Deutsche Bank AG cut shares of Delphi Automotive PLC (NYSE:DLPH) from a buy rating to a hold rating in a research report released on Thursday morning. The brokerage currently has $107.00 price objective on the auto parts company’s stock, down from their previous price objective of $108.00.

DLPH has been the topic of several other reports. KeyCorp reissued a buy rating and issued a $100.00 target price on shares of Delphi Automotive PLC in a research report on Sunday, September 17th. BidaskClub raised shares of Delphi Automotive PLC from a sell rating to a hold rating in a research report on Thursday, August 24th. Bank of America Corporation lifted their target price on shares of Delphi Automotive PLC from $95.00 to $110.00 and gave the stock a neutral rating in a research report on Tuesday, September 26th. UBS AG reissued a buy rating and issued a $102.00 target price on shares of Delphi Automotive PLC in a research report on Thursday, September 28th. Finally, BMO Capital Markets lifted their target price on shares of Delphi Automotive PLC from $104.00 to $110.00 and gave the stock an outperform rating in a research report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Delphi Automotive PLC currently has an average rating of Buy and a consensus target price of $102.82.

Shares of Delphi Automotive PLC (NYSE:DLPH) traded down 0.63% during trading on Thursday, hitting $97.48. 1,257,759 shares of the company traded hands. Delphi Automotive PLC has a one year low of $60.50 and a one year high of $104.09. The firm has a 50 day moving average price of $98.67 and a 200-day moving average price of $89.32. The stock has a market cap of $26.01 billion, a price-to-earnings ratio of 20.63 and a beta of 1.36.

Delphi Automotive PLC (NYSE:DLPH) last released its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.06. The business 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 firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted $1.59 earnings per share. Analysts predict that Delphi Automotive PLC will post $6.69 EPS for the current year.

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In other Delphi Automotive PLC news, Director Thomas W. Sidlik sold 8,475 shares of Delphi Automotive PLC stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $103.19, for a total value of $874,535.25. Following the completion of the sale, the director now directly owns 10,564 shares in the company, valued at $1,090,099.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gary L. Cowger sold 8,500 shares of Delphi Automotive PLC stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $98.43, for a total transaction of $836,655.00. Following the completion of the sale, the director now owns 29,960 shares of the company’s stock, valued at $2,948,962.80. The disclosure for this sale can be found here. Insiders sold 19,075 shares of company stock valued at $1,903,025 over the last quarter. Corporate insiders own 0.32% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of DLPH. BlackRock Inc. lifted its stake in 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 acquiring an additional 16,138,486 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Delphi Automotive PLC by 705.4% in the second quarter. Janus Henderson Group PLC now owns 5,504,770 shares of the auto parts company’s stock worth $482,510,000 after buying an additional 4,821,278 shares during the last quarter. Glenview Capital Management LLC acquired a new stake in shares of Delphi Automotive PLC in the second quarter worth $163,155,000. Artisan Partners Limited Partnership lifted its stake in shares of Delphi Automotive PLC by 43.7% in the second quarter. Artisan Partners Limited Partnership now owns 4,435,030 shares of the auto parts company’s stock worth $388,730,000 after buying an additional 1,348,013 shares during the last quarter. Finally, Pioneer Investment Management Inc. acquired a new stake in shares of Delphi Automotive PLC in the second quarter worth $73,985,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

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.

Analyst Recommendations for Delphi Automotive PLC (NYSE:DLPH)

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