Aptiv PLC (NYSE:APTV) Shares Sold by Creative Planning

Creative Planning cut its stake in shares of Aptiv PLC (NYSE:APTV) by 68.1% during the third quarter, HoldingsChannel.com reports. The firm owned 17,748 shares of the auto parts company’s stock after selling 37,910 shares during the period. Creative Planning’s holdings in Aptiv were worth $1,278,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Independence Bank of Kentucky acquired a new position in shares of Aptiv during the 2nd quarter worth $25,000. Clearstead Trust LLC boosted its position in shares of Aptiv by 305.0% in the 1st quarter. Clearstead Trust LLC now owns 405 shares of the auto parts company’s stock worth $32,000 after buying an additional 305 shares in the last quarter. Crewe Advisors LLC boosted its position in shares of Aptiv by 94.7% in the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock worth $31,000 after buying an additional 215 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of Aptiv in the 2nd quarter worth about $38,000. Finally, ZRC Wealth Management LLC boosted its position in shares of Aptiv by 200.5% in the 1st quarter. ZRC Wealth Management LLC now owns 601 shares of the auto parts company’s stock worth $48,000 after buying an additional 401 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Trading Down 0.2 %

NYSE APTV opened at $69.03 on Thursday. Aptiv PLC has a 12 month low of $63.62 and a 12 month high of $91.66. The company has a 50-day moving average of $70.16 and a 200-day moving average of $72.63. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.49 and a quick ratio of 1.09. The company has a market cap of $18.78 billion, a P/E ratio of 6.51, a P/E/G ratio of 0.65 and a beta of 1.79.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Thursday, August 1st. The auto parts company reported $1.58 EPS for the quarter, beating 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 company had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.30 billion. During the same quarter in the prior year, the company posted $1.25 EPS. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. As a group, equities analysts predict that Aptiv PLC will post 6.28 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on APTV. Wolfe Research began coverage on shares of Aptiv in a research report on Thursday, September 5th. They issued an “outperform” rating and a $89.00 price objective on the stock. Royal Bank of Canada boosted their price objective on shares of Aptiv from $85.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, September 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $74.00 price objective on shares of Aptiv in a research report on Tuesday, September 10th. UBS Group reduced their target price on shares of Aptiv from $107.00 to $99.00 and set a “buy” rating on the stock in a report on Wednesday, July 10th. Finally, Evercore ISI reduced their target price on shares of Aptiv from $125.00 to $115.00 and set an “outperform” rating on the stock in a report on Monday, July 15th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and a consensus price target of $95.50.

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.