Aptiv (NYSE:APTV) Earns “Hold” Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of Aptiv (NYSE:APTV) in a report published on Tuesday morning, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a $74.00 target price on the auto parts company’s stock.

APTV has been the topic of several other reports. JPMorgan Chase & Co. upped their price objective on shares of Aptiv from $104.00 to $107.00 and gave the stock an overweight rating in a research note on Monday, August 5th. Wells Fargo & Company dropped their price target on Aptiv from $82.00 to $78.00 and set an equal weight rating for the company in a report on Friday, August 2nd. Evercore ISI cut their price objective on Aptiv from $125.00 to $115.00 and set an outperform rating for the company in a research report on Monday, July 15th. Barclays decreased their target price on Aptiv from $105.00 to $100.00 and set an overweight rating on the stock in a report on Monday, August 5th. Finally, Robert W. Baird cut their price target on Aptiv from $90.00 to $83.00 and set a neutral rating for the company in a report on Friday, July 12th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, Aptiv currently has a consensus rating of Moderate Buy and a consensus price target of $94.88.

Aptiv Trading Up 2.3 %

Shares of APTV opened at $67.00 on Tuesday. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 0.47. The stock has a market cap of $18.23 billion, a PE ratio of 6.31, a PEG ratio of 0.63 and a beta of 1.79. Aptiv has a 1 year low of $63.62 and a 1 year high of $104.72. The stock has a 50 day simple moving average of $69.64 and a 200-day simple moving average of $74.46.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, August 1st. The auto parts company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.16. Aptiv had a return on equity of 13.19% and a net margin of 18.46%. The firm had revenue of $5.05 billion during the quarter, compared to analyst estimates of $5.30 billion. During the same period in the prior year, the company posted $1.25 earnings per share. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. On average, sell-side analysts predict that Aptiv will post 6.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in APTV. Private Advisor Group LLC acquired a new position in Aptiv in the fourth quarter valued at about $316,000. Lincoln National Corp acquired a new position in Aptiv during the fourth quarter valued at approximately $284,000. Jump Financial LLC bought a new stake in Aptiv in the fourth quarter valued at approximately $781,000. QRG Capital Management Inc. grew its holdings in shares of Aptiv by 3.7% in the 4th quarter. QRG Capital Management Inc. now owns 10,849 shares of the auto parts company’s stock valued at $973,000 after buying an additional 388 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Aptiv by 29.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,207,056 shares of the auto parts company’s stock worth $198,030,000 after buying an additional 506,582 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

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.