Aptiv PLC (NYSE:APTV) Shares Bought by Centiva Capital LP

Centiva Capital LP raised its position in Aptiv PLC (NYSE:APTV) by 40.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 40,804 shares of the auto parts company’s stock after purchasing an additional 11,836 shares during the period. Centiva Capital LP’s holdings in Aptiv were worth $2,938,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Cinctive Capital Management LP grew its holdings in Aptiv by 23.5% in the third quarter. Cinctive Capital Management LP now owns 97,304 shares of the auto parts company’s stock valued at $7,007,000 after purchasing an additional 18,504 shares during the last quarter. Concentric Capital Strategies LP boosted its stake in shares of Aptiv by 348.5% during the third quarter. Concentric Capital Strategies LP now owns 100,808 shares of the auto parts company’s stock valued at $7,259,000 after acquiring an additional 78,330 shares during the last quarter. Arosa Capital Management LP acquired a new stake in shares of Aptiv during the third quarter valued at $2,448,000. Benjamin Edwards Inc. boosted its stake in shares of Aptiv by 5,253.1% during the third quarter. Benjamin Edwards Inc. now owns 15,417 shares of the auto parts company’s stock valued at $1,110,000 after acquiring an additional 15,129 shares during the last quarter. Finally, Atom Investors LP acquired a new stake in shares of Aptiv during the third quarter valued at $2,674,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Robert W. Baird decreased their price objective on Aptiv from $85.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. Guggenheim decreased their price objective on Aptiv from $87.00 to $73.00 and set a “buy” rating on the stock in a research note on Thursday, November 21st. JPMorgan Chase & Co. increased their price objective on Aptiv from $107.00 to $113.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Deutsche Bank Aktiengesellschaft decreased their price objective on Aptiv from $76.00 to $66.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. Finally, StockNews.com started coverage on Aptiv in a research note on Wednesday, November 27th. They issued a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $85.29.

Aptiv Stock Performance

Aptiv stock opened at $56.07 on Tuesday. The stock’s 50-day moving average is $63.38 and its 200-day moving average is $69.20. The company has a market cap of $13.18 billion, a price-to-earnings ratio of 6.26, a price-to-earnings-growth ratio of 0.56 and a beta of 1.81. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06. Aptiv PLC has a 12 month low of $51.47 and a 12 month high of $91.66.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.15. The company had revenue of $4.85 billion for the quarter, compared to the consensus estimate of $5.10 billion. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The company’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same period last year, the business posted $1.30 EPS. Equities analysts anticipate that Aptiv PLC will post 6.15 earnings per share for the current year.

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.