Marco Investment Management LLC acquired a new stake in Delphi Automotive PLC (NYSE:DLPH) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 23,415 shares of the auto parts company’s stock, valued at approximately $2,052,000.

Several other hedge funds have also made changes to their positions in the stock. Sii Investments Inc. WI grew its holdings 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 valued at $308,000 after purchasing an additional 18 shares in the last quarter. Cleararc Capital Inc. grew its holdings 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 valued at $531,000 after purchasing an additional 19 shares in the last quarter. Palladium Partners LLC lifted its stake in 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 acquiring an additional 41 shares during the last quarter. Blair William & Co. IL lifted its stake in 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 acquiring an additional 41 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its stake in Delphi Automotive PLC by 1.0% in the second quarter. D.A. Davidson & CO. now owns 6,318 shares of the auto parts company’s stock worth $553,000 after acquiring an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 90.09% of the company’s stock.

Shares of Delphi Automotive PLC (NYSE DLPH) traded up 1.72% during mid-day trading on Friday, hitting $102.78. 1,358,791 shares of the stock traded hands. The stock has a market cap of $27.43 billion, a PE ratio of 21.75 and a beta of 1.35. Delphi Automotive PLC has a one year low of $60.50 and a one year high of $102.95. The stock has a 50-day moving average of $94.96 and a 200 day moving average of $86.83.

Delphi Automotive PLC (NYSE:DLPH) last released its quarterly earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter last year, the company earned $1.59 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. Equities analysts predict that Delphi Automotive PLC will post $6.69 EPS for the current fiscal year.

DLPH has been the subject of a number of recent research reports. Morgan Stanley decreased their price target on shares of Delphi Automotive PLC from $80.00 to $78.00 and set an “underweight” rating for the company in a research note on Friday, June 9th. BidaskClub downgraded shares of Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, June 13th. Raymond James Financial, Inc. initiated coverage on shares of Delphi Automotive PLC in a research note on Thursday, June 15th. They issued an “outperform” rating and a $95.00 price target for the company. Bank of America Corporation reiterated an “underperform” rating and issued a $90.00 price target (down previously from $95.00) on shares of Delphi Automotive PLC in a research note on Friday, June 16th. Finally, Guggenheim initiated coverage on shares of Delphi Automotive PLC in a research note on Wednesday, June 21st. They issued a “buy” rating and a $104.00 price target for the company. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $94.53.

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In related news, SVP Vos Glen W. De sold 2,100 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $91.35, for a total transaction of $191,835.00. Following the transaction, the senior vice president now directly owns 22,994 shares in the company, valued at $2,100,501.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.32% of the stock is currently owned by company insiders.

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

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