Northwest & Ethical Investments L.P. Has $16.69 Million Position in Aptiv PLC (NYSE:APTV)

Northwest & Ethical Investments L.P. lessened its position in Aptiv PLC (NYSE:APTV) by 8.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 231,796 shares of the auto parts company’s stock after selling 21,341 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in Aptiv were worth $16,692,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Hyperion Capital Advisors LP increased its position in shares of Aptiv by 19.2% in the third quarter. Hyperion Capital Advisors LP now owns 3,575 shares of the auto parts company’s stock valued at $257,000 after acquiring an additional 575 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Aptiv by 1,390.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock valued at $386,103,000 after purchasing an additional 5,002,090 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Aptiv by 73.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 111,401 shares of the auto parts company’s stock worth $8,022,000 after purchasing an additional 47,215 shares during the last quarter. Providence Capital Advisors LLC boosted its holdings in shares of Aptiv by 32.7% in the 3rd quarter. Providence Capital Advisors LLC now owns 87,115 shares of the auto parts company’s stock valued at $6,273,000 after buying an additional 21,458 shares during the last quarter. Finally, Bridgewater Associates LP bought a new position in shares of Aptiv in the third quarter valued at $1,075,000. Institutional investors own 94.21% of the company’s stock.

Aptiv Price Performance

Shares of NYSE APTV traded up $0.24 during mid-day trading on Thursday, reaching $55.52. The company had a trading volume of 2,704,610 shares, compared to its average volume of 3,157,130. The business’s 50-day simple moving average is $64.27 and its 200 day simple moving average is $69.86. The firm has a market cap of $13.05 billion, a price-to-earnings ratio of 6.19, a PEG ratio of 0.58 and a beta of 1.81. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.06 and a current ratio of 1.50. Aptiv PLC has a one year low of $51.47 and a one year high of $91.66.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.15. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The firm had revenue of $4.85 billion for the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter last year, the business posted $1.30 EPS. The company’s revenue was down 5.1% compared to the same quarter last year. On average, research analysts predict that Aptiv PLC will post 6.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

APTV has been the subject of a number of recent analyst reports. Robert W. Baird cut their price target on shares of Aptiv from $85.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. Oppenheimer reduced their price target on Aptiv from $147.00 to $83.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Guggenheim dropped their price objective on Aptiv from $87.00 to $73.00 and set a “buy” rating on the stock in a research note on Thursday, November 21st. Morgan Stanley reduced their target price on Aptiv from $68.00 to $60.00 and set an “underweight” rating for the company in a research note on Thursday, November 14th. Finally, JPMorgan Chase & Co. increased their price target on Aptiv from $107.00 to $113.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $85.29.

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.