Shares of Delphi Technologies PLC (NYSE:DLPH) traded down 5.6% during trading on Wednesday . The stock traded as low as $17.50 and last traded at $17.84. 1,665,815 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 1,347,444 shares. The stock had previously closed at $18.90.

Several analysts recently commented on the stock. Zacks Investment Research cut shares of Delphi Technologies from a “hold” rating to a “sell” rating in a research note on Monday, April 29th. Buckingham Research upgraded shares of Delphi Technologies from a “neutral” rating to a “buy” rating and raised their price objective for the company from $20.00 to $30.00 in a research note on Friday, February 22nd. Morgan Stanley set a $19.00 price objective on shares of Delphi Technologies and gave the company a “hold” rating in a research note on Tuesday, January 29th. KeyCorp upgraded shares of Delphi Technologies from an “underweight” rating to a “sector weight” rating and set a $19.02 price objective for the company in a research note on Monday, March 18th. Finally, Seaport Global Securities assumed coverage on shares of Delphi Technologies in a research note on Wednesday, February 13th. They issued a “neutral” rating for the company. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $30.57.

The company has a debt-to-equity ratio of 2.98, a quick ratio of 0.99 and a current ratio of 1.40. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 3.89, a PEG ratio of 0.66 and a beta of 2.31.

Delphi Technologies (NYSE:DLPH) last posted its earnings results on Thursday, May 2nd. The company reported $0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.14. Delphi Technologies had a net margin of 5.86% and a return on equity of 81.93%. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the firm posted $1.30 EPS. The firm’s revenue for the quarter was down 11.2% on a year-over-year basis. As a group, analysts forecast that Delphi Technologies PLC will post 3.17 EPS for the current year.

In other Delphi Technologies news, SVP David M. Sherbin sold 19,689 shares of the firm’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $86.79, for a total transaction of $1,708,808.31. Following the completion of the transaction, the senior vice president now directly owns 90,540 shares in the company, valued at approximately $7,857,966.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.21% of the company’s stock.

Large investors have recently bought and sold shares of the business. Gamco Investors INC. ET AL increased its holdings in Delphi Technologies by 8.0% during the 1st quarter. Gamco Investors INC. ET AL now owns 31,357 shares of the company’s stock valued at $604,000 after acquiring an additional 2,325 shares in the last quarter. Commonwealth Bank of Australia grew its holdings in shares of Delphi Technologies by 142.7% during the fourth quarter. Commonwealth Bank of Australia now owns 28,636 shares of the company’s stock worth $409,000 after buying an additional 16,835 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Delphi Technologies by 63.8% during the fourth quarter. Rhumbline Advisers now owns 136,237 shares of the company’s stock worth $1,951,000 after buying an additional 53,050 shares in the last quarter. Ecofin Ltd. grew its holdings in shares of Delphi Technologies by 76.9% during the fourth quarter. Ecofin Ltd. now owns 186,312 shares of the company’s stock worth $2,668,000 after buying an additional 80,971 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Delphi Technologies by 77.2% during the fourth quarter. Bank of New York Mellon Corp now owns 4,475,749 shares of the company’s stock worth $64,094,000 after buying an additional 1,949,342 shares in the last quarter. Hedge funds and other institutional investors own 78.93% of the company’s stock.

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About Delphi Technologies (NYSE:DLPH)

Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. The company operates through two segments, Powertrain Systems and Delphi Technologies Aftermarket. The Powertrain Systems segment provides fuel injection systems, as well as other powertrain products comprising valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators; and electronic control modules with the corresponding software, algorithms, and calibration that provide centralized management of various powertrain components.

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