BDO Wealth Advisors LLC Takes Position in Delphi Automotive PLC (DLPH)

BDO Wealth Advisors LLC acquired a new position in shares of Delphi Automotive PLC (NYSE:DLPH) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,485 shares of the auto parts company’s stock, valued at approximately $835,000.

Several other institutional investors have also bought and sold shares of DLPH. Global X Management Co. LLC lifted its stake in 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 purchasing an additional 114 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in 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 purchasing an additional 125 shares during the last quarter. Advisory Services Network LLC lifted its stake in Delphi Automotive PLC by 1,248.5% in the 2nd quarter. Advisory Services Network LLC now owns 1,389 shares of the auto parts company’s stock valued at $122,000 after purchasing an additional 1,286 shares during the last quarter. BB&T Investment Services Inc. acquired a new stake in Delphi Automotive PLC in the 2nd quarter valued at about $127,000. Finally, Huntington National Bank lifted its stake in 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 purchasing an additional 74 shares during the last quarter. Institutional investors own 90.47% of the company’s stock.

Shares of Delphi Automotive PLC (NYSE DLPH) traded down $0.83 on Wednesday, hitting $101.17. 1,009,331 shares of the stock traded hands, compared to its average volume of 1,868,936. Delphi Automotive PLC has a 12 month low of $60.50 and a 12 month high of $104.09. The company has a market capitalization of $27,120.00, a PE ratio of 15.04, a PEG ratio of 1.19 and a beta of 1.37. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.62 and a quick ratio of 1.22.

Delphi Automotive PLC (NYSE:DLPH) last announced its earnings results on Thursday, November 2nd. The auto parts company reported $1.66 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.56 by $0.10. Delphi Automotive PLC had a net margin of 8.00% and a return on equity of 57.92%. The company had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.10 billion. During the same period last year, the firm earned $1.50 earnings per share. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. sell-side analysts forecast that Delphi Automotive PLC will post 6.77 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 8th will be paid a $0.29 dividend. The ex-dividend date is Tuesday, November 7th. This represents a $1.16 dividend on an annualized basis and a yield of 1.15%. Delphi Automotive PLC’s dividend payout ratio (DPR) is 22.61%.

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In related news, 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 value of $836,655.00. Following the transaction, the director now directly owns 29,960 shares of the company’s stock, valued at $2,948,962.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction of $874,535.25. Following the completion of the transaction, the director now directly owns 10,564 shares in the company, valued at $1,090,099.16. The disclosure for this sale can be found here. Company insiders own 0.31% of the company’s stock.

Several brokerages recently issued reports on DLPH. Robert W. Baird began coverage on shares of Delphi Automotive PLC in a research note on Wednesday. They issued an “outperform” rating and a $61.00 target price for the company. Piper Jaffray Companies set a $112.00 target price on shares of Delphi Automotive PLC and gave the company a “buy” rating in a research note on Friday, August 11th. Deutsche Bank AG raised their target price on shares of Delphi Automotive PLC from $99.00 to $107.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. Cowen and Company began coverage on shares of Delphi Automotive PLC in a research note on Monday, September 25th. They issued an “outperform” rating and a $120.00 target price for the company. Finally, BidaskClub upgraded shares of Delphi Automotive PLC from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $100.88.

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.

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

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