MGO One Seven LLC Lowers Stock Position in Aptiv PLC (NYSE:APTV)

MGO One Seven LLC lowered its position in Aptiv PLC (NYSE:APTV – Free Report) by 69.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,432 shares of the auto parts company’s stock after selling 7,873 shares during the period. MGO One Seven LLC’s holdings in Aptiv were worth $385,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Kentucky Retirement Systems grew its position in Aptiv by 0.4% during the fourth quarter. Kentucky Retirement Systems now owns 21,301 shares of the auto parts company’s stock valued at $1,984,000 after buying an additional 93 shares during the period. Louisiana State Employees Retirement System grew its position in Aptiv by 0.6% during the first quarter. Louisiana State Employees Retirement System now owns 17,600 shares of the auto parts company’s stock valued at $1,975,000 after buying an additional 100 shares during the period. Toroso Investments LLC grew its position in Aptiv by 3.3% during the third quarter. Toroso Investments LLC now owns 3,320 shares of the auto parts company’s stock valued at $260,000 after buying an additional 107 shares during the period. Ropes Wealth Advisors LLC boosted its position in Aptiv by 4.9% during the first quarter. Ropes Wealth Advisors LLC now owns 2,536 shares of the auto parts company’s stock worth $285,000 after purchasing an additional 118 shares during the period. Finally, MV Capital Management Inc. boosted its position in Aptiv by 77.3% during the first quarter. MV Capital Management Inc. now owns 273 shares of the auto parts company’s stock worth $31,000 after purchasing an additional 119 shares during the period. Hedge funds and other institutional investors own 92.21% of the company’s stock.

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Aptiv Trading Up 0.7 %

APTV stock opened at $99.43 on Tuesday. The company has a market capitalization of $28.12 billion, a PE ratio of 30.22, a price-to-earnings-growth ratio of 1.15 and a beta of 2.02. Aptiv PLC has a one year low of $77.96 and a one year high of $124.88. The company’s 50 day moving average price is $104.34 and its two-hundred day moving average price is $105.71. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.24 and a current ratio of 1.76.

Wall Street Analysts Forecast Growth

APTV has been the subject of a number of research reports. Wolfe Research upgraded shares of Aptiv from a “peer perform” rating to an “outperform” rating and set a $130.00 target price for the company in a research report on Thursday, June 8th. Oppenheimer raised their price objective on shares of Aptiv from $146.00 to $149.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Aptiv from $136.00 to $128.00 in a research report on Friday, May 5th. Citigroup raised their price objective on shares of Aptiv from $155.00 to $162.00 in a research report on Friday, August 4th. Finally, Bank of America upgraded shares of Aptiv from a “neutral” rating to a “buy” rating and raised their price objective for the company from $130.00 to $140.00 in a research report on Thursday, July 6th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $133.50.

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Aptiv Profile

(Free Report)

Aptiv PLC engages in design, manufacture, and sale of vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates in two segments, Signal and Power Solutions, and Advanced Safety and User Experience.

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