Wealth Enhancement Advisory Services LLC Raises Stock Holdings in Aptiv PLC (NYSE:APTV)

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Aptiv PLC (NYSE:APTV) by 3.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,762 shares of the auto parts company’s stock after acquiring an additional 371 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Aptiv were worth $775,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of APTV. Wolff Wiese Magana LLC increased its position in Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after purchasing an additional 155 shares during the period. Signaturefd LLC raised its stake in Aptiv by 6.2% in the second quarter. Signaturefd LLC now owns 2,682 shares of the auto parts company’s stock worth $189,000 after buying an additional 156 shares in the last quarter. Mather Group LLC. lifted its holdings in Aptiv by 36.9% during the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock worth $47,000 after buying an additional 176 shares during the period. Crewe Advisors LLC lifted its holdings in Aptiv by 94.7% during the second quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock worth $31,000 after buying an additional 215 shares during the period. Finally, Augustine Asset Management Inc. boosted its position in Aptiv by 0.6% during the 2nd quarter. Augustine Asset Management Inc. now owns 53,797 shares of the auto parts company’s stock valued at $3,788,000 after acquiring an additional 297 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on APTV shares. StockNews.com initiated coverage on shares of Aptiv in a report on Sunday. They issued a “hold” rating on the stock. UBS Group reduced their target price on shares of Aptiv from $107.00 to $99.00 and set a “buy” rating for the company in a report on Wednesday, July 10th. Fox Advisors downgraded Aptiv from an “overweight” rating to an “equal weight” rating in a report on Tuesday, October 1st. Citigroup lowered their target price on shares of Aptiv from $128.00 to $108.00 and set a “buy” rating on the stock in a research note on Friday, July 12th. Finally, Oppenheimer decreased their target price on Aptiv from $147.00 to $83.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $87.00.

Aptiv Stock Down 2.6 %

Aptiv stock opened at $53.83 on Thursday. The company has a current ratio of 1.50, a quick ratio of 1.06 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $14.31 billion, a P/E ratio of 6.01, a P/E/G ratio of 0.52 and a beta of 1.81. The stock’s fifty day simple moving average is $68.62 and its 200-day simple moving average is $72.11. Aptiv PLC has a twelve month low of $52.81 and a twelve month high of $91.66.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.15. The company had revenue of $4.85 billion during 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%. Aptiv’s revenue for the quarter was down 5.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.30 EPS. As a group, equities analysts expect that Aptiv PLC will post 6.2 earnings per share for the current fiscal year.

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.