Delphi Automotive PLC (NYSE:DLPH) Position Increased by Kelly Lawrence W & Associates Inc. CA

Kelly Lawrence W & Associates Inc. CA increased its position in shares of Delphi Automotive PLC (NYSE:DLPH) by 4.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 151,665 shares of the auto parts company’s stock after buying an additional 6,810 shares during the period. Delphi Automotive PLC comprises 2.6% of Kelly Lawrence W & Associates Inc. CA’s holdings, making the stock its 17th largest position. Kelly Lawrence W & Associates Inc. CA owned approximately 0.06% of Delphi Automotive PLC worth $13,293,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Fox Run Management L.L.C. purchased a new position in Delphi Automotive PLC during the first quarter worth $209,000. Goldman Sachs Group Inc. increased its position in Delphi Automotive PLC by 45.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,750,370 shares of the auto parts company’s stock worth $140,888,000 after buying an additional 545,896 shares during the period. Patten Group Inc. increased its position in Delphi Automotive PLC by 3.3% in the first quarter. Patten Group Inc. now owns 24,207 shares of the auto parts company’s stock worth $1,819,000 after buying an additional 771 shares during the period. Amica Retiree Medical Trust increased its position in Delphi Automotive PLC by 58.7% in the first quarter. Amica Retiree Medical Trust now owns 2,880 shares of the auto parts company’s stock worth $232,000 after buying an additional 1,065 shares during the period. Finally, AXA increased its position in Delphi Automotive PLC by 21.7% in the first quarter. AXA now owns 621,706 shares of the auto parts company’s stock worth $50,041,000 after buying an additional 111,016 shares during the period. Hedge funds and other institutional investors own 91.90% of the company’s stock.

Shares of Delphi Automotive PLC (NYSE DLPH) traded down 0.16% during midday trading on Friday, hitting $92.27. The company had a trading volume of 1,566,475 shares. The stock has a 50 day moving average price of $91.35 and a 200 day moving average price of $83.44. Delphi Automotive PLC has a 1-year low of $60.50 and a 1-year high of $94.63. The firm has a market capitalization of $24.62 billion, a P/E ratio of 19.53 and a beta of 1.37.

Delphi Automotive PLC (NYSE:DLPH) last issued its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.65 by $0.06. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The firm had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter last year, the company posted $1.59 earnings per share. The firm’s revenue was up 2.7% compared to the same quarter last year. On average, equities analysts anticipate that Delphi Automotive PLC will post $6.69 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th will be issued a dividend of $0.29 per share. The ex-dividend date is Monday, August 7th. This represents a $1.16 annualized dividend and a dividend yield of 1.26%. Delphi Automotive PLC’s dividend payout ratio (DPR) is presently 24.58%.

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Several analysts have recently commented on 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 note on Friday, August 11th. Deutsche Bank AG reissued a “buy” rating and issued a $107.00 price objective (up from $99.00) on shares of Delphi Automotive PLC in a research note on Wednesday, August 9th. BMO Capital Markets increased their price objective on Delphi Automotive PLC from $104.00 to $110.00 and gave the stock an “outperform” rating in a research note 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. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $95.00 price target on shares of Delphi Automotive PLC in a research report on Friday, July 7th. Three analysts have rated the stock with a sell rating, three have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $93.78.

In other Delphi Automotive PLC news, CFO Joseph R. Massaro sold 3,000 shares of Delphi Automotive PLC stock in a transaction 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 transaction, the chief financial officer now owns 55,779 shares of the company’s stock, valued at $4,785,280.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sean O. Mahoney sold 1,949 shares of Delphi Automotive PLC stock in a transaction on Friday, May 26th. The shares were sold at an average price of $87.41, for a total transaction of $170,362.09. Following the completion of the transaction, the director now directly owns 11,767 shares of the company’s stock, valued at approximately $1,028,553.47. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,049 shares of company stock valued at $619,567. 0.32% of the stock is currently 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.

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

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