Capital Analysts LLC Has $39,000 Stock Position in BorgWarner Inc. (NYSE:BWA)

Capital Analysts LLC lowered its stake in BorgWarner Inc. (NYSE:BWA) by 67.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,218 shares of the auto parts company’s stock after selling 2,497 shares during the period. Capital Analysts LLC’s holdings in BorgWarner were worth $39,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BWA. Truist Financial Corp lifted its stake in BorgWarner by 4.0% in the fourth quarter. Truist Financial Corp now owns 15,319 shares of the auto parts company’s stock valued at $487,000 after buying an additional 595 shares during the period. Norges Bank acquired a new position in shares of BorgWarner during the 4th quarter valued at $62,180,000. State of Alaska Department of Revenue boosted its stake in BorgWarner by 96.3% during the fourth quarter. State of Alaska Department of Revenue now owns 51,935 shares of the auto parts company’s stock worth $1,650,000 after acquiring an additional 25,475 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in BorgWarner in the fourth quarter worth $1,197,000. Finally, AIA Group Ltd acquired a new stake in BorgWarner in the fourth quarter worth $1,599,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Stock Up 2.2 %

Shares of NYSE:BWA opened at $28.91 on Wednesday. The company has a market capitalization of $6.35 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 0.77 and a beta of 1.12. BorgWarner Inc. has a 1 year low of $24.40 and a 1 year high of $38.23. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.79 and a quick ratio of 1.45. The business has a fifty day moving average price of $28.09 and a two-hundred day moving average price of $31.20.

BorgWarner (NYSE:BWA) last posted its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.08. BorgWarner had a net margin of 2.40% and a return on equity of 15.93%. Analysts forecast that BorgWarner Inc. will post 4.28 earnings per share for the current year.

BorgWarner Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 1.52%. The ex-dividend date was Monday, March 3rd. BorgWarner’s dividend payout ratio (DPR) is 30.77%.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, EVP Tania Wingfield sold 24,000 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $28.79, for a total transaction of $690,960.00. Following the completion of the transaction, the executive vice president now owns 39,110 shares in the company, valued at $1,125,976.90. This trade represents a 38.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Tonit M. Calaway sold 13,500 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $30.16, for a total transaction of $407,160.00. Following the completion of the sale, the chief accounting officer now directly owns 259,310 shares in the company, valued at approximately $7,820,789.60. This trade represents a 4.95 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,800 shares of company stock valued at $1,347,701. Company insiders own 0.45% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on BWA shares. Morgan Stanley cut their price objective on shares of BorgWarner from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Monday, March 3rd. BNP Paribas upgraded BorgWarner from a “neutral” rating to an “outperform” rating and set a $36.00 price target on the stock in a report on Tuesday, March 18th. UBS Group restated a “neutral” rating and set a $31.00 price objective (down previously from $38.00) on shares of BorgWarner in a report on Thursday, April 10th. TD Cowen cut BorgWarner from a “buy” rating to a “hold” rating and set a $31.00 target price on the stock. in a report on Friday, March 7th. Finally, Cowen lowered shares of BorgWarner from a “buy” rating to a “hold” rating in a research note on Thursday, March 6th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $37.19.

BorgWarner Profile

BorgWarner Inc, together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.