TD Private Client Wealth LLC Sells 258 Shares of Aptiv PLC (NYSE:APTV)

TD Private Client Wealth LLC lowered its holdings in Aptiv PLC (NYSE:APTV) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,857 shares of the auto parts company’s stock after selling 258 shares during the quarter. TD Private Client Wealth LLC’s holdings in Aptiv were worth $233,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. grew its stake in shares of Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after purchasing an additional 409 shares during the period. Picton Mahoney Asset Management acquired a new position in Aptiv during the fourth quarter worth $37,000. Brooklyn Investment Group bought a new position in shares of Aptiv during the third quarter valued at $43,000. CENTRAL TRUST Co grew its holdings in shares of Aptiv by 356.3% in the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after purchasing an additional 677 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of Aptiv during the 3rd quarter worth about $64,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the sale, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at approximately $8,203,023.50. This represents a 10.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.45% of the company’s stock.

Aptiv Stock Performance

Shares of APTV stock opened at $63.83 on Tuesday. The stock has a market cap of $14.65 billion, a PE ratio of 9.28, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. The stock has a 50-day moving average of $63.88 and a 200-day moving average of $63.10. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. As a group, sell-side analysts expect that Aptiv PLC will post 7.2 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research note on Friday, February 7th. StockNews.com initiated coverage on Aptiv in a research report on Wednesday, March 19th. They issued a “hold” rating for the company. Baird R W upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Royal Bank of Canada lifted their price target on Aptiv from $75.00 to $82.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Finally, Wells Fargo & Company increased their price objective on shares of Aptiv from $76.00 to $86.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $86.61.

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.