Aptiv PLC (APTV) Position Trimmed by Flinton Capital Management LLC

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Flinton Capital Management LLC lowered its position in Aptiv PLC (NYSE:APTV) by 15.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,100 shares of the auto parts company’s stock after selling 1,624 shares during the period. Flinton Capital Management LLC’s holdings in Aptiv were worth $560,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund boosted its holdings in Aptiv by 3,023.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,974,550 shares of the auto parts company’s stock worth $32,000 after buying an additional 1,911,334 shares during the period. Laurel Wealth Advisors LLC bought a new position in Aptiv in the 4th quarter worth $34,000. Resources Investment Advisors Inc. bought a new position in Aptiv in the 4th quarter worth $34,000. Enlightenment Research LLC bought a new position in Aptiv in the 4th quarter worth $36,000. Finally, Rational Advisors LLC boosted its holdings in Aptiv by 2,380.8% in the 4th quarter. Rational Advisors LLC now owns 645 shares of the auto parts company’s stock worth $40,000 after buying an additional 619 shares during the period. 93.57% of the stock is owned by institutional investors.

Shares of NYSE APTV opened at $81.10 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.95 and a current ratio of 1.29. The stock has a market cap of $21.24 billion, a PE ratio of 15.42, a price-to-earnings-growth ratio of 1.20 and a beta of 1.80. Aptiv PLC has a 12-month low of $58.80 and a 12-month high of $103.23.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, January 31st. The auto parts company reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.13. The firm had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.53 billion. Aptiv had a net margin of 7.39% and a return on equity of 37.39%. As a group, sell-side analysts expect that Aptiv PLC will post 5.38 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 20th. Stockholders of record on Wednesday, February 6th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Tuesday, February 5th. Aptiv’s dividend payout ratio is 16.73%.

In other news, SVP Majdi Abulaban sold 25,130 shares of the company’s stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $80.00, for a total transaction of $2,010,400.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.32% of the stock is currently owned by corporate insiders.

Several research analysts have commented on APTV shares. Goldman Sachs Group raised shares of Aptiv from a “buy” rating to a “conviction-buy” rating in a report on Wednesday, February 13th. Royal Bank of Canada increased their price objective on shares of Aptiv to $88.00 and gave the company an “outperform” rating in a report on Friday, February 1st. Barclays increased their price objective on shares of Aptiv to $90.00 and gave the company an “overweight” rating in a report on Friday, February 1st. TheStreet raised shares of Aptiv from a “c+” rating to a “b-” rating in a report on Tuesday, February 5th. Finally, BMO Capital Markets increased their price objective on shares of Aptiv from $84.00 to $92.00 and gave the company an “outperform” rating in a report on Friday, February 1st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $92.94.

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Aptiv Company Profile

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segment, Signal and Power Solutions, and Advanced Safety and User Experience.

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Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

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