Natixis Advisors LLC Has $4.52 Million Stake in Aptiv PLC (NYSE:APTV)

Natixis Advisors LLC lowered its stake in Aptiv PLC (NYSE:APTV) by 30.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,822 shares of the auto parts company’s stock after selling 27,905 shares during the quarter. Natixis Advisors LLC’s holdings in Aptiv were worth $4,524,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Independence Bank of Kentucky acquired a new position in shares of Aptiv during the second quarter valued at about $25,000. Crewe Advisors LLC raised its stake in Aptiv by 94.7% during the 2nd quarter. Crewe Advisors LLC now owns 442 shares of the auto parts company’s stock worth $31,000 after buying an additional 215 shares during the period. Wolff Wiese Magana LLC boosted its holdings in Aptiv by 44.3% in the third quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock worth $36,000 after acquiring an additional 155 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new stake in Aptiv in the second quarter valued at approximately $38,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of Aptiv during the third quarter valued at approximately $43,000. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Stock Up 1.9 %

APTV stock opened at $54.38 on Friday. The stock has a 50-day simple moving average of $65.09 and a two-hundred day simple moving average of $70.52. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $91.66. The firm has a market capitalization of $12.78 billion, a PE ratio of 6.07, a PEG ratio of 0.46 and a beta of 1.81. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91.

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on APTV shares. Robert W. Baird reduced their price target on shares of Aptiv from $85.00 to $65.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. Fox Advisors downgraded shares of Aptiv from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, October 1st. Nomura Securities raised shares of Aptiv from a “strong sell” rating to a “hold” rating in a research report on Monday, August 19th. Royal Bank of Canada decreased their price objective on Aptiv from $82.00 to $72.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Aptiv from $76.00 to $66.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.29.

Aptiv 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.