Mirabella Financial Services LLP Has $828,000 Holdings in Aptiv PLC (NYSE:APTV)

Mirabella Financial Services LLP decreased its holdings in shares of Aptiv PLC (NYSE:APTV) by 63.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,685 shares of the auto parts company’s stock after selling 23,965 shares during the quarter. Mirabella Financial Services LLP’s holdings in Aptiv were worth $828,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Picton Mahoney Asset Management acquired a new position in shares of Aptiv during the 4th quarter worth about $37,000. CENTRAL TRUST Co grew its holdings in Aptiv by 356.3% during the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock valued at $52,000 after purchasing an additional 677 shares during the period. GeoWealth Management LLC raised its holdings in Aptiv by 203.2% in the fourth quarter. GeoWealth Management LLC now owns 1,525 shares of the auto parts company’s stock worth $92,000 after purchasing an additional 1,022 shares during the period. Covestor Ltd grew its holdings in shares of Aptiv by 11.4% in the 4th quarter. Covestor Ltd now owns 1,819 shares of the auto parts company’s stock valued at $110,000 after buying an additional 186 shares during the period. Finally, Hazlett Burt & Watson Inc. increased its position in shares of Aptiv by 163.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,847 shares of the auto parts company’s stock valued at $110,000 after buying an additional 1,145 shares in the last quarter. 94.21% of the stock is owned by institutional investors.

Insider Activity

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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.45% of the company’s stock.

Aptiv Stock Up 2.0 %

APTV stock opened at $51.75 on Monday. The company has a market cap of $11.87 billion, a price-to-earnings ratio of 7.52, a P/E/G ratio of 0.62 and a beta of 1.64. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $85.56. The business has a 50 day moving average price of $60.70 and a two-hundred day moving average price of $60.96. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, beating 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%. Analysts anticipate that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on APTV shares. UBS Group reiterated a “neutral” rating and set a $58.00 target price (down from $91.00) on shares of Aptiv in a report on Thursday, April 10th. Hsbc Global Res upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Royal Bank of Canada increased their target price on Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Baird R W raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Finally, Barclays reissued an “equal weight” rating and set a $55.00 price objective (down previously from $80.00) on shares of Aptiv in a research report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, Aptiv currently has an average rating of “Moderate Buy” and an average price target of $82.44.

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.