Aptiv PLC (NYSE:APTV) Shares Sold by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC lessened its stake in Aptiv PLC (NYSE:APTV) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,338,877 shares of the auto parts company’s stock after selling 157,365 shares during the quarter. Aptiv accounts for about 1.5% of Barrow Hanley Mewhinney & Strauss LLC’s portfolio, making the stock its 23rd largest holding. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Aptiv were worth $443,855,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of APTV. Covestor Ltd boosted its position in Aptiv by 11.4% during the fourth quarter. Covestor Ltd now owns 1,819 shares of the auto parts company’s stock worth $110,000 after purchasing an additional 186 shares in the last quarter. Boston Common Asset Management LLC lifted its position in shares of Aptiv by 4.8% in the fourth quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock valued at $249,000 after acquiring an additional 188 shares in the last quarter. Horizon Investments LLC boosted its stake in Aptiv by 6.1% during the 4th quarter. Horizon Investments LLC now owns 3,825 shares of the auto parts company’s stock worth $231,000 after purchasing an additional 219 shares during the last quarter. ProShare Advisors LLC grew its holdings in shares of Aptiv by 0.5% during the fourth quarter. ProShare Advisors LLC now owns 51,722 shares of the auto parts company’s stock worth $3,128,000 after buying an additional 248 shares in the last quarter. Finally, Insigneo Advisory Services LLC raised its holdings in Aptiv by 5.7% in the 3rd quarter. Insigneo Advisory Services LLC now owns 6,205 shares of the auto parts company’s stock valued at $447,000 after acquiring an additional 337 shares during the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Analyst Upgrades and Downgrades

APTV has been the topic of several analyst reports. Raymond James reiterated a “market perform” rating on shares of Aptiv in a report on Monday, February 3rd. TD Cowen initiated coverage on shares of Aptiv in a report on Friday, March 7th. They issued a “buy” rating and a $90.00 price objective on the stock. Evercore ISI dropped their price objective on Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. Royal Bank of Canada increased their target price on shares of Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Finally, HSBC upgraded shares of Aptiv from a “hold” rating to a “buy” rating and boosted their price target for the stock from $63.00 to $77.00 in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $86.61.

Aptiv Price Performance

Aptiv stock opened at $60.58 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The stock has a market capitalization of $13.90 billion, a PE ratio of 8.80, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. The business has a 50 day simple moving average of $64.05 and a 200-day simple moving average of $63.01. Aptiv PLC has a 12 month low of $51.47 and a 12 month high of $85.56.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. Equities analysts predict that Aptiv PLC will post 7.2 earnings per share for the current year.

Insider Buying and Selling at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the sale, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at $8,203,023.50. This trade represents a 10.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.45% of the stock is owned by corporate insiders.

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.