Aptiv PLC (NYSE:APTV) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Aptiv PLC (NYSE:APTV) have received an average rating of “Moderate Buy” from the twenty-four analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating, sixteen have given a buy rating and three have assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $86.50.

APTV has been the topic of a number of research reports. Guggenheim reaffirmed a “buy” rating and set a $73.00 target price on shares of Aptiv in a research report on Thursday, December 5th. StockNews.com initiated coverage on shares of Aptiv in a research report on Tuesday, March 11th. They set a “hold” rating on the stock. Royal Bank of Canada raised their target price on shares of Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Oppenheimer raised their target price on shares of Aptiv from $83.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Finally, Hsbc Global Res raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th.

Aptiv Stock Down 0.8 %

Shares of NYSE APTV opened at $62.75 on Tuesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The company has a market cap of $14.40 billion, a P/E ratio of 9.12, a PEG ratio of 0.62 and a beta of 1.78. Aptiv has a 1 year low of $51.47 and a 1 year high of $85.56. The firm has a 50-day simple moving average of $63.67 and a two-hundred day simple moving average of $63.38.

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, 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%. Research analysts anticipate that Aptiv will post 7.2 earnings per share for the current year.

Insider Transactions at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the sale, the senior vice president now directly owns 125,237 shares in the company, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.34% of the company’s stock.

Institutional Investors Weigh In On Aptiv

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of Aptiv during the fourth quarter worth $5,428,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Aptiv during the fourth quarter worth $2,891,000. Mackenzie Financial Corp lifted its stake in shares of Aptiv by 0.7% during the fourth quarter. Mackenzie Financial Corp now owns 98,241 shares of the auto parts company’s stock worth $5,942,000 after buying an additional 666 shares during the period. Formidable Asset Management LLC acquired a new stake in shares of Aptiv during the fourth quarter worth $460,000. Finally, GTS Securities LLC lifted its position in Aptiv by 224.8% during the fourth quarter. GTS Securities LLC now owns 7,769 shares of the auto parts company’s stock valued at $470,000 after purchasing an additional 13,993 shares during the period. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Company 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.