Cooper Financial Group Boosts Stock Holdings in Aptiv PLC (NYSE:APTV)

Cooper Financial Group lifted its stake in shares of Aptiv PLC (NYSE:APTV) by 9.5% during the second quarter, HoldingsChannel.com reports. The firm owned 8,417 shares of the auto parts company’s stock after purchasing an additional 728 shares during the quarter. Cooper Financial Group’s holdings in Aptiv were worth $593,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Riverview Trust Co bought a new stake in Aptiv in the 1st quarter worth $25,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of Aptiv in the 1st quarter worth about $28,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Aptiv during the 4th quarter valued at about $29,000. GAMMA Investing LLC bought a new stake in Aptiv during the 4th quarter valued at approximately $32,000. Finally, Clearstead Trust LLC raised its holdings in Aptiv by 305.0% in the first quarter. Clearstead Trust LLC now owns 405 shares of the auto parts company’s stock worth $32,000 after purchasing an additional 305 shares in the last quarter. 94.21% of the stock is owned by institutional investors.

Insider Activity at Aptiv

In other Aptiv news, Director Nancy E. Cooper sold 394 shares of the stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $76.98, for a total value of $30,330.12. Following the completion of the sale, the director now directly owns 13,636 shares in the company, valued at $1,049,699.28. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.34% of the stock is currently owned by corporate insiders.

Aptiv Trading Up 1.3 %

APTV stock traded up $0.89 during mid-day trading on Tuesday, reaching $68.14. The company had a trading volume of 1,310,013 shares, compared to its average volume of 2,933,839. The company has a market capitalization of $18.54 billion, a PE ratio of 6.34, a price-to-earnings-growth ratio of 0.66 and a beta of 1.79. The firm has a 50 day moving average of $71.62 and a 200 day moving average of $76.28. Aptiv PLC has a 12 month low of $65.13 and a 12 month high of $104.72. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.49 and a quick ratio of 0.89.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Thursday, August 1st. The auto parts company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.16. Aptiv had a return on equity of 13.19% and a net margin of 18.46%. The business had revenue of $5.05 billion for the quarter, compared to the consensus estimate of $5.30 billion. During the same quarter in the prior year, the company earned $1.25 EPS. The business’s revenue was down 2.9% compared to the same quarter last year. On average, equities analysts predict that Aptiv PLC will post 6.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

APTV has been the subject of a number of recent analyst reports. Barclays decreased their price objective on shares of Aptiv from $105.00 to $100.00 and set an “overweight” rating for the company in a report on Monday, August 5th. UBS Group cut their price objective on shares of Aptiv from $107.00 to $99.00 and set a “buy” rating for the company in a research report on Wednesday, July 10th. The Goldman Sachs Group dropped their price objective on Aptiv from $118.00 to $101.00 and set a “buy” rating for the company in a research note on Wednesday, July 10th. Piper Sandler downgraded Aptiv from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $78.00 to $63.00 in a research note on Wednesday, June 26th. Finally, Robert W. Baird decreased their price target on shares of Aptiv from $90.00 to $83.00 and set a “neutral” rating on the stock in a research note on Friday, July 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $97.00.

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.