Delphi Automotive PLC (NYSE:DLPH) shares reached a new 52-week high on Friday . The stock traded as high as $102.36 and last traded at $102.45, with a volume of 341,725 shares traded. The stock had previously closed at $101.04.

DLPH has been the topic of several analyst reports. Morgan Stanley dropped 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 report on Friday, June 9th. BidaskClub downgraded shares of Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, June 13th. Raymond James Financial, Inc. initiated coverage on shares of Delphi Automotive PLC in a research report on Thursday, June 15th. They issued an “outperform” rating and a $95.00 target price on the stock. Bank of America Corporation reissued an “underperform” rating and issued a $90.00 target price (down from $95.00) on shares of Delphi Automotive PLC in a research report on Friday, June 16th. Finally, Guggenheim initiated coverage on shares of Delphi Automotive PLC in a research report on Wednesday, June 21st. They issued a “buy” rating and a $104.00 target price on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $94.53.

The company has a 50 day moving average of $94.96 and a 200-day moving average of $86.83. The firm has a market capitalization of $27.43 billion, a P/E ratio of 21.75 and a beta of 1.35.

Delphi Automotive PLC (NYSE:DLPH) last announced its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.65 by $0.06. The firm had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.20 billion. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the company posted $1.59 EPS. On average, analysts predict that Delphi Automotive PLC will post $6.69 EPS for the current fiscal year.

In other news, SVP Vos Glen W. De sold 2,100 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $91.35, for a total transaction of $191,835.00. Following the completion of the transaction, 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.32% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the company. Global X Management Co. LLC grew its stake in shares of Delphi Automotive PLC by 9.7% during the 2nd quarter. Global X Management Co. LLC now owns 1,292 shares of the auto parts company’s stock worth $113,000 after acquiring an additional 114 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Delphi Automotive PLC by 10.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,316 shares of the auto parts company’s stock worth $115,000 after acquiring an additional 125 shares in the last quarter. Advisory Services Network LLC grew its stake in shares of Delphi Automotive PLC by 1,248.5% during the 2nd quarter. Advisory Services Network LLC now owns 1,389 shares of the auto parts company’s stock worth $122,000 after acquiring an additional 1,286 shares in the last quarter. BB&T Investment Services Inc. bought a new position in shares of Delphi Automotive PLC during the 2nd quarter worth approximately $127,000. Finally, Huntington National Bank grew its stake in shares of Delphi Automotive PLC by 4.7% during the 2nd quarter. Huntington National Bank now owns 1,642 shares of the auto parts company’s stock worth $144,000 after acquiring an additional 74 shares in the last quarter. 90.09% of the stock is owned by institutional investors.

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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.

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