Westfield Capital Management Co. LP Has $110.34 Million Stake in Delphi Automotive PLC (DLPH)

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Westfield Capital Management Co. LP boosted its position in Delphi Automotive PLC (NYSE:DLPH) by 1.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,258,826 shares of the auto parts company’s stock after purchasing an additional 14,283 shares during the quarter. Delphi Automotive PLC comprises about 0.9% of Westfield Capital Management Co. LP’s portfolio, making the stock its 23rd biggest holding. Westfield Capital Management Co. LP owned approximately 0.47% of Delphi Automotive PLC worth $110,336,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Swiss National Bank lifted 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 acquiring an additional 25,200 shares during the period. Atwood & Palmer Inc. lifted 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 acquiring an additional 2,552 shares during the period. Goldman Sachs Group Inc. lifted 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 acquiring an additional 545,896 shares during the period. Private Advisor Group LLC lifted 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 acquiring an additional 1,135 shares during the period. Finally, Wells Fargo & Company MN lifted 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 worth $150,402,000 after buying an additional 38,804 shares during the last quarter. Institutional investors and hedge funds own 90.09% of the company’s stock.

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Several analysts recently weighed in on DLPH shares. Deutsche Bank AG upped their price objective on Delphi Automotive PLC from $99.00 to $107.00 and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Royal Bank Of Canada restated a “buy” rating and set a $95.00 price objective on shares of Delphi Automotive PLC in a research report on Friday, July 7th. Guggenheim started coverage on Delphi Automotive PLC in a research report on Wednesday, June 21st. They set a “buy” rating and a $104.00 price objective for the company. Piper Jaffray Companies set a $112.00 price objective on Delphi Automotive PLC and gave the stock a “buy” rating in a research report on Friday, August 11th. Finally, KeyCorp restated a “buy” rating and set a $100.00 price objective on shares of Delphi Automotive PLC in a research report on Sunday, September 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $99.60.

In related news, Director Thomas W. Sidlik sold 8,475 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $103.19, for a total value of $874,535.25. Following the transaction, the director now directly owns 10,564 shares of the company’s stock, valued at approximately $1,090,099.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Vos Glen W. De sold 2,100 shares of the company’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 value of $191,835.00. Following the completion of 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. Insiders own 0.32% of the company’s stock.

Shares of Delphi Automotive PLC (DLPH) opened at 98.40 on Friday. Delphi Automotive PLC has a 1-year low of $60.50 and a 1-year high of $102.95. The company’s 50-day moving average price is $94.96 and its 200 day moving average price is $86.83. The firm has a market cap of $26.26 billion, a PE ratio of 20.83 and a beta of 1.35.

Delphi Automotive PLC (NYSE:DLPH) last issued its quarterly earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 EPS for the quarter, topping 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 firm had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the previous year, the firm posted $1.59 EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, analysts predict 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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