6,265 Shares in Aptiv PLC (NYSE:APTV) Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. bought a new position in Aptiv PLC (NYSE:APTV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,265 shares of the auto parts company’s stock, valued at approximately $379,000.

A number of other large investors also recently modified their holdings of APTV. Sumitomo Life Insurance Co. lifted its holdings in shares of Aptiv by 2.8% during the third quarter. Sumitomo Life Insurance Co. now owns 16,490 shares of the auto parts company’s stock worth $1,187,000 after buying an additional 445 shares during the last quarter. Wolff Wiese Magana LLC lifted its holdings 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 buying an additional 155 shares during the last quarter. Ellsworth Advisors LLC lifted its holdings in shares of Aptiv by 2.5% during the third quarter. Ellsworth Advisors LLC now owns 22,000 shares of the auto parts company’s stock worth $1,584,000 after buying an additional 544 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Aptiv by 2.1% during the third 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 buying an additional 918 shares during the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in shares of Aptiv by 42.5% during the third quarter. V Square Quantitative Management LLC now owns 8,694 shares of the auto parts company’s stock worth $626,000 after buying an additional 2,593 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on APTV. Wells Fargo & Company upped their price target on Aptiv from $76.00 to $86.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Morgan Stanley lowered their price objective on Aptiv from $68.00 to $60.00 and set an “underweight” rating on the stock in a research report on Thursday, November 14th. UBS Group boosted their price objective on Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Guggenheim restated a “buy” rating and set a $73.00 price objective on shares of Aptiv in a research report on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft upgraded Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $85.61.

Aptiv Stock Performance

Shares of NYSE:APTV opened at $66.46 on Friday. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56. The firm has a market cap of $15.62 billion, a PE ratio of 9.66, a price-to-earnings-growth ratio of 0.54 and a beta of 1.74. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.06 and a current ratio of 1.53. The business has a fifty day moving average of $60.75 and a 200-day moving average of $64.10.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, equities research analysts predict that Aptiv PLC will post 7.14 EPS for the current fiscal 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.