Calamos Advisors LLC increased its holdings in Delphi Automotive PLC (NYSE:DLPH) by 6.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,041 shares of the auto parts company’s stock after acquiring an additional 4,442 shares during the period. Calamos Advisors LLC’s holdings in Delphi Automotive PLC were worth $7,778,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its holdings in Delphi Automotive PLC by 8.2% during the first quarter. Dimensional Fund Advisors LP now owns 644,378 shares of the auto parts company’s stock valued at $51,867,000 after purchasing an additional 49,048 shares during the period. AQR Capital Management LLC grew its holdings in Delphi Automotive PLC by 203.8% during the first quarter. AQR Capital Management LLC now owns 180,189 shares of the auto parts company’s stock valued at $14,503,000 after purchasing an additional 120,868 shares during the period. Paloma Partners Management Co grew its holdings in Delphi Automotive PLC by 39.6% during the first quarter. Paloma Partners Management Co now owns 10,144 shares of the auto parts company’s stock valued at $816,000 after purchasing an additional 2,878 shares during the period. HighTower Advisors LLC grew its holdings in Delphi Automotive PLC by 278.3% during the first quarter. HighTower Advisors LLC now owns 19,338 shares of the auto parts company’s stock valued at $1,547,000 after purchasing an additional 14,226 shares during the period. Finally, Patten Group Inc. grew its holdings in Delphi Automotive PLC by 3.3% during the first quarter. Patten Group Inc. now owns 24,207 shares of the auto parts company’s stock valued at $1,819,000 after purchasing an additional 771 shares during the period. 90.01% of the stock is owned by institutional investors.
In related news, SVP Vos Glen W. De sold 2,100 shares of the stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $91.35, for a total value of $191,835.00. Following the sale, the senior vice president now directly owns 22,994 shares of the company’s stock, valued at approximately $2,100,501.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary L. Cowger sold 8,500 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $98.43, for a total transaction of $836,655.00. Following the completion of the sale, the director now directly owns 29,960 shares in the company, valued at $2,948,962.80. The disclosure for this sale can be found here. Insiders sold a total of 19,075 shares of company stock worth $1,903,025 over the last three months. 0.31% of the stock is currently owned by corporate insiders.
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Shares of Delphi Automotive PLC (DLPH) opened at 99.38 on Wednesday. The company has a market capitalization of $26.52 billion, a PE ratio of 21.03 and a beta of 1.36. The company has a 50 day moving average price of $99.34 and a 200 day moving average price of $91.36. Delphi Automotive PLC has a 1-year low of $60.50 and a 1-year high of $104.09.
Delphi Automotive PLC (NYSE:DLPH) last posted its quarterly earnings data on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share for the quarter, topping the Zacks’ 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 company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same period in the prior year, the company posted $1.59 EPS. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. Equities analysts predict that Delphi Automotive PLC will post $6.70 EPS for the current fiscal 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 given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Tuesday, November 7th. Delphi Automotive PLC’s dividend payout ratio (DPR) is currently 24.58%.
DLPH has been the subject of a number of analyst reports. BidaskClub raised Delphi Automotive PLC from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $95.00 price target on shares of Delphi Automotive PLC in a report on Thursday, July 6th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $95.00 price target on shares of Delphi Automotive PLC in a report on Friday, July 7th. Deutsche Bank AG raised their price target on Delphi Automotive PLC from $99.00 to $107.00 and gave the stock a “buy” rating in a report on Thursday, August 3rd. Finally, BMO Capital Markets raised their price target on Delphi Automotive PLC from $104.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $103.82.
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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