Aptiv PLC (NYSE:APTV) Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Aptiv PLC (NYSE:APTV) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 474,151 shares of the auto parts company’s stock after purchasing an additional 35,426 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.20% of Aptiv worth $28,700,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in APTV. Picton Mahoney Asset Management purchased a new stake in shares of Aptiv in the fourth quarter valued at approximately $37,000. CENTRAL TRUST Co boosted its stake in Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after buying an additional 677 shares during the last quarter. SRS Capital Advisors Inc. grew its holdings in Aptiv by 93.1% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,904 shares of the auto parts company’s stock valued at $115,000 after buying an additional 918 shares in the last quarter. World Investment Advisors LLC acquired a new stake in shares of Aptiv in the 3rd quarter worth $212,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Aptiv during the 3rd quarter worth $234,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the transaction, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at $8,203,023.50. The trade was a 10.42 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.45% of the stock is currently owned by corporate insiders.

Aptiv Trading Down 2.7 %

NYSE APTV opened at $60.58 on Monday. 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 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $13.90 billion, a PE ratio of 8.80, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. The firm has a 50 day moving average of $64.05 and a two-hundred day moving average of $62.99.

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 return on equity of 15.63% and a net margin of 9.07%. As a group, research analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. TD Cowen started coverage on shares of Aptiv in a research report on Friday, March 7th. They set a “buy” rating and a $90.00 price objective for the company. HSBC upgraded shares of Aptiv from a “hold” rating to a “buy” rating and raised their price target for the stock from $63.00 to $77.00 in a report on Tuesday, February 4th. Guggenheim reiterated a “buy” rating and issued a $73.00 price objective on shares of Aptiv in a research report on Thursday, December 5th. Argus upgraded Aptiv to a “strong-buy” rating in a research report on Tuesday, February 11th. Finally, StockNews.com assumed coverage on Aptiv in a report on Thursday. They set a “hold” rating for the company. 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, Aptiv presently has an average rating of “Moderate Buy” and a consensus target price of $86.61.

About Aptiv

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.