Game Creek Capital LP bought a new stake in shares of Aptiv PLC (NYSE:APTV) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 17,700 shares of the auto parts company’s stock, valued at approximately $1,431,000.

Other large investors have also recently made changes to their positions in the company. William Blair Investment Management LLC grew its holdings in shares of Aptiv by 4.3% during the 1st quarter. William Blair Investment Management LLC now owns 590,149 shares of the auto parts company’s stock valued at $46,911,000 after acquiring an additional 24,080 shares in the last quarter. Cornerstone Advisors Inc. grew its holdings in shares of Aptiv by 30.6% during the 2nd quarter. Cornerstone Advisors Inc. now owns 692 shares of the auto parts company’s stock valued at $56,000 after acquiring an additional 162 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in Aptiv by 3.7% in the second quarter. State of Alaska Department of Revenue now owns 40,527 shares of the auto parts company’s stock worth $3,275,000 after purchasing an additional 1,447 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings 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 worth $46,966,000 after purchasing an additional 23,372 shares in the last quarter. Finally, Keybank National Association OH bought a new stake in Aptiv in the first quarter worth $590,000. 93.12% of the stock is currently owned by institutional investors.

APTV stock traded down $0.97 during mid-day trading on Tuesday, reaching $82.59. 29,436 shares of the stock traded hands, compared to its average volume of 1,453,565. The company has a quick ratio of 0.89, a current ratio of 1.22 and a debt-to-equity ratio of 1.16. Aptiv PLC has a 52 week low of $58.80 and a 52 week high of $95.00. The business has a 50-day moving average of $81.16 and a two-hundred day moving average of $80.00. The firm has a market capitalization of $21.23 billion, a PE ratio of 15.71, a P/E/G ratio of 1.44 and a beta of 2.06.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Wednesday, July 31st. The auto parts company reported $1.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.13 by $0.20. Aptiv had a net margin of 6.86% and a return on equity of 34.92%. The company had revenue of $3.63 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same period in the prior year, the company earned $1.40 earnings per share. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. On average, equities research analysts anticipate that Aptiv PLC will post 5.11 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date is Tuesday, August 6th. Aptiv’s dividend payout ratio (DPR) is 16.73%.

APTV has been the subject of a number of recent research reports. Citigroup upped their price objective on shares of Aptiv from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Buckingham Research upped their price objective on shares of Aptiv from $76.00 to $79.00 and gave the stock a “neutral” rating in a report on Thursday, August 1st. JPMorgan Chase & Co. upped their price objective on shares of Aptiv from $93.00 to $97.00 and gave the stock an “overweight” rating in a report on Thursday, August 1st. Bank of America upped their price objective on shares of Aptiv from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Finally, Robert W. Baird upped their price objective on shares of Aptiv from $96.00 to $99.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $92.16.

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 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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