Hyperion Capital Advisors LP Purchases 575 Shares of Aptiv PLC (NYSE:APTV)

Hyperion Capital Advisors LP increased its position in shares of Aptiv PLC (NYSE:APTV) by 19.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,575 shares of the auto parts company’s stock after acquiring an additional 575 shares during the quarter. Hyperion Capital Advisors LP’s holdings in Aptiv were worth $257,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Aptiv by 1,390.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,361,795 shares of the auto parts company’s stock worth $386,103,000 after acquiring an additional 5,002,090 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Aptiv by 73.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 111,401 shares of the auto parts company’s stock valued at $8,022,000 after purchasing an additional 47,215 shares in the last quarter. Providence Capital Advisors LLC increased its stake in Aptiv by 32.7% during the 3rd quarter. Providence Capital Advisors LLC now owns 87,115 shares of the auto parts company’s stock valued at $6,273,000 after purchasing an additional 21,458 shares in the last quarter. Bridgewater Associates LP acquired a new position in Aptiv during the 3rd quarter valued at approximately $1,075,000. Finally, Transamerica Financial Advisors Inc. acquired a new position in Aptiv during the 3rd quarter valued at approximately $64,000. Institutional investors own 94.21% of the company’s stock.

Aptiv Stock Performance

NYSE:APTV opened at $55.50 on Thursday. The company’s 50-day moving average price is $64.27 and its 200-day moving average price is $69.86. The company has a current ratio of 1.50, a quick ratio of 1.06 and a debt-to-equity ratio of 0.91. The company has a market cap of $13.04 billion, a P/E ratio of 6.19, a P/E/G ratio of 0.58 and a beta of 1.81. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $91.66.

Aptiv (NYSE:APTV) last posted its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.15. The firm had revenue of $4.85 billion for the quarter, compared to the consensus estimate of $5.10 billion. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. The company’s revenue for the quarter was down 5.1% on a year-over-year basis. During the same period last year, the firm posted $1.30 earnings per share. On average, sell-side analysts forecast that Aptiv PLC will post 6.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

APTV has been the topic of a number of recent analyst reports. Royal Bank of Canada cut their price target on shares of Aptiv from $82.00 to $72.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Morgan Stanley cut their price target on shares of Aptiv from $68.00 to $60.00 and set an “underweight” rating on the stock in a research note on Thursday, November 14th. StockNews.com assumed coverage on shares of Aptiv in a report on Wednesday. They issued a “hold” rating on the stock. Guggenheim dropped their price objective on shares of Aptiv from $87.00 to $73.00 and set a “buy” rating on the stock in a report on Thursday, November 21st. Finally, Wolfe Research assumed coverage on shares of Aptiv in a report on Thursday, September 5th. They issued an “outperform” rating and a $89.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $85.29.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.