Delphi Automotive PLC (NYSE:DLPH) had its price objective lifted by Deutsche Bank AG from $99.00 to $107.00 in a research report released on Thursday morning. They currently have a buy rating on the auto parts company’s stock.

Several other analysts have also recently issued reports on DLPH. BidaskClub cut shares of Delphi Automotive PLC from a hold rating to a sell rating in a research note on Thursday, July 27th. Wells Fargo & Company reiterated an outperform rating and issued a $95.00 target price on shares of Delphi Automotive PLC in a research note on Thursday, July 6th. Jefferies Group LLC increased their target price on shares of Delphi Automotive PLC from $100.00 to $106.00 and gave the stock a buy rating in a research note on Friday, May 5th. Morgan Stanley lowered their target price on shares of Delphi Automotive PLC from $80.00 to $78.00 and set an underweight rating on the stock in a research note on Friday, June 9th. Finally, Raymond James Financial, Inc. began coverage on shares of Delphi Automotive PLC in a research note on Thursday, June 15th. They issued an outperform rating and a $95.00 target price on the stock. Three research analysts have rated the stock with a sell rating, three have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $92.03.

Shares of Delphi Automotive PLC (NYSE:DLPH) traded up 0.36% on Thursday, reaching $93.19. 1,441,610 shares of the company’s stock traded hands. The firm has a market cap of $24.92 billion, a P/E ratio of 19.72 and a beta of 1.37. Delphi Automotive PLC has a one year low of $60.50 and a one year high of $93.44. The company’s 50-day moving average price is $88.84 and its 200 day moving average price is $81.67.

Delphi Automotive PLC (NYSE:DLPH) last posted its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.65 by $0.06. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The business had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the prior year, the company posted $1.59 EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, equities analysts forecast that Delphi Automotive PLC will post $6.67 EPS for the current fiscal year.

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The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Monday, August 7th. Delphi Automotive PLC’s payout ratio is presently 24.58%.

In related news, Director Sean O. Mahoney sold 1,949 shares of Delphi Automotive PLC stock in a transaction on Friday, May 26th. The shares were sold at an average price of $87.41, for a total value of $170,362.09. Following the transaction, the director now owns 11,767 shares in the company, valued at approximately $1,028,553.47. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Joseph R. Massaro sold 3,000 shares of Delphi Automotive PLC stock in a transaction on Friday, June 23rd. The stock was sold at an average price of $85.79, for a total transaction of $257,370.00. Following the completion of the transaction, the chief financial officer now owns 55,779 shares in the company, valued at approximately $4,785,280.41. The disclosure for this sale can be found here. In the last quarter, insiders sold 20,449 shares of company stock worth $1,770,497. 0.32% of the stock is owned by corporate insiders.

Institutional investors have recently modified their holdings of the company. Sii Investments Inc. WI boosted its position in shares of Delphi Automotive PLC by 0.5% in the first quarter. Sii Investments Inc. WI now owns 3,865 shares of the auto parts company’s stock worth $308,000 after buying an additional 18 shares during the last quarter. Cleararc Capital Inc. boosted its position in shares of Delphi Automotive PLC by 0.3% in the first quarter. Cleararc Capital Inc. now owns 6,595 shares of the auto parts company’s stock worth $531,000 after buying an additional 19 shares during the last quarter. BTC Capital Management Inc. boosted its position in shares of Delphi Automotive PLC by 0.6% in the first quarter. BTC Capital Management Inc. now owns 3,754 shares of the auto parts company’s stock worth $301,000 after buying an additional 22 shares during the last quarter. Palladium Partners LLC boosted its position in shares of Delphi Automotive PLC by 1.2% in the second quarter. Palladium Partners LLC now owns 3,368 shares of the auto parts company’s stock worth $295,000 after buying an additional 41 shares during the last quarter. Finally, Blair William & Co. IL boosted its position in shares of Delphi Automotive PLC by 1.0% in the second quarter. Blair William & Co. IL now owns 4,111 shares of the auto parts company’s stock worth $360,000 after buying an additional 41 shares during the last quarter. Institutional investors own 92.80% of the company’s stock.

Delphi Automotive PLC Company Profile

Delphi Automotive PLC is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic, powertrain and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, Powertrain Systems, and Electronics and Safety.

Analyst Recommendations for Delphi Automotive PLC (NYSE:DLPH)

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