Aptiv PLC (NYSE:APTV) shares were up 5.5% during trading on Tuesday . The stock traded as high as $70.70 and last traded at $70.51. Approximately 3,175,428 shares were traded during trading, an increase of 81% from the average daily volume of 1,758,699 shares. The stock had previously closed at $66.84.

Several research analysts have recently commented on APTV shares. TheStreet raised Aptiv from a “c+” rating to a “b-” rating in a report on Tuesday, February 5th. Jefferies Financial Group boosted their price objective on Aptiv from $100.00 to $107.00 and gave the stock a “buy” rating in a report on Friday, April 12th. Cowen reissued a “buy” rating on shares of Aptiv in a report on Monday, February 4th. Seaport Global Securities started coverage on Aptiv in a report on Wednesday, February 13th. They set a “buy” rating for the company. Finally, Goldman Sachs Group raised Aptiv from a “buy” rating to a “conviction-buy” rating in a report on Wednesday, February 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $92.80.

The company has a market capitalization of $17.88 billion, a PE ratio of 13.40, a P/E/G ratio of 1.15 and a beta of 1.93. The company has a quick ratio of 0.87, a current ratio of 1.20 and a debt-to-equity ratio of 1.20.

Aptiv (NYSE:APTV) last issued its earnings results on Thursday, May 2nd. The auto parts company reported $1.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.05. The business had revenue of $3.58 billion during the quarter, compared to analyst estimates of $3.46 billion. Aptiv had a return on equity of 35.66% and a net margin of 6.95%. Aptiv’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.29 earnings per share. Analysts predict that Aptiv PLC will post 5.01 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 8th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Tuesday, May 7th. Aptiv’s dividend payout ratio is currently 16.73%.

In other Aptiv news, SVP David M. Sherbin sold 19,689 shares of the company’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $86.79, for a total value of $1,708,808.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.40% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in Aptiv by 4.1% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 590,838 shares of the auto parts company’s stock valued at $46,966,000 after purchasing an additional 23,372 shares during the last quarter. Kentucky Retirement Systems bought a new stake in Aptiv in the fourth quarter valued at approximately $706,000. Roosevelt Investment Group Inc. lifted its position in Aptiv by 28.0% in the first quarter. Roosevelt Investment Group Inc. now owns 154,930 shares of the auto parts company’s stock valued at $12,315,000 after purchasing an additional 33,881 shares during the last quarter. ETF Managers Group LLC lifted its position in Aptiv by 10.8% in the first quarter. ETF Managers Group LLC now owns 1,696 shares of the auto parts company’s stock valued at $135,000 after purchasing an additional 166 shares during the last quarter. Finally, Providence Capital Advisors LLC lifted its position in Aptiv by 48.4% in the fourth quarter. Providence Capital Advisors LLC now owns 30,806 shares of the auto parts company’s stock valued at $1,897,000 after purchasing an additional 10,049 shares during the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

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Aptiv Company Profile (NYSE:APTV)

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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