Axa Acquires 19,269 Shares of Delphi Automotive PLC (DLPH)
Axa increased its holdings in shares of Delphi Automotive PLC (NYSE:DLPH) by 3.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 640,975 shares of the auto parts company’s stock after buying an additional 19,269 shares during the period. Axa owned 0.24% of Delphi Automotive PLC worth $56,181,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of DLPH. BlackRock Inc. raised its stake in shares of Delphi Automotive PLC by 2,138.9% during the first quarter. BlackRock Inc. now owns 16,893,002 shares of the auto parts company’s stock worth $1,359,718,000 after buying an additional 16,138,486 shares during the last quarter. Harris Associates L P acquired a new position in Delphi Automotive PLC during the first quarter valued at approximately $180,826,000. OppenheimerFunds Inc. grew its holdings in Delphi Automotive PLC by 72.5% during the first quarter. OppenheimerFunds Inc. now owns 2,143,459 shares of the auto parts company’s stock valued at $172,527,000 after purchasing an additional 900,514 shares during the period. Pioneer Investment Management Inc. acquired a new position in Delphi Automotive PLC during the second quarter valued at approximately $73,985,000. Finally, Vanguard Group Inc. grew its holdings in Delphi Automotive PLC by 3.2% during the first quarter. Vanguard Group Inc. now owns 21,456,887 shares of the auto parts company’s stock valued at $1,727,065,000 after purchasing an additional 667,244 shares during the period. 90.10% of the stock is owned by institutional investors and hedge funds.
Delphi Automotive PLC (NYSE:DLPH) traded down 0.47% on Thursday, hitting $96.28. 419,617 shares of the stock traded hands. Delphi Automotive PLC has a 1-year low of $60.50 and a 1-year high of $98.27. The stock has a 50-day moving average price of $93.07 and a 200 day moving average price of $85.40. The company has a market cap of $25.69 billion, a price-to-earnings ratio of 20.38 and a beta of 1.35.
Delphi Automotive PLC (NYSE:DLPH) last announced its quarterly earnings data 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. Delphi Automotive PLC had a return on equity of 60.14% and a net margin of 7.51%. The business had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the previous year, the business posted $1.59 EPS. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, analysts anticipate that Delphi Automotive PLC will post $6.69 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 23rd. Stockholders of record on Wednesday, August 9th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.20%. The ex-dividend date was Monday, August 7th. Delphi Automotive PLC’s dividend payout ratio is presently 24.58%.
A number of research analysts recently issued reports on DLPH shares. Guggenheim started coverage on shares of Delphi Automotive PLC in a report on Wednesday, June 21st. They set a “buy” rating and a $104.00 price objective for the company. Jefferies Group LLC boosted their price objective on shares of Delphi Automotive PLC from $100.00 to $106.00 and gave the company a “buy” rating in a report on Monday, May 15th. Barclays PLC restated a “buy” rating on shares of Delphi Automotive PLC in a report on Monday, May 15th. Royal Bank Of Canada restated a “buy” rating and set a $95.00 price objective on shares of Delphi Automotive PLC in a report on Friday, July 7th. Finally, Deutsche Bank AG boosted their price objective on shares of Delphi Automotive PLC from $99.00 to $107.00 and gave the company a “buy” rating in a report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $93.78.
In other news, CFO Joseph R. Massaro sold 3,000 shares of the company’s stock in a transaction dated Friday, June 23rd. The stock was sold at an average price of $85.79, for a total transaction of $257,370.00. Following the sale, the chief financial officer now directly owns 55,779 shares in the company, valued at $4,785,280.41. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Vos Glen W. De sold 2,100 shares of the company’s 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 sale, the senior vice president now owns 22,994 shares in the company, valued at $2,100,501.90. The disclosure for this sale can be found here. Corporate insiders own 0.32% of the company’s stock.
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.
Want to see what other hedge funds are holding DLPH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades 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.