Macquarie Group Ltd. Has $18,210,000 Position in Delphi Automotive PLC (DLPH)
Macquarie Group Ltd. raised its stake in shares of Delphi Automotive PLC (NYSE:DLPH) by 16.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 290,890 shares of the company’s stock after buying an additional 41,505 shares during the period. Macquarie Group Ltd. owned approximately 0.11% of Delphi Automotive PLC worth $18,210,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the stock. J.Safra Asset Management Corp acquired a new position in shares of Delphi Automotive PLC during the second quarter valued at $114,000. South Dakota Investment Council purchased a new stake in shares of Delphi Automotive PLC during the second quarter valued at approximately $175,000. Citizens Financial Group Inc RI increased its stake in shares of Delphi Automotive PLC by 23.9% in the second quarter. Citizens Financial Group Inc RI now owns 3,119 shares of the company’s stock valued at $195,000 after buying an additional 601 shares during the last quarter. Palladium Partners LLC purchased a new stake in shares of Delphi Automotive PLC during the second quarter valued at approximately $200,000. Finally, Bluestein R H & Co. purchased a new stake in shares of Delphi Automotive PLC during the second quarter valued at approximately $219,000. Institutional investors and hedge funds own 90.98% of the company’s stock.
Shares of Delphi Automotive PLC (NYSE:DLPH) traded up 0.69% during mid-day trading on Friday, reaching $67.52. 534,687 shares of the company’s stock were exchanged. The company has a market cap of $18.29 billion, a PE ratio of 15.94 and a beta of 1.43. The company’s 50-day moving average price is $66.44 and its 200 day moving average price is $67.19. Delphi Automotive PLC has a 52-week low of $55.59 and a 52-week high of $88.89.
Delphi Automotive PLC (NYSE:DLPH) last released its earnings results on Wednesday, November 2nd. The company reported $1.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.07. Delphi Automotive PLC had a net margin of 7.20% and a return on equity of 58.26%. The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $3.90 billion. During the same quarter in the previous year, the company earned $1.28 EPS. Delphi Automotive PLC’s quarterly revenue was up 12.7% compared to the same quarter last year. On average, equities research analysts predict that Delphi Automotive PLC will post $6.05 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 23rd. Investors of record on Wednesday, November 9th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Monday, November 7th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.72%. Delphi Automotive PLC’s payout ratio is presently 27.49%.
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Several equities research analysts have commented on DLPH shares. Seaport Global Securities started coverage on shares of Delphi Automotive PLC in a research note on Tuesday, August 9th. They issued a “buy” rating and a $77.00 target price for the company. Vetr downgraded shares of Delphi Automotive PLC from a “strong-buy” rating to a “buy” rating and set a $72.70 target price for the company. in a research note on Wednesday, August 17th. reaffirmed a “buy” rating on shares of Delphi Automotive PLC in a research note on Wednesday, August 3rd. Bank of America Corp. downgraded shares of Delphi Automotive PLC from a “buy” rating to an “underperform” rating and lowered their target price for the company from $80.00 to $60.00 in a research note on Wednesday, November 9th. Finally, Robert W. Baird reissued an “outperform” rating on shares of Delphi Automotive PLC in a research report on Thursday, August 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $80.78.
Delphi Automotive PLC Company Profile
Delphi Automotive PLC is a vehicle components manufacturer. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It serves automotive and commercial vehicle markets. Its Electrical/Electronic Architecture segment includes electrical architecture and component products.
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