New Mexico Educational Retirement Board decreased its position in shares of Delphi Automotive PLC (NYSE:DLPH) by 8.8% during the second quarter, Holdings Channel reports. The firm owned 24,900 shares of the auto parts company’s stock after selling 2,400 shares during the period. New Mexico Educational Retirement Board’s holdings in Delphi Automotive PLC were worth $2,251,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Nationwide Fund Advisors increased its stake in shares of Delphi Automotive PLC by 1.0% in the first quarter. Nationwide Fund Advisors now owns 355,438 shares of the auto parts company’s stock worth $28,609,000 after buying an additional 3,620 shares during the period. Westwood Management Corp IL increased its stake in shares of Delphi Automotive PLC by 144.2% in the first quarter. Westwood Management Corp IL now owns 298,370 shares of the auto parts company’s stock worth $24,016,000 after buying an additional 176,170 shares during the period. James Investment Research Inc. bought a new stake in shares of Delphi Automotive PLC during the first quarter worth about $181,000. Douglas Lane & Associates LLC increased its stake in shares of Delphi Automotive PLC by 1.9% in the first quarter. Douglas Lane & Associates LLC now owns 910,853 shares of the auto parts company’s stock worth $73,315,000 after buying an additional 17,144 shares during the period. Finally, Hartford Investment Management Co. increased its stake in shares of Delphi Automotive PLC by 12.1% in the first quarter. Hartford Investment Management Co. now owns 75,830 shares of the auto parts company’s stock worth $6,104,000 after buying an additional 8,173 shares during the period. Institutional investors and hedge funds own 92.12% of the company’s stock.

Delphi Automotive PLC (DLPH) opened at 91.15 on Friday. The company has a market cap of $24.32 billion, a PE ratio of 19.29 and a beta of 1.37. Delphi Automotive PLC has a 52 week low of $60.50 and a 52 week high of $94.63. The company has a 50-day moving average price of $90.22 and a 200 day moving average price of $82.51.

Delphi Automotive PLC (NYSE:DLPH) last announced its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.06. The company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.20 billion. Delphi Automotive PLC had a return on equity of 60.14% and a net margin of 7.51%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.59 earnings per share. On average, equities research analysts forecast that Delphi Automotive PLC will post $6.69 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 23rd. Shareholders of record on Wednesday, August 9th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Monday, August 7th. Delphi Automotive PLC’s payout ratio is 24.58%.

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A number of brokerages have issued reports on DLPH. Deutsche Bank AG restated a “buy” rating and set a $107.00 price objective (up from $99.00) on shares of Delphi Automotive PLC in a research report on Wednesday. BMO Capital Markets upped their price objective on Delphi Automotive PLC from $104.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. BidaskClub downgraded Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. 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. Finally, Zacks Investment Research downgraded Delphi Automotive PLC from a “buy” rating to a “hold” rating in a research report on Friday, May 5th. Three analysts have rated the stock with a sell rating, three have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $92.82.

In other Delphi Automotive PLC news, SVP David M. Sherbin sold 15,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $86.63, for a total value of $1,342,765.00. Following the sale, the senior vice president now owns 70,766 shares of the company’s stock, valued at $6,130,458.58. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Joseph R. Massaro sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, June 23rd. The shares were sold at an average price of $85.79, for a total value of $257,370.00. Following the completion of the sale, the chief financial officer now directly owns 55,779 shares in the company, valued at approximately $4,785,280.41. The disclosure for this sale can be found here. In the last three months, insiders sold 20,449 shares of company stock worth $1,770,497. 0.32% of the stock is owned by corporate insiders.

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

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