Asahi Life Asset Management CO. LTD. Has $365,000 Stake in Aptiv PLC (NYSE:APTV)

Asahi Life Asset Management CO. LTD. grew its position in shares of Aptiv PLC (NYSE:APTV) by 16.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,030 shares of the auto parts company’s stock after buying an additional 850 shares during the quarter. Asahi Life Asset Management CO. LTD.’s holdings in Aptiv were worth $365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in APTV. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Aptiv by 1,390.6% in 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 purchasing an additional 5,002,090 shares during the last quarter. Harris Associates L P acquired a new position in Aptiv in the third quarter worth $162,640,000. Point72 Asset Management L.P. acquired a new position in Aptiv in the third quarter worth $143,909,000. FMR LLC boosted its stake in Aptiv by 20.4% in the third quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock worth $550,759,000 after purchasing an additional 1,294,670 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Aptiv by 29.9% during the third quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company’s stock valued at $336,861,000 after acquiring an additional 1,090,766 shares during the period. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Price Performance

Aptiv stock opened at $65.05 on Friday. The stock’s fifty day moving average price is $62.86 and its two-hundred day moving average price is $63.90. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The firm has a market cap of $14.93 billion, a PE ratio of 9.46, a price-to-earnings-growth ratio of 0.62 and a beta of 1.74.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. As a group, research analysts expect that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analysts Set New Price Targets

APTV has been the topic of several research reports. StockNews.com assumed coverage on Aptiv in a research note on Sunday, February 23rd. They set a “hold” rating on the stock. Evercore ISI decreased their price objective on Aptiv from $105.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, February 10th. Wells Fargo & Company increased their price target on Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Guggenheim reissued a “buy” rating and set a $73.00 price target on shares of Aptiv in a research report on Thursday, December 5th. Finally, Oppenheimer raised their price objective on Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, Aptiv currently has an average rating of “Moderate Buy” and an average price target of $85.61.

Aptiv Company 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.