Aptiv PLC (NYSE:APTV) Shares Purchased by Crystal Rock Capital Management

Crystal Rock Capital Management increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 32.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 58,585 shares of the auto parts company’s stock after acquiring an additional 14,300 shares during the period. Aptiv makes up about 3.5% of Crystal Rock Capital Management’s portfolio, making the stock its 11th largest holding. Crystal Rock Capital Management’s holdings in Aptiv were worth $5,256,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Assetmark Inc. raised its position in shares of Aptiv by 7.8% during the 3rd quarter. Assetmark Inc. now owns 1,780 shares of the auto parts company’s stock worth $175,000 after purchasing an additional 129 shares during the last quarter. Steph & Co. raised its stake in Aptiv by 4.3% in the 3rd quarter. Steph & Co. now owns 3,149 shares of the auto parts company’s stock valued at $310,000 after purchasing an additional 130 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in Aptiv by 2.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 6,440 shares of the auto parts company’s stock worth $578,000 after purchasing an additional 145 shares during the last quarter. Bangor Savings Bank raised its position in shares of Aptiv by 1.4% in the fourth quarter. Bangor Savings Bank now owns 11,648 shares of the auto parts company’s stock valued at $1,045,000 after buying an additional 163 shares during the last quarter. Finally, River Street Advisors LLC boosted its position in Aptiv by 8.7% during the third quarter. River Street Advisors LLC now owns 2,609 shares of the auto parts company’s stock worth $257,000 after acquiring an additional 209 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on APTV. Robert W. Baird lowered Aptiv from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $105.00 to $96.00 in a research report on Wednesday, January 3rd. JPMorgan Chase & Co. dropped their price target on shares of Aptiv from $110.00 to $109.00 and set an “overweight” rating for the company in a research note on Monday, April 22nd. UBS Group increased their price objective on Aptiv from $107.00 to $110.00 in a research report on Monday, April 8th. Royal Bank of Canada cut their price objective on Aptiv from $115.00 to $104.00 and set an “outperform” rating for the company in a research report on Thursday, February 1st. Finally, Wells Fargo & Company lowered their target price on shares of Aptiv from $84.00 to $83.00 in a research note on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $109.93.

Aptiv Price Performance

Aptiv stock traded down $1.25 during midday trading on Wednesday, reaching $69.75. The company’s stock had a trading volume of 4,188,054 shares, compared to its average volume of 2,652,851. The stock’s 50 day simple moving average is $76.21 and its 200 day simple moving average is $80.93. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.22 and a current ratio of 1.72. The firm has a market capitalization of $19.02 billion, a PE ratio of 6.82, a P/E/G ratio of 0.92 and a beta of 1.90. Aptiv PLC has a fifty-two week low of $68.84 and a fifty-two week high of $113.60.

Aptiv (NYSE:APTV) last issued its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.11. The company had revenue of $4.92 billion during the quarter, compared to analysts’ expectations of $4.95 billion. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. On average, equities research analysts forecast that Aptiv PLC will post 5.63 earnings per share for the current year.

Insiders Place Their Bets

In other Aptiv news, SVP Benjamin Lyon sold 18,680 shares of Aptiv stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $77.69, for a total transaction of $1,451,249.20. Following the completion of the transaction, the senior vice president now owns 95,211 shares in the company, valued at $7,396,942.59. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.34% of the stock is owned by company insiders.

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.