Diversified Trust Co Purchases New Stake in Aptiv PLC (APTV)

Diversified Trust Co purchased a new position in shares of Aptiv PLC (NYSE:APTV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 29,446 shares of the auto parts company’s stock, valued at approximately $2,498,000.

Several other hedge funds also recently modified their holdings of the company. Schwab Charles Investment Management Inc. bought a new position in shares of Aptiv during the fourth quarter worth about $80,964,000. Vontobel Asset Management Inc. bought a new position in shares of Aptiv during the fourth quarter worth about $65,345,000. Bank of Montreal Can bought a new position in shares of Aptiv during the fourth quarter worth about $52,667,000. Stralem & Co. Inc. bought a new position in shares of Aptiv during the fourth quarter worth about $20,923,000. Finally, American National Bank bought a new position in shares of Aptiv during the fourth quarter worth about $3,632,000. 90.89% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Bernd Wiedemann sold 17,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $101.54, for a total transaction of $1,726,180.00. Following the transaction, the director now directly owns 7,975 shares in the company, valued at $809,781.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frank J. Dellaquila bought 1,000 shares of Aptiv stock in a transaction dated Friday, December 15th. The shares were bought at an average price of $83.88 per share, for a total transaction of $83,880.00. The disclosure for this purchase can be found here. 0.31% of the stock is currently owned by insiders.

Several equities analysts have recently commented on APTV shares. Royal Bank of Canada reaffirmed a “buy” rating on shares of Aptiv in a research report on Friday, November 3rd. Goldman Sachs Group started coverage on shares of Aptiv in a research report on Tuesday, December 5th. They set a “buy” rating and a $57.00 price target on the stock. Bank of America raised shares of Aptiv from a “neutral” rating to a “buy” rating and set a $120.00 price target on the stock in a research report on Monday, November 20th. Robert W. Baird reduced their price target on shares of Aptiv from $131.00 to $130.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. Finally, Barclays set a $114.00 target price on shares of Aptiv and gave the stock a “buy” rating in a report on Friday, October 20th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. Aptiv has an average rating of “Buy” and an average target price of $93.43.

Shares of Aptiv PLC (NYSE APTV) traded down $0.46 on Friday, reaching $93.10. 1,450,100 shares of the company traded hands, compared to its average volume of 1,934,733. The company has a market cap of $24,700.00, a P/E ratio of 18.15, a PEG ratio of 1.68 and a beta of 1.38. Aptiv PLC has a 12-month low of $58.02 and a 12-month high of $94.18. The company has a quick ratio of 1.22, a current ratio of 1.62 and a debt-to-equity ratio of 1.35.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, November 2nd. The auto parts company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.10. Aptiv had a net margin of 8.00% and a return on equity of 57.92%. The business had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same period in the previous year, the business earned $1.50 EPS. The firm’s revenue was up 5.9% on a year-over-year basis. equities research analysts forecast that Aptiv PLC will post 4.72 EPS for the current year.

The firm also recently announced a Not Available dividend, which will be paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th will be given a dividend of $0.22 per share. The ex-dividend date is Friday, February 2nd. Aptiv’s dividend payout ratio (DPR) is currently 29.04%.

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About Aptiv

Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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