AE Wealth Management LLC Purchases 1,420 Shares of Aptiv PLC (NYSE:APTV)

AE Wealth Management LLC lifted its position in shares of Aptiv PLC (NYSE:APTV) by 11.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,126 shares of the auto parts company’s stock after acquiring an additional 1,420 shares during the period. AE Wealth Management LLC’s holdings in Aptiv were worth $1,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its position in Aptiv by 6.6% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 45,290,324 shares of the auto parts company’s stock worth $3,660,817,000 after purchasing an additional 2,805,856 shares in the last quarter. State Street Corp increased its position in Aptiv by 0.9% during the 3rd quarter. State Street Corp now owns 10,883,663 shares of the auto parts company’s stock worth $951,451,000 after purchasing an additional 94,635 shares in the last quarter. Nuveen Asset Management LLC increased its position in Aptiv by 41,426.6% during the 2nd quarter. Nuveen Asset Management LLC now owns 2,584,199 shares of the auto parts company’s stock worth $208,881,000 after purchasing an additional 2,577,976 shares in the last quarter. Amundi Pioneer Asset Management Inc. increased its position in Aptiv by 74.6% during the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 2,043,930 shares of the auto parts company’s stock worth $172,110,000 after purchasing an additional 872,968 shares in the last quarter. Finally, Waddell & Reed Financial Inc. increased its position in Aptiv by 23.2% during the 2nd quarter. Waddell & Reed Financial Inc. now owns 1,806,636 shares of the auto parts company’s stock worth $146,030,000 after purchasing an additional 339,957 shares in the last quarter. 93.52% of the stock is owned by institutional investors.

In other news, SVP David M. Sherbin sold 5,500 shares of the stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $93.38, for a total transaction of $513,590.00. Also, SVP Vos Glen W. De sold 2,700 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $88.73, for a total transaction of $239,571.00. Following the sale, the senior vice president now owns 47,462 shares of the company’s stock, valued at $4,211,303.26. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company’s stock.

Shares of NYSE APTV opened at $91.53 on Monday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.04 and a current ratio of 1.39. Aptiv PLC has a 52-week low of $63.36 and a 52-week high of $99.04. The firm has a 50 day moving average price of $93.69 and a two-hundred day moving average price of $87.87. The stock has a market cap of $23.28 billion, a P/E ratio of 23.53, a price-to-earnings-growth ratio of 1.52 and a beta of 2.01.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Wednesday, October 30th. The auto parts company reported $1.27 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.27. Aptiv had a net margin of 6.99% and a return on equity of 34.88%. The firm had revenue of $3.56 billion during the quarter, compared to analysts’ expectations of $3.61 billion. During the same period in the prior year, the company posted $1.24 EPS. The company’s revenue was up 2.1% on a year-over-year basis. Analysts predict that Aptiv PLC will post 4.67 earnings per share for the current fiscal year.

A number of equities analysts recently issued reports on APTV shares. Guggenheim started coverage on shares of Aptiv in a research report on Tuesday, October 15th. They set a “buy” rating and a $98.00 price objective for the company. Credit Suisse Group reiterated a “buy” rating and set a $95.00 price objective on shares of Aptiv in a research report on Monday, November 4th. Piper Jaffray Companies upgraded shares of Aptiv from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $81.00 to $114.00 in a research report on Tuesday, December 3rd. Benchmark started coverage on shares of Aptiv in a research report on Thursday, January 9th. They set a “buy” rating and a $110.00 price objective for the company. Finally, Wolfe Research upgraded shares of Aptiv from a “peer perform” rating to an “outperform” rating and set a $101.00 price objective for the company in a research report on Friday, November 22nd. One analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $96.14.

About Aptiv

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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