BT Investment Management Ltd bought a new stake in Delphi Automotive PLC (NYSE:DLPH) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,049 shares of the auto parts company’s stock, valued at approximately $355,000.

Other large investors also recently added to or reduced their stakes in the company. Swiss National Bank increased its position in shares of Delphi Automotive PLC by 2.6% in the second quarter. Swiss National Bank now owns 984,900 shares of the auto parts company’s stock valued at $86,326,000 after acquiring an additional 25,200 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of 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 valued at $140,888,000 after acquiring an additional 545,896 shares during the last quarter. Atwood & Palmer Inc. increased its position in shares of Delphi Automotive PLC by 1.2% in the second quarter. Atwood & Palmer Inc. now owns 207,435 shares of the auto parts company’s stock valued at $18,182,000 after acquiring an additional 2,552 shares during the last quarter. Patten Group Inc. increased its position in shares of 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 valued at $1,819,000 after acquiring an additional 771 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Delphi Automotive PLC by 2.3% in the second quarter. Wells Fargo & Company MN now owns 1,715,949 shares of the auto parts company’s stock valued at $150,402,000 after acquiring an additional 38,804 shares during the last quarter. 90.09% of the stock is currently owned by institutional investors and hedge funds.

DLPH has been the topic of a number of recent analyst reports. Morgan Stanley lowered their price target on Delphi Automotive PLC from $80.00 to $78.00 and set an “underweight” rating on the stock in a research report on Friday, June 9th. BidaskClub downgraded Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, June 13th. Raymond James Financial, Inc. initiated coverage on Delphi Automotive PLC in a research report on Thursday, June 15th. They set an “outperform” rating and a $95.00 price target on the stock. Bank of America Corporation reissued an “underperform” rating and set a $90.00 price target (down previously from $95.00) on shares of Delphi Automotive PLC in a research report on Friday, June 16th. Finally, Guggenheim initiated coverage on Delphi Automotive PLC in a research report on Wednesday, June 21st. They set a “buy” rating and a $104.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $94.53.

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In related news, SVP Vos Glen W. De sold 2,100 shares of Delphi Automotive PLC stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $91.35, for a total value of $191,835.00. Following the completion of the transaction, the senior vice president now directly owns 22,994 shares in the company, valued at approximately $2,100,501.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.32% of the stock is currently owned by insiders.

Shares of Delphi Automotive PLC (NYSE:DLPH) opened at 101.04 on Friday. The company has a market capitalization of $26.96 billion, a PE ratio of 21.38 and a beta of 1.35. The company has a 50 day moving average price of $94.96 and a 200 day moving average price of $86.83. Delphi Automotive PLC has a 52 week low of $60.50 and a 52 week high of $101.41.

Delphi Automotive PLC (NYSE:DLPH) last issued its quarterly 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 company had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter last year, the business posted $1.59 EPS. Delphi Automotive PLC’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, equities research analysts expect that Delphi Automotive PLC will post $6.69 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th were paid a $0.29 dividend. The ex-dividend date was Monday, August 7th. This represents a $1.16 dividend on an annualized basis and a yield of 1.15%. Delphi Automotive PLC’s dividend payout ratio is 24.58%.

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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