BDO Wealth Advisors LLC boosted its stake in Aptiv PLC (NYSE:APTV – Get Rating) by 5.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,421 shares of the auto parts company’s stock after acquiring an additional 1,073 shares during the period. BDO Wealth Advisors LLC’s holdings in Aptiv were worth $1,995,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Aptiv by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 29,445,738 shares of the auto parts company’s stock worth $2,302,952,000 after acquiring an additional 290,865 shares in the last quarter. State Street Corp boosted its position in Aptiv by 1.0% during the 3rd quarter. State Street Corp now owns 10,274,779 shares of the auto parts company’s stock worth $803,590,000 after purchasing an additional 98,189 shares during the period. Alliancebernstein L.P. lifted its position in shares of Aptiv by 2.9% during the third quarter. Alliancebernstein L.P. now owns 8,609,715 shares of the auto parts company’s stock worth $673,366,000 after purchasing an additional 241,729 shares in the last quarter. Impax Asset Management Group plc grew its stake in Aptiv by 0.5% during the 3rd quarter. Impax Asset Management Group plc now owns 4,706,143 shares of the auto parts company’s stock valued at $367,703,000 after purchasing an additional 24,056 shares in the last quarter. Finally, UBS Asset Management Americas Inc. boosted its stake in shares of Aptiv by 1.1% during the 3rd quarter. UBS Asset Management Americas Inc. now owns 4,191,489 shares of the auto parts company’s stock valued at $327,816,000 after buying an additional 44,444 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.
Insiders Place Their Bets
In other news, CEO Kevin P. Clark sold 6,665 shares of the business’s stock in a transaction that occurred on Wednesday, February 22nd. The shares were sold at an average price of $115.82, for a total value of $771,940.30. Following the completion of the transaction, the chief executive officer now directly owns 545,907 shares in the company, valued at approximately $63,226,948.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, COO William T. Presley sold 7,000 shares of the stock in a transaction on Monday, March 6th. The shares were sold at an average price of $120.00, for a total transaction of $840,000.00. Following the transaction, the chief operating officer now directly owns 62,833 shares of the company’s stock, valued at $7,539,960. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Kevin P. Clark sold 6,665 shares of the firm’s stock in a transaction on Wednesday, February 22nd. The shares were sold at an average price of $115.82, for a total transaction of $771,940.30. Following the completion of the transaction, the chief executive officer now directly owns 545,907 shares in the company, valued at $63,226,948.74. The disclosure for this sale can be found here. Insiders have sold a total of 20,330 shares of company stock worth $2,388,679 in the last quarter. Corporate insiders own 0.41% of the company’s stock.
Analyst Ratings Changes
Aptiv Trading Up 1.3 %
NYSE:APTV opened at $104.34 on Tuesday. Aptiv PLC has a 1-year low of $77.96 and a 1-year high of $124.88. The company has a current ratio of 1.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $28.28 billion, a price-to-earnings ratio of 53.51, a PEG ratio of 2.21 and a beta of 2.02. The business’s 50-day moving average price is $113.12 and its two-hundred day moving average price is $101.91.
Aptiv (NYSE:APTV – Get Rating) last announced its quarterly earnings data on Thursday, February 2nd. The auto parts company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.08. The business had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.44 billion. Aptiv had a net margin of 3.40% and a return on equity of 11.29%. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.56 earnings per share. On average, equities analysts expect that Aptiv PLC will post 4.26 earnings per share for the current year.
Aptiv Profile
Aptiv Plc is a technology and mobility architecture company, which engages in the business of designing and manufacturing vehicle components; providing electrical, electronic, and active safety technology solutions to the global automotive and commercial vehicle markets; and creating the software and hardware foundation for vehicle features and functionality.
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