AHL Partners LLP Has $936,000 Holdings in Delphi Automotive PLC (DLPH)
AHL Partners LLP decreased its stake in Delphi Automotive PLC (NYSE:DLPH) by 73.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,684 shares of the auto parts company’s stock after selling 29,335 shares during the quarter. AHL Partners LLP’s holdings in Delphi Automotive PLC were worth $936,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in DLPH. Teachers Advisors LLC lifted its stake in Delphi Automotive PLC by 32.7% in the first quarter. Teachers Advisors LLC now owns 1,062,319 shares of the auto parts company’s stock valued at $85,506,000 after buying an additional 261,952 shares during the period. PNC Financial Services Group Inc. lifted its stake in Delphi Automotive PLC by 2.6% in the first quarter. PNC Financial Services Group Inc. now owns 38,188 shares of the auto parts company’s stock valued at $3,073,000 after buying an additional 980 shares during the period. Loomis Sayles & Co. L P lifted its stake in Delphi Automotive PLC by 1.4% in the first quarter. Loomis Sayles & Co. L P now owns 5,207 shares of the auto parts company’s stock valued at $419,000 after buying an additional 70 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its stake in Delphi Automotive PLC by 2.1% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 14,499 shares of the auto parts company’s stock valued at $1,167,000 after buying an additional 300 shares during the period. Finally, Vanguard Group Inc. lifted its stake in Delphi Automotive PLC by 3.2% in the first quarter. Vanguard Group Inc. now owns 21,456,887 shares of the auto parts company’s stock valued at $1,727,065,000 after buying an additional 667,244 shares during the period. 90.07% of the stock is currently owned by hedge funds and other institutional investors.
Delphi Automotive PLC (DLPH) opened at 97.98 on Tuesday. The company has a market capitalization of $26.15 billion, a P/E ratio of 20.74 and a beta of 1.36. Delphi Automotive PLC has a 12-month low of $60.50 and a 12-month high of $104.09. The company’s 50 day moving average price is $98.89 and its 200-day moving average price is $89.58.
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 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 business had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the prior year, the business earned $1.59 EPS. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. Equities analysts forecast that Delphi Automotive PLC will post $6.69 earnings per share for the current fiscal year.
Several research firms have weighed in on DLPH. BidaskClub raised Delphi Automotive PLC from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Guggenheim began coverage on Delphi Automotive PLC in a research note on Wednesday, June 21st. They issued a “buy” rating and a $104.00 target price on the stock. Bank of America Corporation increased their target price on Delphi Automotive PLC from $95.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, September 26th. KeyCorp increased their target price on Delphi Automotive PLC from $100.00 to $106.00 and gave the company a “buy” rating in a research note on Friday. Finally, Robert W. Baird reissued an “outperform” rating and issued a $128.00 target price (up previously from $110.00) on shares of Delphi Automotive PLC in a research note on Thursday, September 28th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $102.82.
In related news, Director Gary L. Cowger sold 8,500 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $98.43, for a total transaction of $836,655.00. Following the transaction, the director now directly owns 29,960 shares of the company’s stock, valued at approximately $2,948,962.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 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 stock was 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. Over the last ninety days, insiders have sold 19,075 shares of company stock worth $1,903,025. 0.31% of the stock is owned by company insiders.
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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.
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