Summit Trail Advisors LLC Sells 868 Shares of Aptiv PLC (NYSE:APTV)

Summit Trail Advisors LLC decreased its holdings in Aptiv PLC (NYSE:APTV) by 20.3% in the 4th quarter, HoldingsChannel reports. The firm owned 3,408 shares of the auto parts company’s stock after selling 868 shares during the quarter. Summit Trail Advisors LLC’s holdings in Aptiv were worth $206,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of APTV. Empowered Funds LLC raised its holdings in shares of Aptiv by 2,056.7% in the fourth quarter. Empowered Funds LLC now owns 138,118 shares of the auto parts company’s stock valued at $8,353,000 after buying an additional 131,714 shares during the last quarter. Robocap Asset Management Ltd raised its stake in shares of Aptiv by 27.5% in the fourth quarter. Robocap Asset Management Ltd now owns 32,611 shares of the auto parts company’s stock worth $1,972,000 after acquiring an additional 7,034 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Aptiv by 6.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 767,430 shares of the auto parts company’s stock worth $46,414,000 after acquiring an additional 44,468 shares during the last quarter. Tectonic Advisors LLC grew its stake in shares of Aptiv by 5.7% during the fourth quarter. Tectonic Advisors LLC now owns 17,099 shares of the auto parts company’s stock valued at $1,034,000 after purchasing an additional 915 shares during the last quarter. Finally, Money Concepts Capital Corp bought a new stake in shares of Aptiv during the fourth quarter valued at approximately $521,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on APTV. Evercore ISI reduced their price objective on Aptiv from $105.00 to $95.00 and set an “outperform” rating on the stock in a report on Monday. UBS Group upped their price target on Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a research note 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. TD Cowen cut their target price on shares of Aptiv from $95.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Finally, Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $85.61.

Aptiv Stock Up 1.3 %

NYSE:APTV opened at $65.48 on Thursday. The stock has a market cap of $15.39 billion, a price-to-earnings ratio of 9.52, a PEG ratio of 0.54 and a beta of 1.74. The company has a current ratio of 1.53, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87. The stock has a 50-day moving average price of $60.57 and a two-hundred day moving average price of $64.09. Aptiv PLC has a 1 year low of $51.47 and a 1 year high of $85.56.

Aptiv (NYSE:APTV) last issued its quarterly earnings data 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%. As a group, equities analysts expect that Aptiv PLC will post 7.14 earnings per share for the current 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.