CLARET ASSET MANAGEMENT Corp trimmed its holdings in Aptiv PLC (NYSE:APTV) by 23.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,093 shares of the auto parts company’s stock after selling 2,139 shares during the quarter. CLARET ASSET MANAGEMENT Corp’s holdings in Aptiv were worth $603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. US Bancorp DE increased its stake in Aptiv by 5.8% during the 1st quarter. US Bancorp DE now owns 11,333 shares of the auto parts company’s stock valued at $963,000 after purchasing an additional 619 shares in the last quarter. Choate Investment Advisors increased its stake in Aptiv by 23.2% during the 1st quarter. Choate Investment Advisors now owns 3,795 shares of the auto parts company’s stock valued at $322,000 after purchasing an additional 715 shares in the last quarter. Atria Investments LLC increased its stake in Aptiv by 15.7% during the 1st quarter. Atria Investments LLC now owns 5,541 shares of the auto parts company’s stock valued at $471,000 after purchasing an additional 750 shares in the last quarter. Exchange Capital Management Inc. increased its stake in Aptiv by 7.7% during the 1st quarter. Exchange Capital Management Inc. now owns 11,533 shares of the auto parts company’s stock valued at $980,000 after purchasing an additional 823 shares in the last quarter. Finally, Riverhead Capital Management LLC increased its stake in Aptiv by 15.8% during the 1st quarter. Riverhead Capital Management LLC now owns 6,892 shares of the auto parts company’s stock valued at $586,000 after purchasing an additional 942 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Aptiv opened at $97.86 on Thursday, according to Marketbeat. The company has a current ratio of 1.60, a quick ratio of 1.27 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $25.34 billion, a P/E ratio of 21.09, a price-to-earnings-growth ratio of 1.33 and a beta of 1.49. Aptiv PLC has a 12-month low of $95.89 and a 12-month high of $96.60.

Aptiv (NYSE:APTV) last posted its quarterly earnings data on Wednesday, May 2nd. The auto parts company reported $1.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.09. The company had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.35 billion. Aptiv had a net margin of 8.44% and a return on equity of 44.95%. The company’s revenue was up 15.5% on a year-over-year basis. equities research analysts predict that Aptiv PLC will post 5.37 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 23rd. Investors of record on Wednesday, May 9th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Tuesday, May 8th. Aptiv’s payout ratio is 18.97%.

A number of research firms have weighed in on APTV. Robert W. Baird raised their price objective on shares of Aptiv from $106.00 to $107.00 and gave the company an “outperform” rating in a research note on Tuesday, April 17th. Citigroup raised their price objective on shares of Aptiv to $110.00 and gave the company a “buy” rating in a research note on Tuesday, May 8th. BMO Capital Markets raised their price objective on shares of Aptiv to $111.00 and gave the company an “outperform” rating in a research note on Wednesday, February 7th. Berenberg Bank upgraded shares of Aptiv from a “hold” rating to a “buy” rating in a research note on Wednesday, April 4th. Finally, Zacks Investment Research upgraded shares of Aptiv from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a research note on Wednesday, April 4th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and twenty have assigned a buy rating to the company. Aptiv has an average rating of “Buy” and a consensus price target of $99.00.

In related news, SVP David Paja sold 6,287 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $92.08, for a total value of $578,906.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.32% of the company’s stock.

About Aptiv

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 segments, Signal and Power Solutions; and Advanced Safety and User Experience.

Want to see what other hedge funds are holding APTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aptiv PLC (NYSE:APTV).

Institutional Ownership by Quarter for Aptiv (NYSE:APTV)

Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.