Aptiv PLC (NYSE:APTV) Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT trimmed its stake in Aptiv PLC (NYSE:APTV) by 48.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,694 shares of the auto parts company’s stock after selling 3,515 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Aptiv were worth $260,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Broderick Brian C grew its stake in 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 during the period. EverSource Wealth Advisors LLC grew its position in shares of Aptiv by 11.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,444 shares of the auto parts company’s stock valued at $130,000 after purchasing an additional 146 shares during the period. Signaturefd LLC grew its position in shares of Aptiv by 6.2% in the second quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company’s stock valued at $189,000 after purchasing an additional 156 shares during the period. Lindbrook Capital LLC increased its stake in Aptiv by 27.3% in the first quarter. Lindbrook Capital LLC now owns 812 shares of the auto parts company’s stock valued at $65,000 after purchasing an additional 174 shares during the last quarter. Finally, Advisory Services Network LLC lifted its position in Aptiv by 1.2% during the fourth quarter. Advisory Services Network LLC now owns 14,892 shares of the auto parts company’s stock worth $1,336,000 after buying an additional 180 shares during the period. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on APTV shares. Royal Bank of Canada lifted their price target on Aptiv from $85.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, September 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $74.00 target price on shares of Aptiv in a report on Tuesday, September 10th. Bank of America cut their target price on Aptiv from $115.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, July 22nd. Oppenheimer reiterated an “outperform” rating and set a $145.00 target price on shares of Aptiv in a report on Tuesday, July 9th. Finally, Nomura Securities raised shares of Aptiv from a “strong sell” rating to a “hold” rating in a research report on Monday, August 19th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, Aptiv has a consensus rating of “Moderate Buy” and a consensus target price of $95.44.

Aptiv Trading Down 1.0 %

NYSE:APTV opened at $69.84 on Friday. The stock has a market cap of $19.00 billion, a price-to-earnings ratio of 6.58, a price-to-earnings-growth ratio of 0.60 and a beta of 1.79. Aptiv PLC has a one year low of $63.62 and a one year high of $100.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.09 and a current ratio of 1.49. The business’s 50-day simple moving average is $69.54 and its 200 day simple moving average is $74.08.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, August 1st. The auto parts company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. Aptiv had a return on equity of 13.19% and a net margin of 18.46%. The company had revenue of $5.05 billion for the quarter, compared to analyst estimates of $5.30 billion. During the same period in the prior year, the company posted $1.25 EPS. Aptiv’s quarterly revenue was down 2.9% on a year-over-year basis. As a group, sell-side analysts predict that Aptiv PLC will post 6.28 earnings per share for the current fiscal 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.