Veritable L.P. lessened its position in Delphi Automotive PLC (NYSE:DLPH) by 5.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,587 shares of the auto parts company’s stock after selling 369 shares during the period. Veritable L.P.’s holdings in Delphi Automotive PLC were worth $577,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Delphi Automotive PLC by 1.8% during the second quarter. Vanguard Group Inc. now owns 21,839,159 shares of the auto parts company’s stock valued at $1,914,202,000 after buying an additional 382,272 shares during the period. BlackRock Inc. boosted its holdings in Delphi Automotive PLC by 2.5% in the second quarter. BlackRock Inc. now owns 17,315,076 shares of the auto parts company’s stock valued at $1,517,667,000 after acquiring an additional 422,074 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Delphi Automotive PLC by 3.4% in the first quarter. Massachusetts Financial Services Co. MA now owns 16,841,567 shares of the auto parts company’s stock valued at $1,355,577,000 after acquiring an additional 552,921 shares in the last quarter. Longview Partners Guernsey LTD boosted its holdings in Delphi Automotive PLC by 3.2% in the second quarter. Longview Partners Guernsey LTD now owns 9,772,666 shares of the auto parts company’s stock valued at $856,574,000 after acquiring an additional 300,071 shares in the last quarter. Finally, Artisan Partners Limited Partnership boosted its holdings in Delphi Automotive PLC by 43.7% in the second quarter. Artisan Partners Limited Partnership now owns 4,435,030 shares of the auto parts company’s stock valued at $388,730,000 after acquiring an additional 1,348,013 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

In other Delphi Automotive PLC 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 transaction of $191,835.00. Following the completion of the sale, the senior vice president now directly owns 22,994 shares of the company’s stock, valued at $2,100,501.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Thomas W. Sidlik sold 8,475 shares of the stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $103.19, for a total transaction of $874,535.25. Following the sale, the director now directly owns 10,564 shares of the company’s stock, valued at $1,090,099.16. The disclosure for this sale can be found here. Company insiders own 0.32% of the company’s stock.

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Shares of Delphi Automotive PLC (NYSE DLPH) opened at 98.40 on Monday. Delphi Automotive PLC has a 12 month low of $60.50 and a 12 month high of $102.95. The company’s 50-day moving average is $94.96 and its 200 day moving average is $86.83. The stock has a market capitalization of $26.26 billion, a P/E ratio of 20.83 and a beta of 1.36.

Delphi Automotive PLC (NYSE:DLPH) last announced its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.06. The business had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.20 billion. Delphi Automotive PLC had a return on equity of 60.14% and a net margin of 7.51%. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.59 EPS. Equities research analysts predict that Delphi Automotive PLC will post $6.69 earnings per share for the current year.

Several research analysts have commented on DLPH shares. Citigroup Inc. raised their target price on shares of Delphi Automotive PLC from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday. Wells Fargo & Company lifted their target price on shares of Delphi Automotive PLC from $105.00 to $109.00 and gave the company an “outperform” rating in a research note on Friday. Robert W. Baird reiterated an “outperform” rating and set a $128.00 price target (up previously from $110.00) on shares of Delphi Automotive PLC in a research report on Thursday. They noted that the move was a valuation call. Piper Jaffray Companies set a $112.00 price target on shares of Delphi Automotive PLC and gave the company a “buy” rating in a research report on Friday, August 11th. Finally, Deutsche Bank AG boosted their price target on shares of Delphi Automotive PLC from $99.00 to $107.00 and gave the company a “buy” rating in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $100.55.

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.

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

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