OLD Second National Bank of Aurora Sells 202 Shares of Aptiv PLC (NYSE:APTV)

OLD Second National Bank of Aurora decreased its stake in Aptiv PLC (NYSE:APTV) by 0.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,347 shares of the auto parts company’s stock after selling 202 shares during the period. OLD Second National Bank of Aurora’s holdings in Aptiv were worth $1,780,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Wells Fargo & Company MN lifted its position in Aptiv by 6.3% during the fourth quarter. Wells Fargo & Company MN now owns 455,651 shares of the auto parts company’s stock worth $40,881,000 after acquiring an additional 26,933 shares during the last quarter. Gradient Investments LLC lifted its position in Aptiv by 36.1% during the fourth quarter. Gradient Investments LLC now owns 154,944 shares of the auto parts company’s stock worth $13,902,000 after acquiring an additional 41,135 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Aptiv during the fourth quarter worth approximately $13,120,000. FIFTHDELTA Ltd acquired a new stake in Aptiv during the fourth quarter worth approximately $50,767,000. Finally, Trillium Asset Management LLC lifted its position in Aptiv by 33.1% during the fourth quarter. Trillium Asset Management LLC now owns 361,249 shares of the auto parts company’s stock worth $32,411,000 after acquiring an additional 89,786 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

Insider Activity

In other news, Director Nancy E. Cooper sold 394 shares of the stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $76.98, for a total transaction of $30,330.12. Following the completion of the transaction, the director now directly owns 13,636 shares of the company’s stock, valued at approximately $1,049,699.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.34% of the company’s stock.

Aptiv Stock Up 1.1 %

Shares of NYSE:APTV traded up $0.77 during midday trading on Friday, hitting $72.52. 1,933,833 shares of the company’s stock were exchanged, compared to its average volume of 2,793,465. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.29 and a quick ratio of 0.89. The stock has a 50 day moving average price of $77.29 and a 200-day moving average price of $78.62. The company has a market cap of $19.73 billion, a PE ratio of 6.81, a price-to-earnings-growth ratio of 0.67 and a beta of 1.79. Aptiv PLC has a 12 month low of $65.13 and a 12 month high of $113.14.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, May 2nd. The auto parts company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.11. Aptiv had a net margin of 14.87% and a return on equity of 13.21%. The business had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the prior year, the firm posted $0.91 EPS. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Aptiv PLC will post 5.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on APTV. Piper Sandler downgraded shares of Aptiv from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $78.00 to $63.00 in a research report on Wednesday, June 26th. Robert W. Baird dropped their price target on shares of Aptiv from $90.00 to $83.00 and set a “neutral” rating for the company in a research report on Friday. StockNews.com cut shares of Aptiv from a “buy” rating to a “hold” rating in a research note on Friday. Barclays decreased their price objective on shares of Aptiv from $112.00 to $110.00 and set an “overweight” rating on the stock in a research note on Thursday, April 11th. Finally, Guggenheim lifted their price objective on shares of Aptiv from $92.00 to $94.00 and gave the company a “buy” rating in a research note on Wednesday, May 8th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $100.33.

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.