333,336 Shares in Aptiv PLC (NYSE:APTV) Acquired by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA bought a new position in Aptiv PLC (NYSE:APTV) during the 4th quarter, Holdings Channel reports. The institutional investor bought 333,336 shares of the auto parts company’s stock, valued at approximately $20,160,000.

Several other institutional investors and hedge funds have also bought and sold shares of APTV. Sumitomo Life Insurance Co. lifted its stake in Aptiv by 2.8% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 16,490 shares of the auto parts company’s stock worth $1,187,000 after purchasing an additional 445 shares in the last quarter. Wolff Wiese Magana LLC lifted its stake in Aptiv by 44.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock worth $36,000 after purchasing an additional 155 shares in the last quarter. Ellsworth Advisors LLC lifted its stake in Aptiv by 2.5% in the 3rd quarter. Ellsworth Advisors LLC now owns 22,000 shares of the auto parts company’s stock worth $1,584,000 after purchasing an additional 544 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Aptiv by 2.1% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 45,414 shares of the auto parts company’s stock worth $3,270,000 after purchasing an additional 918 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its stake in Aptiv by 42.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 8,694 shares of the auto parts company’s stock worth $626,000 after purchasing an additional 2,593 shares in the last quarter. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on APTV. Hsbc Global Res upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Oppenheimer raised their price objective on shares of Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Royal Bank of Canada raised their price objective on shares of Aptiv from $75.00 to $82.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Finally, Argus upgraded shares of Aptiv to a “strong-buy” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Aptiv has an average rating of “Moderate Buy” and a consensus target price of $85.61.

Aptiv Price Performance

Shares of NYSE:APTV opened at $66.46 on Friday. The stock has a market cap of $15.62 billion, a PE ratio of 9.66, a PEG ratio of 0.54 and a beta of 1.74. The company’s fifty day moving average is $60.75 and its 200 day moving average is $64.10. Aptiv PLC has a 52 week low of $51.47 and a 52 week high of $85.56. The company has a quick ratio of 1.06, a current ratio of 1.53 and a debt-to-equity ratio of 0.87.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 PLC will post 7.14 earnings per share for the current year.

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.