Aptiv (NYSE:APTV) Hits New 12-Month Low – Time to Sell?

Aptiv PLC (NYSE:APTV) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $47.78 and last traded at $54.41, with a volume of 7430370 shares traded. The stock had previously closed at $49.36.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Raymond James restated a “market perform” rating on shares of Aptiv in a report on Monday, February 3rd. Royal Bank of Canada upped their price target on Aptiv from $75.00 to $82.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. UBS Group upped their price target on Aptiv from $82.00 to $91.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Baird R W upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Finally, Wells Fargo & Company upped their price target on Aptiv from $76.00 to $86.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $86.61.

Aptiv Stock Performance

The stock has a 50 day simple moving average of $62.43 and a 200 day simple moving average of $62.05. The company has a market cap of $12.48 billion, a price-to-earnings ratio of 7.91, a PEG ratio of 0.62 and a beta of 1.64. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Insider Activity at Aptiv

In other news, SVP Benjamin Lyon sold 14,568 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total transaction of $954,204.00. Following the completion of the transaction, the senior vice president now directly owns 125,237 shares in the company, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.45% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Aptiv

A number of institutional investors have recently added to or reduced their stakes in APTV. Fulton Bank N.A. lifted its position in shares of Aptiv by 28.0% during the 1st quarter. Fulton Bank N.A. now owns 44,862 shares of the auto parts company’s stock valued at $2,669,000 after acquiring an additional 9,815 shares during the last quarter. Douglas Lane & Associates LLC lifted its position in shares of Aptiv by 4.3% during the 1st quarter. Douglas Lane & Associates LLC now owns 1,055,729 shares of the auto parts company’s stock valued at $62,816,000 after acquiring an additional 43,794 shares during the last quarter. Czech National Bank lifted its position in shares of Aptiv by 3.4% during the 1st quarter. Czech National Bank now owns 52,700 shares of the auto parts company’s stock valued at $3,136,000 after acquiring an additional 1,739 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Aptiv by 78.6% during the 1st quarter. Parallel Advisors LLC now owns 1,679 shares of the auto parts company’s stock valued at $100,000 after acquiring an additional 739 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Aptiv by 26,568.4% during the 1st quarter. GAMMA Investing LLC now owns 163,744 shares of the auto parts company’s stock valued at $97,430,000 after acquiring an additional 163,130 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

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.