Delphi Automotive PLC (DLPH) Stake Lowered by Fort Washington Investment Advisors Inc. OH

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Fort Washington Investment Advisors Inc. OH trimmed its stake in shares of Delphi Automotive PLC (NYSE:DLPH) by 38.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,563 shares of the auto parts company’s stock after selling 9,286 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Delphi Automotive PLC were worth $1,276,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DLPH. Global X Management Co. LLC grew its position in shares of Delphi Automotive PLC by 9.7% in the 2nd quarter. Global X Management Co. LLC now owns 1,292 shares of the auto parts company’s stock valued at $113,000 after acquiring an additional 114 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Delphi Automotive PLC by 10.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,316 shares of the auto parts company’s stock valued at $115,000 after acquiring an additional 125 shares during the period. Assetmark Inc. grew its position in shares of Delphi Automotive PLC by 3.1% in the 1st quarter. Assetmark Inc. now owns 1,520 shares of the auto parts company’s stock valued at $122,000 after acquiring an additional 46 shares during the period. Acadian Asset Management LLC bought a new position in shares of Delphi Automotive PLC in the 1st quarter valued at about $126,000. Finally, Huntington National Bank grew its position in shares of Delphi Automotive PLC by 4.7% in the 2nd quarter. Huntington National Bank now owns 1,642 shares of the auto parts company’s stock valued at $144,000 after acquiring an additional 74 shares during the period. Institutional investors and hedge funds own 90.09% of the company’s stock.

Several brokerages have weighed in on DLPH. BidaskClub upgraded shares of Delphi Automotive PLC from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. Guggenheim began 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 for the company. Bank of America Corporation boosted their target price on shares of Delphi Automotive PLC from $95.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, September 26th. Robert W. Baird restated an “outperform” rating and issued a $128.00 target price (up from $110.00) on shares of Delphi Automotive PLC in a research report on Thursday. They noted that the move was a valuation call. Finally, Wells Fargo & Company restated an “outperform” rating and issued a $95.00 target price on shares of Delphi Automotive PLC in a research report on Thursday, July 6th. One analyst has rated the stock with a sell rating, four have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Delphi Automotive PLC currently has an average rating of “Buy” and an average target price of $99.60.

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In other Delphi Automotive PLC news, Director Thomas W. Sidlik sold 8,475 shares of the firm’s stock in a transaction dated Monday, September 25th. The stock was 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 owns 10,564 shares of the company’s stock, valued at $1,090,099.16. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 completion of 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 disclosure for this sale can be found here. 0.32% of the stock is currently owned by company insiders.

Delphi Automotive PLC (NYSE:DLPH) opened at 98.40 on Friday. The company has a market capitalization of $26.26 billion, a price-to-earnings ratio of 20.83 and a beta of 1.35. The company’s 50-day moving average is $94.96 and its 200 day moving average is $86.83. Delphi Automotive PLC has a 52 week low of $60.50 and a 52 week high of $102.95.

Delphi Automotive PLC (NYSE:DLPH) last issued its quarterly earnings data on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.06. Delphi Automotive PLC had a return on equity of 60.14% and a net margin of 7.51%. The company had revenue of $4.32 billion for 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 firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, analysts forecast that Delphi Automotive PLC will post $6.69 EPS for the current fiscal year.

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.

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

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