Norinchukin Bank The Grows Position in Delphi Automotive PLC (NYSE:DLPH)

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Norinchukin Bank The increased its position in shares of Delphi Automotive PLC (NYSE:DLPH) by 6.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,590 shares of the auto parts company’s stock after buying an additional 1,072 shares during the period. Norinchukin Bank The’s holdings in Delphi Automotive PLC were worth $1,629,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Swiss National Bank grew its position in shares of Delphi Automotive PLC by 2.6% during the 2nd quarter. Swiss National Bank now owns 984,900 shares of the auto parts company’s stock valued at $86,326,000 after buying an additional 25,200 shares during the last quarter. Atwood & Palmer Inc. grew its position in shares of Delphi Automotive PLC by 1.2% during the 2nd quarter. Atwood & Palmer Inc. now owns 207,435 shares of the auto parts company’s stock valued at $18,182,000 after buying an additional 2,552 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Delphi Automotive PLC by 45.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,750,370 shares of the auto parts company’s stock valued at $140,888,000 after buying an additional 545,896 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Delphi Automotive PLC by 21.7% during the 2nd quarter. Private Advisor Group LLC now owns 6,367 shares of the auto parts company’s stock valued at $579,000 after buying an additional 1,135 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of Delphi Automotive PLC by 2.3% during the 2nd quarter. Wells Fargo & Company MN now owns 1,715,949 shares of the auto parts company’s stock valued at $150,402,000 after buying an additional 38,804 shares during the last quarter. 90.09% of the stock is owned by institutional investors.

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In other news, Director Thomas W. Sidlik sold 8,475 shares of Delphi Automotive PLC stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $103.19, for a total transaction of $874,535.25. Following the completion of the sale, the director now owns 10,564 shares in the company, valued at approximately $1,090,099.16. The sale was disclosed in a filing with the SEC, which is accessible 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 shares were sold at an average price of $91.35, for a total value 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 disclosure for this sale can be found here. Company insiders own 0.32% of the company’s stock.

DLPH has been the subject of a number of recent research reports. Royal Bank Of Canada reissued a “buy” rating and set a $95.00 target price on shares of Delphi Automotive PLC in a research note on Friday, July 7th. Bank of America Corporation reissued an “underperform” rating and set a $90.00 target price (down from $95.00) on shares of Delphi Automotive PLC in a research note on Friday, June 16th. Guggenheim assumed 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. BidaskClub lowered shares of Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, June 13th. Finally, Raymond James Financial, Inc. assumed 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. One analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $99.60.

Shares of Delphi Automotive PLC (DLPH) opened at 98.40 on Friday. The company has a market capitalization of $26.26 billion, a P/E ratio of 20.83 and a beta of 1.35. The firm has a 50-day moving average of $94.96 and a 200 day moving average of $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 posted its quarterly 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. 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 during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the company earned $1.59 EPS. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, analysts anticipate that Delphi Automotive PLC will post $6.69 EPS for the current year.

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.

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

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