Advisor Partners LLC Increases Position in Delphi Automotive PLC (DLPH)

Advisor Partners LLC raised its position in shares of Delphi Automotive PLC (NYSE:DLPH) by 24.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,921 shares of the auto parts company’s stock after buying an additional 761 shares during the period. Advisor Partners LLC’s holdings in Delphi Automotive PLC were worth $344,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in DLPH. Fox Run Management L.L.C. purchased a new stake in shares of Delphi Automotive PLC during the first quarter worth approximately $209,000. Goldman Sachs Group Inc. raised its stake in shares of Delphi Automotive PLC by 45.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,750,370 shares of the auto parts company’s stock worth $140,888,000 after buying an additional 545,896 shares during the last quarter. Amica Retiree Medical Trust raised its stake in shares of Delphi Automotive PLC by 58.7% in the first quarter. Amica Retiree Medical Trust now owns 2,880 shares of the auto parts company’s stock worth $232,000 after buying an additional 1,065 shares during the last quarter. AXA raised its stake in shares of Delphi Automotive PLC by 21.7% in the first quarter. AXA now owns 621,706 shares of the auto parts company’s stock worth $50,041,000 after buying an additional 111,016 shares during the last quarter. Finally, Advantus Capital Management Inc raised its stake in shares of Delphi Automotive PLC by 1.0% in the first quarter. Advantus Capital Management Inc now owns 27,059 shares of the auto parts company’s stock worth $2,178,000 after buying an additional 268 shares during the last quarter. Institutional investors own 92.12% of the company’s stock.

Delphi Automotive PLC (NYSE DLPH) opened at 91.15 on Friday. The stock’s 50 day moving average price is $90.22 and its 200 day moving average price is $82.51. Delphi Automotive PLC has a 12-month low of $60.50 and a 12-month high of $94.63. The company has a market cap of $24.32 billion, a PE ratio of 19.29 and a beta of 1.37.

Delphi Automotive PLC (NYSE:DLPH) last announced its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 EPS for the quarter, beating the 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 company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the prior year, the company earned $1.59 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. Equities research analysts anticipate that Delphi Automotive PLC will post $6.69 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th will be given a dividend of $0.29 per share. The ex-dividend date is Monday, August 7th. This represents a $1.16 annualized dividend and a dividend yield of 1.27%. Delphi Automotive PLC’s payout ratio is 24.58%.

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DLPH has been the subject of a number of research reports. Jefferies Group LLC lifted their price objective on Delphi Automotive PLC from $100.00 to $106.00 and gave the stock a “buy” rating in a research report on Monday, May 15th. Barclays PLC reiterated a “buy” rating on shares of Delphi Automotive PLC in a research report on Monday, May 15th. Zacks Investment Research upgraded Delphi Automotive PLC from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a research report on Friday, April 21st. Guggenheim initiated coverage on Delphi Automotive PLC in a research report on Wednesday, June 21st. They issued a “buy” rating and a $104.00 price objective for the company. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $95.00 price objective on shares of Delphi Automotive PLC in a research report on Friday, July 7th. Three analysts have rated the stock with a sell rating, three have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $92.82.

In other Delphi Automotive PLC news, SVP David M. Sherbin sold 15,500 shares of the stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $86.63, for a total value of $1,342,765.00. Following the transaction, the senior vice president now owns 70,766 shares in the company, valued at $6,130,458.58. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Sean O. Mahoney sold 1,949 shares of the stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $87.41, for a total value of $170,362.09. Following the completion of the transaction, the director now owns 11,767 shares in the company, valued at approximately $1,028,553.47. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,449 shares of company stock worth $1,770,497. 0.32% of the stock is owned by corporate insiders.

About Delphi Automotive PLC

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.

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Institutional Ownership by Quarter for Delphi Automotive PLC (NYSE:DLPH)

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