TIAA CREF Investment Management LLC increased its stake in shares of Delphi Automotive PLC (NYSE:DLPH) by 4.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,989,629 shares of the auto parts company’s stock after buying an additional 123,672 shares during the quarter. TIAA CREF Investment Management LLC owned about 1.12% of Delphi Automotive PLC worth $262,041,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of DLPH. Global X Management Co. LLC grew its stake in shares of Delphi Automotive PLC by 9.7% in the second quarter. Global X Management Co. LLC now owns 1,292 shares of the auto parts company’s stock worth $113,000 after purchasing an additional 114 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Delphi Automotive PLC by 10.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,316 shares of the auto parts company’s stock worth $115,000 after purchasing an additional 125 shares in the last quarter. Assetmark Inc. grew its stake in shares of Delphi Automotive PLC by 3.1% in the first quarter. Assetmark Inc. now owns 1,520 shares of the auto parts company’s stock worth $122,000 after purchasing an additional 46 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of Delphi Automotive PLC in the first quarter worth $126,000. Finally, Huntington National Bank grew its stake in shares of Delphi Automotive PLC by 4.7% in the second quarter. Huntington National Bank now owns 1,642 shares of the auto parts company’s stock worth $144,000 after purchasing an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 90.10% of the company’s stock.

In related news, CFO Joseph R. Massaro sold 3,000 shares of Delphi Automotive PLC stock in a transaction on Friday, June 23rd. The stock was sold at an average price of $85.79, for a total transaction of $257,370.00. Following the completion of the sale, the chief financial officer now directly owns 55,779 shares of the company’s stock, valued at $4,785,280.41. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Vos Glen W. De sold 2,100 shares of Delphi Automotive PLC stock in a transaction on Thursday, August 10th. The stock was 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 $2,100,501.90. The disclosure for this sale can be found here. 0.32% of the stock is owned by insiders.

Several research analysts have recently issued reports on the company. BidaskClub raised Delphi Automotive PLC from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. Deutsche Bank AG reissued a “buy” rating and issued a $107.00 price target (up previously from $99.00) on shares of Delphi Automotive PLC in a research note on Wednesday, August 9th. BMO Capital Markets increased their price target 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. Piper Jaffray Companies set a $112.00 price target on Delphi Automotive PLC and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $95.00 price target on shares of Delphi Automotive PLC in a research note on Friday, July 7th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Delphi Automotive PLC currently has a consensus rating of “Buy” and an average price target of $93.78.

Shares of Delphi Automotive PLC (NYSE DLPH) traded up 0.18% during midday trading on Tuesday, hitting $97.67. The stock had a trading volume of 512,267 shares. The firm has a market capitalization of $26.06 billion, a PE ratio of 20.67 and a beta of 1.35. The firm’s 50-day moving average price is $93.35 and its 200-day moving average price is $85.77. Delphi Automotive PLC has a one year low of $60.50 and a one year high of $98.27.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Monday, August 7th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.19%. Delphi Automotive PLC’s dividend payout ratio (DPR) is presently 24.58%.

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

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