Barclays PLC set a $114.00 price objective on Delphi Automotive PLC (NYSE:DLPH) in a research report sent to investors on Friday morning. The firm currently has a buy rating on the auto parts company’s stock.

DLPH has been the subject of several other research reports. BidaskClub upgraded Delphi Automotive PLC from a hold rating to a buy rating in a research note on Friday, September 22nd. Bank of America Corporation increased their target price on Delphi Automotive PLC from $95.00 to $110.00 and gave the company a neutral rating in a research note on Tuesday, September 26th. KeyCorp increased their target price on Delphi Automotive PLC from $100.00 to $106.00 and gave the company a buy rating in a research note on Friday, October 13th. Robert W. Baird restated an outperform rating and set a $128.00 target price (up previously from $110.00) on shares of Delphi Automotive PLC in a research note on Thursday, September 28th. They noted that the move was a valuation call. Finally, Wells Fargo & Company restated an outperform rating and set a $95.00 target price on shares of Delphi Automotive PLC in a research note on Thursday, July 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of Buy and an average price target of $103.82.

Shares of Delphi Automotive PLC (NYSE:DLPH) traded down 0.82% during midday trading on Friday, hitting $96.84. The company had a trading volume of 1,637,460 shares. The firm has a market cap of $25.84 billion, a price-to-earnings ratio of 20.50 and a beta of 1.36. The company’s 50 day moving average is $99.13 and its 200 day moving average is $90.07. Delphi Automotive PLC has a one year low of $60.50 and a one year high of $104.09.

Delphi Automotive PLC (NYSE:DLPH) last announced its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the company earned $1.59 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. Equities analysts forecast that Delphi Automotive PLC will post $6.70 earnings per share for the current fiscal year.

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In other news, SVP Vos Glen W. De sold 2,100 shares of the stock in a transaction that occurred 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 completion of the transaction, the senior vice president now directly owns 22,994 shares of the company’s stock, valued at approximately $2,100,501.90. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Thomas W. Sidlik sold 8,475 shares of the stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $103.19, for a total value of $874,535.25. Following the sale, the director now owns 10,564 shares in the company, valued at $1,090,099.16. The disclosure for this sale can be found here. Over the last three months, insiders sold 19,075 shares of company stock valued at $1,903,025. 0.31% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Swiss National Bank grew its position in Delphi Automotive PLC by 2.6% during the 2nd quarter. Swiss National Bank now owns 984,900 shares of the auto parts company’s stock worth $86,326,000 after acquiring an additional 25,200 shares during the last quarter. Atwood & Palmer Inc. grew its position in Delphi Automotive PLC by 1.2% during the 2nd quarter. Atwood & Palmer Inc. now owns 207,435 shares of the auto parts company’s stock worth $18,182,000 after acquiring an additional 2,552 shares during the last quarter. Private Advisor Group LLC grew its position in Delphi Automotive PLC by 21.7% during the 2nd quarter. Private Advisor Group LLC now owns 6,367 shares of the auto parts company’s stock worth $579,000 after acquiring an additional 1,135 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Delphi Automotive PLC by 45.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,750,370 shares of the auto parts company’s stock worth $140,888,000 after acquiring an additional 545,896 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Delphi Automotive PLC by 6.5% during the 2nd quarter. Franklin Resources Inc. now owns 3,043,302 shares of the auto parts company’s stock worth $266,735,000 after acquiring an additional 185,147 shares during the last quarter. Institutional investors and hedge funds own 90.07% of the company’s stock.

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.

Analyst Recommendations for Delphi Automotive PLC (NYSE:DLPH)

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