Brinker Capital Investments LLC Trims Stock Holdings in Aptiv PLC (NYSE:APTV)

Brinker Capital Investments LLC decreased its position in Aptiv PLC (NYSE:APTVGet Rating) by 8.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,996 shares of the auto parts company’s stock after selling 2,438 shares during the period. Brinker Capital Investments LLC’s holdings in Aptiv were worth $4,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Equitec Proprietary Markets LLC purchased a new position in Aptiv in the 4th quarter worth $31,000. Trust Co. of Vermont acquired a new stake in Aptiv during the 4th quarter worth about $35,000. Tortoise Investment Management LLC acquired a new stake in Aptiv during the 3rd quarter worth about $37,000. Paragon Capital Management Ltd acquired a new stake in Aptiv during the 4th quarter worth about $48,000. Finally, CVA Family Office LLC acquired a new stake in Aptiv during the 4th quarter worth about $49,000. Institutional investors own 91.64% of the company’s stock.

In other news, CEO Kevin P. Clark sold 5,830 shares of Aptiv stock in a transaction that occurred on Wednesday, April 13th. The shares were sold at an average price of $109.98, for a total transaction of $641,183.40. Following the sale, the chief executive officer now owns 676,822 shares of the company’s stock, valued at approximately $74,436,883.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by insiders.

APTV opened at $106.40 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.01 and a quick ratio of 1.53. The company’s 50 day simple moving average is $114.01 and its two-hundred day simple moving average is $143.68. Aptiv PLC has a 1-year low of $94.75 and a 1-year high of $180.81. The firm has a market capitalization of $28.83 billion, a price-to-earnings ratio of 54.56, a price-to-earnings-growth ratio of 2.48 and a beta of 2.07.

Aptiv (NYSE:APTVGet Rating) last released its quarterly earnings results on Thursday, February 3rd. The auto parts company reported $0.56 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.01. The firm had revenue of $4.13 billion for the quarter, compared to analyst estimates of $3.91 billion. Aptiv had a net margin of 3.78% and a return on equity of 8.73%. The business’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.13 EPS. On average, equities analysts anticipate that Aptiv PLC will post 3.83 earnings per share for the current fiscal year.

Several brokerages have weighed in on APTV. Citigroup cut their price target on Aptiv from $206.00 to $181.00 in a research report on Tuesday, April 5th. Zacks Investment Research cut Aptiv from a “hold” rating to a “strong sell” rating and set a $148.00 target price on the stock. in a research report on Friday, January 7th. Bank of America upgraded Aptiv from an “underperform” rating to a “buy” rating and raised their target price for the company from $125.00 to $165.00 in a research report on Wednesday, April 6th. The Goldman Sachs Group dropped their target price on Aptiv from $189.00 to $162.00 and set a “buy” rating on the stock in a research report on Tuesday, March 22nd. Finally, StockNews.com started coverage on Aptiv in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Two analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, Aptiv currently has a consensus rating of “Buy” and a consensus target price of $167.00.

Aptiv Company Profile (Get Rating)

Aptiv PLC designs, manufacturers, and sells vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates in two segment, Signal and Power Solutions, and Advanced Safety and User Experience. The Signal and Power Solutions segment designs, manufactures, and assembles vehicle's electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management products, electrical centers, and hybrid high voltage and safety distribution systems.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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