Greenleaf Trust Sells 1,583 Shares of Aptiv PLC (NYSE:APTV)

Greenleaf Trust lessened its holdings in Aptiv PLC (NYSE:APTV) by 38.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,493 shares of the auto parts company’s stock after selling 1,583 shares during the quarter. Greenleaf Trust’s holdings in Aptiv were worth $224,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. CWM LLC grew its holdings in shares of Aptiv by 16.7% in the 3rd quarter. CWM LLC now owns 5,784 shares of the auto parts company’s stock worth $570,000 after purchasing an additional 828 shares during the last quarter. HB Wealth Management LLC bought a new stake in shares of Aptiv in the 3rd quarter worth about $250,000. Founders Financial Securities LLC grew its holdings in shares of Aptiv by 11.3% in the 3rd quarter. Founders Financial Securities LLC now owns 3,251 shares of the auto parts company’s stock worth $321,000 after purchasing an additional 330 shares during the last quarter. Strategic Blueprint LLC grew its holdings in shares of Aptiv by 7.4% in the 3rd quarter. Strategic Blueprint LLC now owns 3,290 shares of the auto parts company’s stock worth $324,000 after purchasing an additional 228 shares during the last quarter. Finally, Caprock Group LLC grew its holdings in shares of Aptiv by 7.6% in the 3rd quarter. Caprock Group LLC now owns 6,551 shares of the auto parts company’s stock worth $646,000 after purchasing an additional 462 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

Insider Activity at Aptiv

In related news, SVP Benjamin Lyon sold 18,680 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $77.69, for a total value of $1,451,249.20. Following the sale, the senior vice president now directly owns 95,211 shares in the company, valued at approximately $7,396,942.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.34% of the stock is currently owned by corporate insiders.

Aptiv Stock Performance

Aptiv stock opened at $71.40 on Thursday. The company has a current ratio of 1.72, a quick ratio of 1.22 and a debt-to-equity ratio of 0.53. Aptiv PLC has a 1 year low of $68.84 and a 1 year high of $113.60. The company has a market cap of $19.47 billion, a PE ratio of 6.89, a PEG ratio of 0.89 and a beta of 1.90. The company’s 50-day moving average is $76.82 and its two-hundred day moving average is $81.77.

Aptiv (NYSE:APTV) last released its earnings results on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.11. The company had revenue of $4.92 billion for the quarter, compared to the consensus estimate of $4.95 billion. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. Equities analysts anticipate that Aptiv PLC will post 5.62 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on APTV. Wells Fargo & Company lowered their target price on shares of Aptiv from $84.00 to $83.00 in a report on Monday, April 8th. Piper Sandler decreased their price objective on shares of Aptiv from $80.00 to $79.00 and set a “neutral” rating on the stock in a report on Thursday, February 1st. Barclays decreased their price objective on shares of Aptiv from $112.00 to $110.00 and set an “overweight” rating on the stock in a report on Thursday, April 11th. UBS Group increased their price objective on shares of Aptiv from $107.00 to $110.00 in a report on Monday, April 8th. Finally, Citigroup decreased their price objective on shares of Aptiv from $150.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, February 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.93.

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.