Peddock Capital Advisors LLC lifted its position in Delphi Automotive PLC (NYSE:DLPH) by 30.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,389 shares of the auto parts company’s stock after purchasing an additional 1,489 shares during the quarter. Peddock Capital Advisors LLC’s holdings in Delphi Automotive were worth $629,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. State Treasurer State of Michigan boosted its stake in Delphi Automotive by 215.4% during the third quarter. State Treasurer State of Michigan now owns 277,622 shares of the auto parts company’s stock worth $27,318,000 after buying an additional 189,600 shares during the period. Tdam USA Inc. purchased a new position in shares of Delphi Automotive in the third quarter valued at approximately $269,000. Swiss National Bank boosted its stake in shares of Delphi Automotive 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 purchasing an additional 25,200 shares during the period. Private Advisor Group LLC boosted its stake in shares of Delphi Automotive by 21.7% in the second quarter. Private Advisor Group LLC now owns 6,367 shares of the auto parts company’s stock valued at $579,000 after purchasing an additional 1,135 shares during the period. Finally, Atwood & Palmer Inc. boosted its stake in shares of Delphi Automotive 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 purchasing an additional 2,552 shares during the period. 91.11% of the stock is owned by hedge funds and other institutional investors.

In related news, Director Bernd Wiedemann sold 17,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $101.54, for a total transaction of $1,726,180.00. Following the completion of the transaction, the director now owns 7,975 shares of the company’s stock, valued at $809,781.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas W. Sidlik sold 8,475 shares of the firm’s stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $103.19, for a total value of $874,535.25. Following the transaction, the director now directly owns 10,564 shares of the company’s stock, valued at approximately $1,090,099.16. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,975 shares of company stock worth $3,437,370. Corporate insiders own 0.31% of the company’s stock.

Several research analysts have recently commented on the stock. Barclays began coverage on shares of Delphi Automotive in a research note on Wednesday. They issued an “overweight” rating for the company. Bank of America began coverage on shares of Delphi Automotive in a report on Wednesday. They issued a “neutral” rating and a $57.00 target price on the stock. UBS began coverage on shares of Delphi Automotive in a report on Wednesday. They set a “neutral” rating on the stock. Morgan Stanley began coverage on shares of Delphi Automotive in a report on Tuesday. They set an “overweight” rating and a $57.00 price objective on the stock. Finally, Goldman Sachs Group began coverage on shares of Delphi Automotive in a report on Tuesday. They set a “buy” rating and a $57.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Delphi Automotive has an average rating of “Buy” and a consensus target price of $92.14.

Shares of Delphi Automotive PLC (NYSE:DLPH) traded up $5.67 during trading hours on Wednesday, hitting $56.50. The stock had a trading volume of 24,670,100 shares, compared to its average volume of 3,908,031. The company has a quick ratio of 1.22, a current ratio of 1.62 and a debt-to-equity ratio of 1.35. Delphi Automotive PLC has a 1-year low of $30.96 and a 1-year high of $57.25. The stock has a market cap of $27,727.09, a PE ratio of 15.36, a P/E/G ratio of 1.21 and a beta of 1.39.

Delphi Automotive (NYSE:DLPH) last issued its earnings results on Thursday, November 2nd. The auto parts company reported $1.66 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.56 by $0.10. The business had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Delphi Automotive had a return on equity of 57.92% and a net margin of 8.00%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.50 EPS. research analysts expect that Delphi Automotive PLC will post 6.77 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Wednesday, November 8th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend was Tuesday, November 7th. Delphi Automotive’s dividend payout ratio is currently 22.61%.

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About Delphi Automotive

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 (NYSE:DLPH)

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