Money Concepts Capital Corp Purchases New Shares in Aptiv PLC (NYSE:APTV)

Money Concepts Capital Corp acquired a new stake in Aptiv PLC (NYSE:APTV) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 8,619 shares of the auto parts company’s stock, valued at approximately $521,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wolff Wiese Magana LLC raised its position in shares of Aptiv by 44.3% during the third 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 last quarter. Mather Group LLC. raised its stake in shares of 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 buying an additional 176 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Aptiv by 16.8% in the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock valued at $88,000 after buying an additional 176 shares during the period. Boston Common Asset Management LLC boosted its stake in Aptiv by 4.8% in the fourth quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock valued at $249,000 after acquiring an additional 188 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in Aptiv by 4.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 4,632 shares of the auto parts company’s stock worth $334,000 after acquiring an additional 218 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analyst Ratings Changes

APTV has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut their price target on Aptiv from $76.00 to $66.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. JPMorgan Chase & Co. increased their target price on Aptiv from $107.00 to $113.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Barclays decreased their target price on Aptiv from $80.00 to $75.00 and set an “overweight” rating for the company in a research report on Wednesday, January 22nd. Wells Fargo & Company increased their price target on shares of Aptiv from $70.00 to $76.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Finally, Raymond James restated a “market perform” rating on shares of Aptiv in a report on Monday. One analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $85.00.

Aptiv Trading Up 3.4 %

NYSE APTV opened at $63.38 on Friday. The stock has a market capitalization of $14.90 billion, a price-to-earnings ratio of 7.07, a PEG ratio of 0.55 and a beta of 1.74. Aptiv PLC has a 52 week low of $51.47 and a 52 week high of $85.56. The stock’s 50 day moving average price is $59.91 and its two-hundred day moving average price is $64.24. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. As a group, analysts anticipate that Aptiv PLC will post 6.18 earnings per share for the current fiscal year.

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.