Shares of Aptiv PLC (NYSE:APTV) have been assigned an average recommendation of “Buy” from the twenty-two ratings firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and sixteen have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $98.00.
Several analysts have issued reports on APTV shares. Guggenheim started coverage on Aptiv in a report on Monday, November 27th. They set a “buy” rating and a $70.00 price objective on the stock. Jefferies Group set a $100.00 price objective on Aptiv and gave the stock a “buy” rating in a report on Monday, December 18th. Royal Bank of Canada started coverage on Aptiv in a report on Monday, December 4th. They set an “outperform” rating and a $60.00 price objective on the stock. Citigroup boosted their price objective on Aptiv from $115.00 to $116.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. Finally, Evercore ISI started coverage on Aptiv in a report on Wednesday, December 13th. They set an “outperform” rating and a $92.00 price objective on the stock.
Aptiv (NYSE APTV) traded up $1.66 during midday trading on Wednesday, reaching $94.72. The company’s stock had a trading volume of 859,820 shares, compared to its average volume of 1,973,364. The company has a current ratio of 1.59, a quick ratio of 1.29 and a debt-to-equity ratio of 1.17. The firm has a market cap of $25,180.00, a P/E ratio of 24.86, a PEG ratio of 1.45 and a beta of 1.48. Aptiv has a 12-month low of $61.73 and a 12-month high of $96.91.
The firm also recently announced a Not Available dividend, which was paid on Wednesday, February 14th. Stockholders of record on Monday, February 5th were issued a $0.22 dividend. The ex-dividend date was Friday, February 2nd. Aptiv’s dividend payout ratio is 23.10%.
In other news, Director Frank J. Dellaquila purchased 1,000 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was acquired at an average price of $83.88 per share, with a total value of $83,880.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Kevin P. Clark purchased 22,500 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was purchased at an average cost of $87.88 per share, with a total value of $1,977,300.00. The disclosure for this purchase can be found here. Insiders bought a total of 24,000 shares of company stock worth $2,104,430 in the last quarter. 0.31% of the stock is owned by corporate insiders.
Several hedge funds and other institutional investors have recently made changes to their positions in APTV. BlackRock Inc. bought a new stake in shares of Aptiv in the 4th quarter valued at approximately $1,534,060,000. Lazard Asset Management LLC bought a new stake in shares of Aptiv in the 4th quarter valued at approximately $478,991,000. Longview Partners Guernsey LTD bought a new stake in shares of Aptiv in the 4th quarter valued at approximately $378,094,000. Alliancebernstein L.P. bought a new stake in shares of Aptiv in the 4th quarter valued at approximately $331,936,000. Finally, Generation Investment Management LLP bought a new stake in shares of Aptiv in the 4th quarter valued at approximately $303,480,000. 90.26% of the stock is owned by institutional investors and hedge funds.
WARNING: This article was first posted by Ticker Report and is owned by of Ticker Report. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://www.tickerreport.com/banking-finance/3224195/aptiv-plc-aptv-receives-average-rating-of-buy-from-analysts.html.
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.
Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.