DSC Advisors L.P. purchased a new position in shares of Aptiv PLC (NYSE:APTV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 75,000 shares of the auto parts company’s stock, valued at approximately $6,362,000. Aptiv accounts for about 3.7% of DSC Advisors L.P.’s holdings, making the stock its 10th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Aptiv in the 4th quarter worth about $1,534,060,000. Lazard Asset Management LLC bought a new stake in shares of Aptiv in the 4th quarter worth about $478,991,000. Longview Partners Guernsey LTD bought a new stake in shares of Aptiv in the 4th quarter worth about $378,094,000. Alliancebernstein L.P. bought a new stake in shares of Aptiv in the 4th quarter worth about $331,936,000. Finally, Generation Investment Management LLP bought a new stake in shares of Aptiv in the 4th quarter worth about $303,480,000. 92.23% of the stock is currently owned by hedge funds and other institutional investors.

How to Become a New Pot Stock Millionaire

Shares of Aptiv PLC (NYSE APTV) opened at $90.90 on Wednesday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.29 and a current ratio of 1.59. Aptiv PLC has a 1 year low of $61.73 and a 1 year high of $96.91. The firm has a market cap of $24,160.00, a PE ratio of 23.86, a P/E/G ratio of 1.43 and a beta of 1.47.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Thursday, February 1st. The auto parts company reported $1.28 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.05). Aptiv had a net margin of 8.27% and a return on equity of 50.01%. The business had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.31 billion. During the same period in the prior year, the company earned $1.83 EPS. Aptiv’s quarterly revenue was up 7.7% on a year-over-year basis. research analysts expect that Aptiv PLC will post 5.14 earnings per share for the current year.

APTV has been the subject of several research analyst reports. Goldman Sachs Group initiated coverage on shares of Aptiv in a research report on Tuesday, December 5th. They issued a “buy” rating and a $57.00 target price for the company. Bank of America raised shares of Aptiv from a “neutral” rating to a “buy” rating and set a $120.00 target price for the company in a research report on Monday, November 20th. Barclays reissued a “buy” rating and issued a $106.00 target price on shares of Aptiv in a research report on Tuesday, January 9th. Zacks Investment Research downgraded shares of Aptiv from a “hold” rating to a “strong sell” rating in a research report on Monday, December 11th. Finally, Morgan Stanley initiated coverage on shares of Aptiv in a research report on Tuesday, December 5th. They issued an “underweight” rating and a $64.00 target price for the company. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $97.95.

In other Aptiv news, Director Frank J. Dellaquila acquired 500 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was acquired at an average price of $86.50 per share, with a total value of $43,250.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP David Paja sold 6,287 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $92.08, for a total transaction of $578,906.96. The disclosure for this sale can be found here. 0.31% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION WARNING: This news story was posted by Daily Political and is the property of of Daily Political. If you are accessing this news story on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The legal version of this news story can be accessed at https://www.dailypolitical.com/2018/03/14/dsc-advisors-l-p-purchases-shares-of-75000-aptiv-plc-aptv.html.

Aptiv Company Profile

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).

Institutional Ownership by Quarter for Aptiv (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.