Aptiv PLC (NYSE:APTV) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lowered its position in Aptiv PLC (NYSE:APTV) by 12.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,202 shares of the auto parts company’s stock after selling 1,536 shares during the period. Crossmark Global Holdings Inc.’s holdings in Aptiv were worth $807,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Independence Bank of Kentucky purchased a new position in shares of Aptiv in the 2nd quarter valued at about $25,000. Clearstead Trust LLC grew its position in Aptiv by 305.0% during the first quarter. Clearstead Trust LLC now owns 405 shares of the auto parts company’s stock worth $32,000 after buying an additional 305 shares during the period. Crewe Advisors LLC increased its holdings in Aptiv by 94.7% in the second quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock valued at $31,000 after buying an additional 215 shares in the last quarter. Wolff Wiese Magana LLC lifted its position in shares of Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after acquiring an additional 155 shares during the period. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of Aptiv during the 2nd quarter worth approximately $38,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on APTV shares. Wells Fargo & Company raised Aptiv from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $78.00 to $87.00 in a report on Friday, September 20th. Fox Advisors lowered shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. lifted their target price on shares of Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Morgan Stanley reduced their price target on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating on the stock in a report on Thursday. Finally, Oppenheimer cut their price objective on Aptiv from $147.00 to $83.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Aptiv presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.53.

Aptiv Trading Down 3.7 %

APTV stock opened at $54.04 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 6.06, a PEG ratio of 0.50 and a beta of 1.81. The business has a fifty day simple moving average of $67.15 and a 200-day simple moving average of $71.60. Aptiv PLC has a 52 week low of $52.81 and a 52 week high of $91.66.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.68 by $0.15. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. The company had revenue of $4.85 billion during the quarter, compared to analyst estimates of $5.10 billion. During the same period in the prior year, the firm posted $1.30 earnings per share. The firm’s revenue was down 5.1% on a year-over-year basis. On average, equities research analysts expect that Aptiv PLC will post 6.18 EPS for the current year.

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.