shares of Aptiv PLC (NYSE:APTV) by 20.5% in the 4th quarter, HoldingsChannel reports. The firm owned 3,594 shares of the auto parts company’s stock after selling 929 shares during the period. Smartleaf Asset Management LLC’s holdings in Aptiv were worth $216,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in APTV. Brown Brothers Harriman & Co. raised its holdings in shares of Aptiv by 1,410.3% during the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after purchasing an additional 409 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of Aptiv in the 3rd quarter valued at about $43,000. Brooklyn Investment Group bought a new stake in Aptiv in the 3rd quarter valued at about $43,000. CENTRAL TRUST Co raised its stake in Aptiv by 356.3% during the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after buying an additional 677 shares during the period. Finally, Transamerica Financial Advisors Inc. bought a new position in Aptiv in the third quarter worth approximately $64,000. 94.21% of the stock is currently owned by institutional investors.

Aptiv Stock Performance

NYSE APTV opened at $65.13 on Thursday. The company has a market capitalization of $14.94 billion, a PE ratio of 9.47, a price-to-earnings-growth ratio of 0.62 and a beta of 1.74. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. Aptiv PLC has a 52-week low of $51.47 and a 52-week high of $85.56. The company has a 50-day simple moving average of $63.11 and a 200 day simple moving average of $63.81.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. On average, research analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on APTV. Baird R W raised Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Deutsche Bank Aktiengesellschaft raised shares of Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research note on Friday, February 7th. Piper Sandler raised shares of Aptiv from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $53.00 to $65.00 in a research report on Thursday, January 23rd. Raymond James reaffirmed a “market perform” rating on shares of Aptiv in a research report on Monday, February 3rd. Finally, Barclays lifted their price target on Aptiv from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $85.61.

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.