Hantz Financial Services Inc. Purchases Shares of 18,903 Aptiv PLC (NYSE:APTV)

Hantz Financial Services Inc. purchased a new stake in shares of Aptiv PLC (NYSE:APTV) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 18,903 shares of the auto parts company’s stock, valued at approximately $1,331,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of APTV. Financial Advocates Investment Management grew its stake in shares of Aptiv by 5.9% in the 4th quarter. Financial Advocates Investment Management now owns 2,356 shares of the auto parts company’s stock worth $211,000 after acquiring an additional 132 shares in the last quarter. Broderick Brian C grew its stake in shares of Aptiv by 0.6% in the 1st quarter. Broderick Brian C now owns 21,728 shares of the auto parts company’s stock worth $1,731,000 after acquiring an additional 132 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Aptiv by 11.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,444 shares of the auto parts company’s stock worth $130,000 after acquiring an additional 146 shares in the last quarter. Signaturefd LLC grew its stake in shares of Aptiv by 6.2% in the 2nd quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company’s stock worth $189,000 after acquiring an additional 156 shares in the last quarter. Finally, Lindbrook Capital LLC grew its stake in shares of Aptiv by 27.3% in the 1st quarter. Lindbrook Capital LLC now owns 812 shares of the auto parts company’s stock worth $65,000 after acquiring an additional 174 shares in the last quarter. Institutional investors own 94.21% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on APTV shares. Wells Fargo & Company reduced their target price on shares of Aptiv from $82.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, August 2nd. Oppenheimer restated an “outperform” rating and set a $145.00 price target on shares of Aptiv in a research report on Tuesday, July 9th. The Goldman Sachs Group reduced their price target on shares of Aptiv from $118.00 to $101.00 and set a “buy” rating for the company in a research report on Wednesday, July 10th. Bank of America reduced their price target on shares of Aptiv from $115.00 to $105.00 and set a “buy” rating for the company in a research report on Monday, July 22nd. Finally, Barclays reduced their price target on shares of Aptiv from $105.00 to $100.00 and set an “overweight” rating for the company in a research report on Monday, August 5th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a 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 $96.64.

Aptiv Trading Up 0.9 %

Shares of Aptiv stock opened at $71.53 on Friday. Aptiv PLC has a 12-month low of $65.13 and a 12-month high of $104.72. The company has a market cap of $19.46 billion, a price-to-earnings ratio of 6.74, a PEG ratio of 0.66 and a beta of 1.79. The company has a current ratio of 1.49, a quick ratio of 0.89 and a debt-to-equity ratio of 0.47. The company’s 50-day moving average price is $69.97 and its 200-day moving average price is $75.07.

Aptiv (NYSE:APTV) last announced 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 net margin of 18.46% and a return on equity of 13.19%. The firm had revenue of $5.05 billion for the quarter, compared to the consensus estimate of $5.30 billion. During the same period in the prior year, the firm posted $1.25 earnings per share. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. On average, equities analysts expect that Aptiv PLC will post 6.3 earnings per share for the current fiscal year.

Insider Transactions at Aptiv

In related news, Director Nancy E. Cooper sold 394 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $76.98, for a total value of $30,330.12. Following the sale, the director now directly owns 13,636 shares of the company’s stock, valued at $1,049,699.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.34% of the company’s stock.

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.