Flinton Capital Management LLC purchased a new position in Aptiv PLC (NYSE:APTV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 9,072 shares of the auto parts company’s stock, valued at approximately $770,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Cerebellum GP LLC bought a new stake in shares of Aptiv during the 4th quarter valued at $127,000. Huntington National Bank bought a new stake in shares of Aptiv during the 4th quarter valued at $138,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Aptiv during the 4th quarter valued at $144,000. IFP Advisors Inc bought a new stake in shares of Aptiv during the 4th quarter valued at $162,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Aptiv during the 4th quarter valued at $163,000. Institutional investors and hedge funds own 92.48% of the company’s stock.
In other Aptiv news, SVP David Paja sold 6,287 shares of Aptiv stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $92.08, for a total value of $578,906.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frank J. Dellaquila acquired 500 shares of the company’s stock in a transaction on Friday, February 9th. The stock was acquired at an average cost of $86.50 per share, with a total value of $43,250.00. The disclosure for this purchase can be found here. Company insiders own 0.32% of the company’s stock.
Shares of Aptiv PLC (APTV) opened at $87.89 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.59 and a debt-to-equity ratio of 1.17. The stock has a market cap of $23,744.81, a price-to-earnings ratio of 17.40, a price-to-earnings-growth ratio of 1.29 and a beta of 1.47. Aptiv PLC has a fifty-two week low of $61.73 and a fifty-two week high of $96.91.
Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, February 1st. The auto parts company reported $1.28 EPS for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.05). Aptiv had a return on equity of 50.01% and a net margin of 8.27%. The business had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.31 billion. During the same period in the previous year, the business earned $1.83 earnings per share. The business’s quarterly revenue was up 7.7% on a year-over-year basis. equities research analysts predict that Aptiv PLC will post 5.14 earnings per share for the current year.
COPYRIGHT VIOLATION WARNING: This piece was reported by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The legal version of this piece can be read at https://stocknewstimes.com/2018/03/20/flinton-capital-management-llc-takes-position-in-aptiv-plc-aptv.html.
Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.
Want to see what other hedge funds are holding APTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aptiv PLC (NYSE:APTV).
Receive News & Ratings for Aptiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aptiv and related companies with MarketBeat.com's FREE daily email newsletter.