CWM Advisors LLC raised its stake in Aptiv PLC (NYSE:APTV) by 16.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,952 shares of the auto parts company’s stock after buying an additional 568 shares during the quarter. CWM Advisors LLC’s holdings in Aptiv were worth $243,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of APTV. Advisors Asset Management Inc. lifted its stake in Aptiv by 38.9% in the second quarter. Advisors Asset Management Inc. now owns 75,381 shares of the auto parts company’s stock valued at $6,907,000 after buying an additional 21,106 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in shares of Aptiv by 2.6% during the third quarter. State of Alaska Department of Revenue now owns 44,611 shares of the auto parts company’s stock valued at $3,741,000 after purchasing an additional 1,140 shares during the period. Legacy Private Trust Co. increased its holdings in shares of Aptiv by 21.9% during the third quarter. Legacy Private Trust Co. now owns 20,881 shares of the auto parts company’s stock valued at $1,752,000 after purchasing an additional 3,746 shares during the period. Weybosset Research & Management LLC increased its holdings in shares of Aptiv by 2.2% during the third quarter. Weybosset Research & Management LLC now owns 79,288 shares of the auto parts company’s stock valued at $6,652,000 after purchasing an additional 1,683 shares during the period. Finally, Nikko Asset Management Americas Inc. increased its holdings in shares of Aptiv by 48.9% during the third quarter. Nikko Asset Management Americas Inc. now owns 392,389 shares of the auto parts company’s stock valued at $33,275,000 after purchasing an additional 128,859 shares during the period. Institutional investors own 93.35% of the company’s stock.

NYSE:APTV opened at $78.28 on Thursday. The stock has a market cap of $20.45 billion, a P/E ratio of 14.88, a PEG ratio of 1.14 and a beta of 1.81. Aptiv PLC has a 52-week low of $58.80 and a 52-week high of $103.23. The company has a current ratio of 1.29, a quick ratio of 0.95 and a debt-to-equity ratio of 1.10.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, January 31st. The auto parts company reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.13. The firm had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.53 billion. Aptiv had a return on equity of 37.39% and a net margin of 7.39%. Sell-side analysts anticipate that Aptiv PLC will post 5.39 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 20th. Investors of record on Wednesday, February 6th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Tuesday, February 5th. Aptiv’s payout ratio is currently 16.73%.

In related news, insider Kevin P. Clark purchased 11,310 shares of the firm’s stock in a transaction that occurred on Tuesday, December 11th. The stock was acquired at an average price of $67.43 per share, for a total transaction of $762,633.30. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.32% of the company’s stock.

A number of research analysts have recently commented on APTV shares. Citigroup lowered their price target on Aptiv from $112.50 to $99.00 and set a “buy” rating on the stock in a report on Friday, October 12th. Wells Fargo & Co lowered their price target on Aptiv from $111.00 to $106.00 and set an “outperform” rating on the stock in a report on Wednesday, October 17th. TheStreet lowered Aptiv from a “b” rating to a “c+” rating in a report on Wednesday, October 31st. Morgan Stanley lowered their price target on Aptiv from $81.00 to $72.00 and set an “underweight” rating on the stock in a report on Wednesday, November 14th. Finally, Zacks Investment Research lowered Aptiv from a “hold” rating to a “sell” rating in a report on Friday, November 16th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $93.82.

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Aptiv 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 segments, 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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