Aptiv PLC (APTV) Stake Lowered by Huntington National Bank

Huntington National Bank lessened its position in Aptiv PLC (NYSE:APTV) by 33.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 876 shares of the auto parts company’s stock after selling 446 shares during the period. Huntington National Bank’s holdings in Aptiv were worth $70,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Aptiv by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 22,946,461 shares of the auto parts company’s stock worth $1,925,209,000 after buying an additional 360,751 shares in the last quarter. Vanguard Group Inc lifted its position in Aptiv by 1.6% during the 3rd quarter. Vanguard Group Inc now owns 22,946,461 shares of the auto parts company’s stock worth $1,925,209,000 after buying an additional 360,751 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Aptiv by 11.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 11,838,589 shares of the auto parts company’s stock worth $728,902,000 after buying an additional 1,234,844 shares in the last quarter. Norges Bank acquired a new position in Aptiv during the 4th quarter worth about $380,134,000. Finally, Neuberger Berman Group LLC lifted its position in Aptiv by 11.7% during the 3rd quarter. Neuberger Berman Group LLC now owns 6,083,604 shares of the auto parts company’s stock worth $510,434,000 after buying an additional 638,972 shares in the last quarter. Institutional investors own 96.62% of the company’s stock.

Shares of APTV stock opened at $90.12 on Wednesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 0.95. The stock has a market capitalization of $23.14 billion, a PE ratio of 17.13, a P/E/G ratio of 1.51 and a beta of 1.79. Aptiv PLC has a one year low of $58.80 and a one year high of $103.23.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, January 31st. The auto parts company reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.13. The company had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.53 billion. Aptiv had a return on equity of 37.39% and a net margin of 7.39%. As a group, sell-side analysts expect that Aptiv PLC will post 5.32 earnings per share for the current fiscal year.

Several research analysts recently issued reports on the stock. Nomura assumed coverage on shares of Aptiv in a research report on Friday, January 25th. They set a “neutral” rating and a $68.00 price target on the stock. TheStreet upgraded shares of Aptiv from a “c+” rating to a “b-” rating in a research report on Tuesday, February 5th. Seaport Global Securities assumed coverage on shares of Aptiv in a research report on Wednesday, February 13th. They set a “buy” rating on the stock. BMO Capital Markets upped their target price on shares of Aptiv from $84.00 to $92.00 and gave the company an “outperform” rating in a research report on Friday, February 1st. Finally, Barclays restated a “buy” rating and set a $80.00 target price on shares of Aptiv in a research report on Sunday, January 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $92.25.

In other news, SVP David M. Sherbin sold 19,689 shares of the company’s stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $86.79, for a total value of $1,708,808.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Majdi Abulaban sold 25,130 shares of the company’s stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $80.00, for a total value of $2,010,400.00. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company’s stock.

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About Aptiv

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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