Compagnie Lombard Odier SCmA Takes $20.16 Million Position in Aptiv PLC (NYSE:APTV)

Compagnie Lombard Odier SCmA acquired a new stake in shares of Aptiv PLC (NYSE:APTV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 333,336 shares of the auto parts company’s stock, valued at approximately $20,160,000. Compagnie Lombard Odier SCmA owned 0.14% of Aptiv at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC raised its holdings in shares of Aptiv by 20.4% in the 3rd quarter. FMR LLC now owns 7,648,369 shares of the auto parts company’s stock worth $550,759,000 after acquiring an additional 1,294,670 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of 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 acquiring an additional 5,002,090 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Aptiv by 29.9% in the 3rd quarter. Franklin Resources Inc. now owns 4,738,514 shares of the auto parts company’s stock worth $336,861,000 after acquiring an additional 1,090,766 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Aptiv by 19.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,854,301 shares of the auto parts company’s stock worth $172,117,000 after acquiring an additional 468,069 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Aptiv by 18.5% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,488,395 shares of the auto parts company’s stock worth $179,189,000 after acquiring an additional 388,045 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on APTV shares. Wells Fargo & Company upped their target price on shares of Aptiv from $76.00 to $86.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Barclays upped their target price on shares of Aptiv from $75.00 to $80.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Robert W. Baird upgraded shares of Aptiv from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $75.00 to $82.00 in a report on Monday, January 27th. Deutsche Bank Aktiengesellschaft raised shares of Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research report on Friday, February 7th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. One research 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $85.61.

Aptiv Stock Up 1.5 %

Aptiv stock opened at $66.46 on Friday. Aptiv PLC has a twelve month low of $51.47 and a twelve month high of $85.56. The firm has a 50 day moving average price of $60.75 and a 200-day moving average price of $64.10. The company has a market capitalization of $15.62 billion, a P/E ratio of 9.66, a P/E/G ratio of 0.54 and a beta of 1.74. The company has a quick ratio of 1.06, a current ratio of 1.53 and a debt-to-equity ratio of 0.87.

Aptiv (NYSE:APTV) last released its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. As a group, equities analysts predict that Aptiv PLC will post 7.14 EPS for the current year.

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.