Bryn Mawr Capital Management LLC Buys 12,931 Shares of Aptiv PLC (NYSE:APTV)

Bryn Mawr Capital Management LLC raised its stake in Aptiv PLC (NYSE:APTV) by 240.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 18,302 shares of the auto parts company’s stock after purchasing an additional 12,931 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Aptiv were worth $1,107,000 at the end of the most recent reporting period.

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

Aptiv Stock Performance

Shares of Aptiv stock opened at $67.59 on Friday. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The stock’s fifty day moving average price is $61.67 and its 200-day moving average price is $64.00. The firm has a market cap of $15.51 billion, a P/E ratio of 9.82, a P/E/G ratio of 0.62 and a beta of 1.74. Aptiv PLC has a 12 month low of $51.47 and a 12 month high of $85.56.

Aptiv (NYSE:APTV) last posted its earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. On average, equities research analysts expect that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft raised Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research note on Friday, February 7th. Argus raised Aptiv to a “strong-buy” rating in a research report on Tuesday, February 11th. Evercore ISI lowered their price target on Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday, February 10th. Piper Sandler upgraded shares of Aptiv from an “underweight” rating to a “neutral” rating and boosted their price objective for the company from $53.00 to $65.00 in a research report on Thursday, January 23rd. Finally, Hsbc Global Res upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and an average price target of $85.61.

Aptiv Company 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.