Hazlett Burt & Watson Inc. Buys 1,145 Shares of Aptiv PLC (NYSE:APTV)

Hazlett Burt & Watson Inc. grew its stake in Aptiv PLC (NYSE:APTV) by 163.1% during the 4th quarter, HoldingsChannel reports. The fund owned 1,847 shares of the auto parts company’s stock after purchasing an additional 1,145 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Aptiv were worth $110,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Picton Mahoney Asset Management purchased a new position in Aptiv in the 4th quarter worth approximately $37,000. CENTRAL TRUST Co lifted its holdings in shares of Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after purchasing an additional 677 shares in the last quarter. SRS Capital Advisors Inc. boosted its position in shares of Aptiv by 93.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,904 shares of the auto parts company’s stock valued at $115,000 after buying an additional 918 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. bought a new stake in Aptiv in the 4th quarter worth about $204,000. Finally, World Investment Advisors LLC purchased a new position in Aptiv in the 3rd quarter worth about $212,000. 94.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Barclays raised their price target on shares of Aptiv from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, February 7th. TD Cowen initiated coverage on shares of Aptiv in a report on Friday, March 7th. They issued a “buy” rating and a $90.00 target price on the stock. Evercore ISI decreased their target price on shares of Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Finally, UBS Group upped their price objective on Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, Aptiv currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.61.

Aptiv Trading Down 1.7 %

Shares of APTV stock opened at $59.57 on Tuesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53. The stock has a fifty day simple moving average of $64.02 and a two-hundred day simple moving average of $62.94. The firm has a market capitalization of $13.67 billion, a PE ratio of 8.66, a PEG ratio of 0.62 and a beta of 1.78. Aptiv PLC has a 52-week low of $51.47 and a 52-week high of $85.56.

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

Insider Activity

In other news, SVP Benjamin Lyon sold 14,568 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the transaction, the senior vice president now owns 125,237 shares in the company, valued at $8,203,023.50. This trade represents a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.45% of the company’s stock.

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.