Secured Retirement Advisors LLC Increases Stock Position in Aptiv PLC (NYSE:APTV)

Secured Retirement Advisors LLC boosted its stake in shares of Aptiv PLC (NYSE:APTV) by 46.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,301 shares of the auto parts company’s stock after purchasing an additional 6,406 shares during the period. Secured Retirement Advisors LLC’s holdings in Aptiv were worth $1,228,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. boosted its stake in shares of Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after buying an additional 409 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in Aptiv in the third quarter worth about $43,000. Brooklyn Investment Group bought a new stake in shares of Aptiv during the 3rd quarter valued at about $43,000. Hazlett Burt & Watson Inc. increased its position in shares of Aptiv by 100.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 702 shares of the auto parts company’s stock valued at $50,000 after purchasing an additional 351 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in shares of Aptiv by 356.3% in the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after purchasing an additional 677 shares during the period. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Wells Fargo & Company upped their target price on shares of Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a report on Friday, February 7th. UBS Group raised their target price on Aptiv from $82.00 to $91.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Hsbc Global Res raised Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. Argus raised Aptiv to a “strong-buy” rating in a research note on Tuesday, February 11th. Finally, Morgan Stanley cut their price objective on Aptiv from $68.00 to $60.00 and set an “underweight” rating for the company in a research note on Thursday, November 14th. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, Aptiv currently has a consensus rating of “Moderate Buy” and a consensus price target of $85.61.

Aptiv Stock Performance

Shares of NYSE:APTV opened at $67.06 on Friday. The firm has a fifty day simple moving average of $61.15 and a two-hundred day simple moving average of $64.10. The company has a quick ratio of 1.06, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $15.76 billion, a P/E ratio of 9.75, a PEG ratio of 0.54 and a beta of 1.74. Aptiv PLC has a 52 week low of $51.47 and a 52 week high of $85.56.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, analysts expect that Aptiv PLC will post 7.14 earnings per share for the current fiscal year.

About Aptiv

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.