Buckingham Research began coverage on shares of Delphi Technologies (NYSE:DLPH) in a research report sent to investors on Thursday, MarketBeat reports. The brokerage issued a neutral rating and a $58.00 target price on the stock.
Shares of Delphi Technologies (NYSE:DLPH) opened at $52.17 on Thursday. Delphi Technologies has a 52-week low of $38.00 and a 52-week high of $60.39.
The business also recently announced an annual dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Tuesday, February 6th will be given a $0.17 dividend. The ex-dividend date is Monday, February 5th.
A number of hedge funds and other institutional investors have recently modified their holdings of DLPH. Advisory Services Network LLC increased its position in Delphi Technologies by 1,248.5% in the second quarter. Advisory Services Network LLC now owns 1,389 shares of the company’s stock worth $122,000 after buying an additional 1,286 shares during the period. BB&T Investment Services Inc. acquired a new stake in Delphi Technologies in the second quarter worth $127,000. Highstreet Asset Management Inc. acquired a new stake in Delphi Technologies in the third quarter worth $192,000. Global X MANAGEMENT CO LLC increased its position in Delphi Technologies by 56.2% in the third quarter. Global X MANAGEMENT CO LLC now owns 2,018 shares of the company’s stock worth $199,000 after buying an additional 726 shares during the period. Finally, Brown Advisory Inc. acquired a new stake in Delphi Technologies in the third quarter worth $212,000. 3.69% of the stock is currently owned by hedge funds and other institutional investors.
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About Delphi Technologies
Delphi Technologies PLC is a develops, designs and manufactures powertrain technologies for original equipment manufacturers (OEMs). The Company’s segments is Products & Service Solutions (PSS). PSS segment sells aftermarket products to independent aftermarket and original equipment service customers.
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