Aptiv PLC (NYSE:APTV) Shares Sold by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. lessened its position in shares of Aptiv PLC (NYSE:APTV) by 21.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 35,500 shares of the auto parts company’s stock after selling 9,750 shares during the period. John G Ullman & Associates Inc.’s holdings in Aptiv were worth $3,185,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in APTV. Salem Investment Counselors Inc. grew its position in Aptiv by 176.0% during the second quarter. Salem Investment Counselors Inc. now owns 276 shares of the auto parts company’s stock valued at $25,000 after buying an additional 176 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Aptiv in the fourth quarter valued at about $29,000. FWL Investment Management LLC acquired a new stake in shares of Aptiv in the fourth quarter valued at about $30,000. BluePath Capital Management LLC acquired a new stake in shares of Aptiv in the third quarter valued at about $55,000. Finally, KB Financial Partners LLC acquired a new stake in shares of Aptiv in the first quarter valued at about $56,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on APTV. Barclays dropped their target price on shares of Aptiv from $112.00 to $110.00 and set an “overweight” rating on the stock in a research report on Thursday, April 11th. Royal Bank of Canada dropped their target price on shares of Aptiv from $115.00 to $104.00 and set an “outperform” rating on the stock in a research report on Thursday, February 1st. Morgan Stanley lowered shares of Aptiv from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $90.00 to $74.00 in a research report on Wednesday, February 7th. Robert W. Baird lowered shares of Aptiv from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $105.00 to $96.00 in a research report on Wednesday, January 3rd. Finally, Wells Fargo & Company lowered their price target on shares of Aptiv from $84.00 to $83.00 in a research report on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $110.36.

Insider Activity

In other news, SVP Benjamin Lyon sold 18,680 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $77.69, for a total value of $1,451,249.20. Following the sale, the senior vice president now directly owns 95,211 shares of the company’s stock, valued at approximately $7,396,942.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.34% of the company’s stock.

Aptiv Trading Up 0.4 %

APTV stock traded up $0.31 during trading on Friday, reaching $69.63. 1,867,503 shares of the stock were exchanged, compared to its average volume of 2,671,040. The company has a current ratio of 1.72, a quick ratio of 1.22 and a debt-to-equity ratio of 0.53. The business has a 50 day moving average price of $77.67 and a 200-day moving average price of $82.57. Aptiv PLC has a 1 year low of $68.84 and a 1 year high of $113.60. The firm has a market capitalization of $18.99 billion, a price-to-earnings ratio of 6.73, a P/E/G ratio of 0.90 and a beta of 1.90.

Aptiv (NYSE:APTV) last issued its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.11. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. The company had revenue of $4.92 billion for the quarter, compared to the consensus estimate of $4.95 billion. On average, research analysts predict that Aptiv PLC will post 5.64 earnings per share for the current 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.