Acadian Asset Management LLC boosted its stake in shares of Delphi Automotive PLC (NYSE:DLPH) by 1,265.2% during the second quarter, Holdings Channel reports. The institutional investor owned 21,352 shares of the auto parts company’s stock after buying an additional 19,788 shares during the period. Acadian Asset Management LLC’s holdings in Delphi Automotive PLC were worth $1,871,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased 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 worth $1,727,065,000 after buying an additional 667,244 shares during the period. BlackRock Inc. increased 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 worth $1,359,718,000 after buying an additional 16,138,486 shares during the period. Massachusetts Financial Services Co. MA increased 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 worth $1,355,577,000 after buying an additional 552,921 shares during the period. Artisan Partners Limited Partnership increased 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 worth $248,474,000 after buying an additional 72,845 shares during the period. Finally, Bank of New York Mellon Corp increased 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 worth $241,975,000 after buying an additional 454,935 shares during the period. 92.12% of the stock is owned by hedge funds and other institutional investors.

Shares of Delphi Automotive PLC (DLPH) traded up 1.10% during trading on Tuesday, reaching $94.50. The company had a trading volume of 546,386 shares. The firm has a 50-day moving average of $88.84 and a 200 day moving average of $81.67. The firm has a market capitalization of $25.27 billion, a price-to-earnings ratio of 20.00 and a beta of 1.37. Delphi Automotive PLC has a 52 week low of $60.50 and a 52 week high of $94.63.

Delphi Automotive PLC (NYSE:DLPH) last announced its quarterly earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.65 by $0.06. The company had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.20 billion. Delphi Automotive PLC had a return on equity of 60.14% and a net margin of 7.51%. The firm’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.59 earnings per share. On average, equities research analysts forecast that Delphi Automotive PLC will post $6.68 earnings per share for the current year.

The company also recently declared 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. The ex-dividend date of this dividend is Monday, August 7th. This represents a $1.16 annualized dividend and a yield of 1.24%. Delphi Automotive PLC’s dividend payout ratio is presently 24.58%.

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A number of brokerages have issued reports on DLPH. KeyCorp cut their target price on Delphi Automotive PLC from $100.00 to $85.00 and set an “overweight” rating for the company in a research note on Monday, May 8th. Robert W. Baird reaffirmed an “outperform” rating and issued a $107.00 target price on shares of Delphi Automotive PLC in a research note on Wednesday, May 17th. BMO Capital Markets cut their target price on Delphi Automotive PLC from $104.00 to $92.00 and set an “outperform” rating for the company in a research note on Friday, May 5th. Guggenheim began coverage on Delphi Automotive PLC in a research note on Wednesday, June 21st. They issued a “buy” rating and a $104.00 target price for the company. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $95.00 target price on shares of Delphi Automotive PLC in a research note on Friday, July 7th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus 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 company’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 55,779 shares in the company, valued at $4,785,280.41. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP David M. Sherbin sold 15,500 shares of the company’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $86.63, for a total value of $1,342,765.00. Following the sale, the senior vice president now owns 70,766 shares of the company’s stock, valued at $6,130,458.58. The disclosure for this sale can be found here. Insiders have sold 20,449 shares of company stock valued at $1,770,497 over the last 90 days. 0.32% of the stock is currently owned by 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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