Augustine Asset Management Inc. lowered its position in Delphi Automotive PLC (NYSE:DLPH) by 2.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,357 shares of the company’s stock after selling 1,865 shares during the period. Delphi Automotive PLC accounts for approximately 3.3% of Augustine Asset Management Inc.’s portfolio, making the stock its 8th largest position. Augustine Asset Management Inc.’s holdings in Delphi Automotive PLC were worth $4,447,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Gilman Hill Asset Management LLC purchased a new position in Delphi Automotive PLC during the second quarter worth about $303,000. LS Investment Advisors LLC increased its position in Delphi Automotive PLC by 0.7% in the second quarter. LS Investment Advisors LLC now owns 7,662 shares of the company’s stock worth $480,000 after buying an additional 53 shares during the last quarter. Atwood & Palmer Inc. increased its position in Delphi Automotive PLC by 2.1% in the second quarter. Atwood & Palmer Inc. now owns 198,465 shares of the company’s stock worth $12,424,000 after buying an additional 4,161 shares during the last quarter. Palladium Partners LLC purchased a new position in Delphi Automotive PLC during the second quarter worth about $200,000. Finally, Fox Run Management L.L.C. purchased a new position in Delphi Automotive PLC during the second quarter worth about $369,000. 93.69% of the stock is currently owned by institutional investors.

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

Shares of Delphi Automotive PLC (NYSE:DLPH) traded up 0.88% during trading on Wednesday, reaching $64.00. The company’s stock had a trading volume of 3,773,562 shares. The stock has a market cap of $17.33 billion, a P/E ratio of 15.11 and a beta of 1.43. The stock has a 50-day moving average of $66.33 and a 200-day moving average of $67.11. 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 announced its quarterly earnings data on Wednesday, November 2nd. The company reported $1.50 EPS for the quarter, topping the Zacks’ consensus estimate of $1.43 by $0.07. The company earned $4.10 billion during the quarter, compared to the consensus estimate of $3.90 billion. Delphi Automotive PLC had a net margin of 7.20% and a return on equity of 58.26%. Delphi Automotive PLC’s quarterly revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.28 EPS. Analysts predict that Delphi Automotive PLC will post $6.05 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 23rd. Stockholders of record on Wednesday, November 9th were issued a $0.29 dividend. The ex-dividend date was Monday, November 7th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.81%. Delphi Automotive PLC’s dividend payout ratio is presently 27.49%.

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DLPH has been the subject of a number of research reports. Robert W. Baird reiterated an “overweight” rating and set a $95.00 price objective on shares of Delphi Automotive PLC in a report on Monday, September 19th. Zacks Investment Research downgraded Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, October 4th. Vetr downgraded Delphi Automotive PLC from a “buy” rating to a “hold” rating and set a $72.50 price target for the company. in a research note on Monday, August 29th. Morgan Stanley downgraded Delphi Automotive PLC from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $74.00 to $59.00 in a research note on Tuesday. Finally, Goldman Sachs Group Inc. restated a “buy” rating and issued a $77.00 price target (down from $81.00) on shares of Delphi Automotive PLC in a research note on Saturday, October 8th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Delphi Automotive PLC has a consensus rating of “Buy” and an average target price of $79.90.

About Delphi Automotive PLC

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.

5 Day Chart for NYSE:DLPH

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