Deutsche Bank AG reiterated their buy rating on shares of Delphi Automotive PLC (NYSE:DLPH) in a research report sent to investors on Wednesday morning. Deutsche Bank AG currently has a $107.00 price target on the auto parts company’s stock, up from their prior price target of $99.00.

A number of other research firms have also issued reports on DLPH. BMO Capital Markets increased their target price on Delphi Automotive PLC from $104.00 to $110.00 and gave the company an outperform rating in a report on Friday, August 4th. BidaskClub lowered Delphi Automotive PLC from a hold rating to a sell rating in a report on Thursday, July 27th. Royal Bank Of Canada restated a buy rating and issued a $95.00 target price on shares of Delphi Automotive PLC in a report on Friday, July 7th. Jefferies Group LLC increased their target price on Delphi Automotive PLC from $100.00 to $106.00 and gave the company a buy rating in a report on Friday, May 5th. Finally, Zacks Investment Research lowered Delphi Automotive PLC from a buy rating to a hold rating in a report on Friday, May 5th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of Buy and an average target price of $93.78.

Shares of Delphi Automotive PLC (DLPH) traded up 1.31% on Wednesday, hitting $92.34. The company’s stock had a trading volume of 1,482,882 shares. The firm has a market cap of $24.64 billion, a PE ratio of 19.54 and a beta of 1.37. The company has a 50 day moving average of $90.41 and a 200 day moving average of $82.67. Delphi Automotive PLC has a 1-year low of $60.50 and a 1-year high of $94.63.

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

TRADEMARK VIOLATION WARNING: “Delphi Automotive PLC (NYSE:DLPH) Earns “Buy” Rating from Deutsche Bank AG” was reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this report on another publication, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be viewed at https://theolympiareport.com/2017/08/12/delphi-automotive-plc-nysedlph-earns-buy-rating-from-deutsche-bank-ag.html.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 23rd. Stockholders of record on Wednesday, August 9th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Monday, August 7th. Delphi Automotive PLC’s dividend payout ratio (DPR) is 24.58%.

In related news, CFO Joseph R. Massaro sold 3,000 shares of the company’s stock in a transaction on Friday, June 23rd. The shares were sold at an average price of $85.79, for a total value of $257,370.00. Following the completion of the transaction, the chief financial officer now directly owns 55,779 shares of the company’s stock, valued at approximately $4,785,280.41. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP David M. Sherbin sold 15,500 shares of the company’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $86.63, for a total transaction of $1,342,765.00. Following the completion of the transaction, the senior vice president now directly owns 70,766 shares of the company’s stock, valued at $6,130,458.58. The disclosure for this sale can be found here. Insiders sold a total of 22,549 shares of company stock valued at $1,962,332 in the last three months. 0.32% of the stock is owned by company insiders.

Large investors have recently modified their holdings of the company. Nationwide Fund Advisors boosted its stake in shares of Delphi Automotive PLC by 1.0% in the first quarter. Nationwide Fund Advisors now owns 355,438 shares of the auto parts company’s stock valued at $28,609,000 after buying an additional 3,620 shares during the period. Westwood Management Corp IL boosted its stake in shares of Delphi Automotive PLC by 144.2% in the first quarter. Westwood Management Corp IL now owns 298,370 shares of the auto parts company’s stock valued at $24,016,000 after buying an additional 176,170 shares during the period. James Investment Research Inc. acquired a new stake in shares of Delphi Automotive PLC during the first quarter valued at approximately $181,000. Douglas Lane & Associates LLC boosted its stake in shares of Delphi Automotive PLC by 1.9% in the first quarter. Douglas Lane & Associates LLC now owns 910,853 shares of the auto parts company’s stock valued at $73,315,000 after buying an additional 17,144 shares during the period. Finally, Hartford Investment Management Co. boosted its stake in shares of Delphi Automotive PLC by 12.1% in the first quarter. Hartford Investment Management Co. now owns 75,830 shares of the auto parts company’s stock valued at $6,104,000 after buying an additional 8,173 shares during the period. 92.12% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Delphi Automotive PLC (NYSE:DLPH)

Receive News & Ratings for Delphi Automotive PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delphi Automotive PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.