12,046 Shares in Delphi Automotive PLC (DLPH) Acquired by Capital Fund Management S.A.
Capital Fund Management S.A. purchased a new position in Delphi Automotive PLC (NYSE:DLPH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,046 shares of the auto parts company’s stock, valued at approximately $1,056,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of DLPH. BlackRock Inc. increased its holdings in Delphi Automotive PLC by 2,138.9% in the 1st quarter. BlackRock Inc. now owns 16,893,002 shares of the auto parts company’s stock worth $1,359,718,000 after acquiring an additional 16,138,486 shares in the last quarter. Harris Associates L P purchased a new stake in Delphi Automotive PLC in the 1st quarter worth $180,826,000. OppenheimerFunds Inc. increased its holdings in Delphi Automotive PLC by 72.5% in the 1st quarter. OppenheimerFunds Inc. now owns 2,143,459 shares of the auto parts company’s stock worth $172,527,000 after acquiring an additional 900,514 shares in the last quarter. Pioneer Investment Management Inc. purchased a new stake in Delphi Automotive PLC in the 2nd quarter worth $73,985,000. Finally, Vanguard Group Inc. increased its holdings in Delphi Automotive PLC by 3.2% in the 1st quarter. Vanguard Group Inc. now owns 21,456,887 shares of the auto parts company’s stock worth $1,727,065,000 after acquiring an additional 667,244 shares in the last quarter. 90.10% of the stock is owned by institutional investors.
Delphi Automotive PLC (NYSE:DLPH) opened at 100.19 on Friday. The firm has a market cap of $26.74 billion, a PE ratio of 21.20 and a beta of 1.35. The stock’s 50 day moving average is $94.36 and its 200 day moving average is $86.35. Delphi Automotive PLC has a 12 month low of $60.50 and a 12 month high of $100.50.
Delphi Automotive PLC (NYSE:DLPH) last posted its quarterly earnings data on Wednesday, August 2nd. The auto parts company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.06. The business had revenue of $4.32 billion for 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 business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.59 earnings per share. On average, equities analysts forecast that Delphi Automotive PLC will post $6.69 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend was Monday, August 7th. Delphi Automotive PLC’s payout ratio is currently 24.58%.
In other Delphi Automotive PLC news, SVP Vos Glen W. De sold 2,100 shares of the firm’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $91.35, for a total value of $191,835.00. Following the sale, the senior vice president now directly owns 22,994 shares of the company’s stock, valued at approximately $2,100,501.90. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Joseph R. Massaro sold 3,000 shares of the firm’s stock in a transaction dated Friday, June 23rd. The stock was sold at an average price of $85.79, for a total value 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 disclosure for this sale can be found here. 0.32% of the stock is owned by company insiders.
Several equities research analysts recently commented on the stock. BidaskClub raised shares of Delphi Automotive PLC from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Piper Jaffray Companies set a $112.00 price target on shares of Delphi Automotive PLC and gave the stock a “buy” rating in a report on Friday, August 11th. Deutsche Bank AG reissued a “buy” rating and issued a $107.00 price target (up previously from $99.00) on shares of Delphi Automotive PLC in a report on Wednesday, August 9th. BMO Capital Markets boosted their price target on shares of Delphi Automotive PLC from $104.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $95.00 price target on shares of Delphi Automotive PLC in a report on Friday, July 7th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $93.78.
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Delphi Automotive PLC 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.
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