Delphi Automotive PLC (NYSE:DLPH) was downgraded by equities researchers at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research note issued to investors on Tuesday. They presently have a $59.00 price objective on the stock, down from their prior price objective of $74.00. Morgan Stanley’s target price points to a potential downside of 7.81% from the company’s current price.

Other research analysts also recently issued reports about the company. Vetr downgraded Delphi Automotive PLC from a “strong-buy” rating to a “buy” rating and set a $72.70 price objective for the company. in a research note on Wednesday, August 17th. Seaport Global Securities initiated coverage on Delphi Automotive PLC in a research note on Tuesday, August 9th. They set a “buy” rating and a $77.00 price objective for the company. Citigroup Inc. cut their price objective on Delphi Automotive PLC from $90.00 to $88.00 and set a “buy” rating for the company in a research note on Monday, August 8th. reiterated a “buy” rating on shares of Delphi Automotive PLC in a research note on Wednesday, August 3rd. Finally, Deutsche Bank AG boosted their price objective on Delphi Automotive PLC from $99.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, August 4th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company. Delphi Automotive PLC has an average rating of “Buy” and a consensus price target of $79.90.

Analyst Recommendations for Delphi Automotive PLC (NYSE:DLPH)

Delphi Automotive PLC (NYSE:DLPH) opened at 64.00 on Tuesday. Delphi Automotive PLC has a 1-year low of $55.59 and a 1-year high of $88.34. The firm’s 50 day moving average is $66.14 and its 200 day moving average is $67.08. The stock has a market capitalization of $17.33 billion, a P/E ratio of 15.11 and a beta of 1.43.

Delphi Automotive PLC (NYSE:DLPH) last released its quarterly earnings results on Wednesday, November 2nd. The company reported $1.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.43 by $0.07. Delphi Automotive PLC had a net margin of 7.20% and a return on equity of 58.26%. The firm earned $4.10 billion during the quarter, compared to analyst estimates of $3.90 billion. During the same quarter in the prior year, the firm earned $1.28 EPS. The business’s revenue for the quarter was up 12.7% compared to the same quarter last year. On average, equities research analysts anticipate that Delphi Automotive PLC will post $6.05 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 23rd. Investors of record on Wednesday, November 9th were issued a dividend of $0.29 per share. The ex-dividend date was Monday, November 7th. This represents a $1.16 annualized dividend and a yield of 1.81%. Delphi Automotive PLC’s payout ratio is presently 27.49%.

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Hedge funds have recently added to or reduced their stakes in the company. Seven Eight Capital LLC raised its stake in Delphi Automotive PLC by 3,360.0% in the first quarter. Seven Eight Capital LLC now owns 4,325 shares of the company’s stock worth $324,000 after buying an additional 4,200 shares during the last quarter. First Republic Investment Management Inc. raised its stake in Delphi Automotive PLC by 242.4% in the first quarter. First Republic Investment Management Inc. now owns 29,388 shares of the company’s stock worth $2,205,000 after buying an additional 20,805 shares during the last quarter. British Columbia Investment Management Corp raised its stake in Delphi Automotive PLC by 2.1% in the second quarter. British Columbia Investment Management Corp now owns 200,508 shares of the company’s stock worth $12,552,000 after buying an additional 4,162 shares during the last quarter. Exxonmobil Investment Management Inc. TX raised its stake in Delphi Automotive PLC by 4.6% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 70,660 shares of the company’s stock worth $4,423,000 after buying an additional 3,087 shares during the last quarter. Finally, American National Bank raised its stake in Delphi Automotive PLC by 4.2% in the second quarter. American National Bank now owns 42,564 shares of the company’s stock worth $2,664,000 after buying an additional 1,718 shares during the last quarter. Institutional investors and hedge funds own 93.69% of the company’s stock.

About Delphi Automotive PLC

Delphi Automotive PLC is a vehicle components manufacturer. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It serves automotive and commercial vehicle markets. Its Electrical/Electronic Architecture segment includes electrical architecture and component products.

5 Day Chart for NYSE:DLPH

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