Gyroscope Capital Management Group LLC Acquires 112 Shares of Delphi Automotive PLC (DLPH)
Gyroscope Capital Management Group LLC boosted its holdings in Delphi Automotive PLC (NYSE:DLPH) by 4.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,776 shares of the auto parts company’s stock after purchasing an additional 112 shares during the quarter. Gyroscope Capital Management Group LLC’s holdings in Delphi Automotive PLC were worth $243,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in DLPH. US Bancorp DE grew its holdings in Delphi Automotive PLC by 108.1% in the first quarter. US Bancorp DE now owns 2,991 shares of the auto parts company’s stock worth $241,000 after purchasing an additional 1,554 shares during the period. Westpac Banking Corp purchased a new stake in shares of Delphi Automotive PLC during the first quarter valued at approximately $390,000. Systematic Financial Management LP purchased a new stake in shares of Delphi Automotive PLC during the first quarter valued at approximately $1,548,000. Advantus Capital Management Inc grew its holdings in shares of Delphi Automotive PLC by 1.0% during the first quarter. Advantus Capital Management Inc now owns 27,059 shares of the auto parts company’s stock valued at $2,178,000 after buying an additional 268 shares during the last quarter. Finally, Teachers Advisors LLC grew its holdings in shares of Delphi Automotive PLC by 32.7% during the first quarter. Teachers Advisors LLC now owns 1,062,319 shares of the auto parts company’s stock valued at $85,506,000 after buying an additional 261,952 shares during the last quarter. Institutional investors and hedge funds own 90.13% of the company’s stock.
In other 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 value of $191,835.00. Following the completion of the sale, the senior vice president now directly owns 22,994 shares in the company, valued at $2,100,501.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gary L. Cowger sold 8,500 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $98.43, for a total transaction of $836,655.00. Following the completion of the sale, the director now owns 29,960 shares of the company’s stock, valued at $2,948,962.80. The disclosure for this sale can be found here. Insiders sold 19,075 shares of company stock valued at $1,903,025 over the last quarter. Company insiders own 0.32% of the company’s stock.
DLPH has been the topic of a number of recent analyst reports. KeyCorp reiterated a “buy” rating and set a $100.00 price target on shares of Delphi Automotive PLC in a report on Sunday, September 17th. BidaskClub upgraded shares of Delphi Automotive PLC from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Deutsche Bank AG reiterated a “buy” rating and set a $107.00 price target (up previously from $99.00) on shares of Delphi Automotive PLC in a report on Wednesday, August 9th. Bank of America Corporation increased their price target on shares of Delphi Automotive PLC from $95.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, September 26th. Finally, BMO Capital Markets increased their price target on shares of Delphi Automotive PLC from $104.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, August 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $101.23.
Shares of Delphi Automotive PLC (NYSE:DLPH) traded down 1.82% during mid-day trading on Friday, hitting $100.45. 1,374,990 shares of the stock traded hands. Delphi Automotive PLC has a 12 month low of $60.50 and a 12 month high of $104.09. The firm has a 50 day moving average of $98.03 and a 200 day moving average of $88.74. The stock has a market cap of $26.80 billion, a price-to-earnings ratio of 21.26 and a beta of 1.36.
Delphi Automotive PLC (NYSE:DLPH) last issued its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 EPS for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.06. The business had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.59 earnings per share. On average, equities analysts expect that Delphi Automotive PLC will post $6.69 EPS for the current fiscal year.
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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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