Tectonic Advisors LLC Buys 915 Shares of Aptiv PLC (NYSE:APTV)

Tectonic Advisors LLC boosted its position in shares of Aptiv PLC (NYSE:APTV) by 5.7% during the 4th quarter, HoldingsChannel reports. The fund owned 17,099 shares of the auto parts company’s stock after buying an additional 915 shares during the quarter. Tectonic Advisors LLC’s holdings in Aptiv were worth $1,034,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. boosted its position in shares of Aptiv by 1,410.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after acquiring an additional 409 shares in the last quarter. Wolff Wiese Magana LLC lifted its stake in Aptiv by 44.3% during the third quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock worth $36,000 after purchasing an additional 155 shares during the period. Capital Performance Advisors LLP bought a new stake in shares of Aptiv in the 3rd quarter valued at approximately $43,000. Brooklyn Investment Group acquired a new position in shares of Aptiv in the 3rd quarter worth approximately $43,000. Finally, Mather Group LLC. lifted its position in shares of Aptiv by 36.9% during the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock worth $47,000 after buying an additional 176 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Stock Performance

APTV stock opened at $61.21 on Thursday. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56. The company has a quick ratio of 1.06, a current ratio of 1.50 and a debt-to-equity ratio of 0.91. The company has a market cap of $14.39 billion, a P/E ratio of 6.83, a price-to-earnings-growth ratio of 0.55 and a beta of 1.74. The business’s fifty day moving average is $59.79 and its 200-day moving average is $64.27.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. HSBC upgraded Aptiv from a “hold” rating to a “buy” rating and increased their price objective for the stock from $63.00 to $77.00 in a research note on Tuesday. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Aptiv from $76.00 to $66.00 and set a “hold” rating for the company in a research report on Friday, November 1st. StockNews.com assumed coverage on shares of Aptiv in a research report on Thursday, January 30th. They issued a “hold” rating on the stock. Baird R W raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Finally, Oppenheimer reduced their target price on Aptiv from $147.00 to $83.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $85.00.

Aptiv Profile

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.