Public Employees Retirement Association of Colorado lowered its stake in Delphi Automotive PLC (NYSE:DLPH) by 0.5% during the second quarter, Holdings Channel reports. The firm owned 50,966 shares of the auto parts company’s stock after selling 232 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Delphi Automotive PLC were worth $4,467,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLPH. Vanguard Group Inc. raised its stake in shares of Delphi Automotive PLC by 3.2% in the first quarter. Vanguard Group Inc. now owns 21,456,887 shares of the auto parts company’s stock valued at $1,727,065,000 after buying an additional 667,244 shares in the last quarter. BlackRock Inc. raised its stake in shares of Delphi Automotive PLC by 2,138.9% in the first quarter. BlackRock Inc. now owns 16,893,002 shares of the auto parts company’s stock valued at $1,359,718,000 after buying an additional 16,138,486 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Delphi Automotive PLC by 3.4% in the first quarter. Massachusetts Financial Services Co. MA now owns 16,841,567 shares of the auto parts company’s stock valued at $1,355,577,000 after buying an additional 552,921 shares in the last quarter. Artisan Partners Limited Partnership raised its stake in shares of Delphi Automotive PLC by 2.4% in the first quarter. Artisan Partners Limited Partnership now owns 3,087,017 shares of the auto parts company’s stock valued at $248,474,000 after buying an additional 72,845 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Delphi Automotive PLC by 17.8% in the first quarter. Bank of New York Mellon Corp now owns 3,006,288 shares of the auto parts company’s stock valued at $241,975,000 after buying an additional 454,935 shares in the last quarter. Institutional investors and hedge funds own 92.80% of the company’s stock.

Delphi Automotive PLC (NYSE:DLPH) opened at 93.19 on Friday. The company’s 50-day moving average is $88.84 and its 200 day moving average is $81.67. Delphi Automotive PLC has a 52 week low of $60.50 and a 52 week high of $93.44. The stock has a market cap of $24.92 billion, a PE ratio of 19.72 and a beta of 1.37.

Delphi Automotive PLC (NYSE:DLPH) last issued its quarterly earnings data on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share 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 firm had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the prior year, the business earned $1.59 EPS. The business’s quarterly revenue was up 2.7% on a year-over-year basis. On average, analysts expect that Delphi Automotive PLC will post $6.67 earnings per share for the current fiscal year.

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

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DLPH has been the topic of several research reports. Zacks Investment Research lowered shares of Delphi Automotive PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, April 18th. Morgan Stanley lowered their price objective on shares of Delphi Automotive PLC from $80.00 to $78.00 and set an “underweight” rating on the stock in a research report on Friday, June 9th. Bank of America Corporation raised shares of Delphi Automotive PLC from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $62.00 to $95.00 in a research report on Thursday, May 4th. BidaskClub raised shares of Delphi Automotive PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Finally, Jefferies Group LLC lifted their price objective on shares of Delphi Automotive PLC from $100.00 to $106.00 and gave the stock a “buy” rating in a research report on Friday, May 5th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $92.03.

In other Delphi Automotive PLC news, CFO Joseph R. Massaro sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, June 23rd. The shares were sold at an average price of $85.79, for a total transaction of $257,370.00. Following the sale, the chief financial officer now owns 55,779 shares in the company, valued at approximately $4,785,280.41. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sean O. Mahoney sold 1,949 shares of the firm’s stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $87.41, for a total transaction of $170,362.09. Following the sale, the director now owns 11,767 shares in the company, valued at approximately $1,028,553.47. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,449 shares of company stock worth $1,770,497. 0.32% of the stock is owned by company insiders.

About Delphi Automotive PLC

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.

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Institutional Ownership by Quarter for Delphi Automotive PLC (NYSE:DLPH)

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