Trade Report: The Rock Point Advisors LLC Acquires Shares of 35,110 Delphi Automotive PLC (DLPH)

The Rock Point Advisors LLC Acquires Shares of 35,110 Delphi Automotive PLC (DLPH)

Rock Point Advisors LLC bought a new stake in Delphi Automotive PLC (NYSE:DLPH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 35,110 shares of the company’s stock, valued at approximately $2,198,000.

Several other large investors have also made changes to their positions in DLPH. PGGM Investments increased its stake in shares of Delphi Automotive PLC by 580.6% in the second quarter. PGGM Investments now owns 629,529 shares of the company’s stock worth $39,409,000 after buying an additional 537,033 shares during the last quarter. Strs Ohio increased its stake in Delphi Automotive PLC by 5.8% in the second quarter. Strs Ohio now owns 971,252 shares of the company’s stock worth $60,800,000 after buying an additional 53,559 shares during the last quarter. Handelsbanken Fonder AB bought a new stake in Delphi Automotive PLC during the second quarter worth about $25,353,000. Douglas Lane & Associates LLC increased its stake in Delphi Automotive PLC by 3.9% in the second quarter. Douglas Lane & Associates LLC now owns 834,693 shares of the company’s stock worth $52,252,000 after buying an additional 31,716 shares during the last quarter. Finally, Capital Fund Management S.A. increased its stake in Delphi Automotive PLC by 90.6% in the second quarter. Capital Fund Management S.A. now owns 402,270 shares of the company’s stock worth $25,182,000 after buying an additional 191,199 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Shares of Delphi Automotive PLC (NYSE:DLPH) traded up 0.65% during trading on Monday, hitting $66.42. 2,886,760 shares of the company’s stock were exchanged. Delphi Automotive PLC has a 1-year low of $55.59 and a 1-year high of $88.89. The firm has a market capitalization of $18.12 billion, a PE ratio of 14.49 and a beta of 1.39. The stock’s 50 day moving average is $69.56 and its 200 day moving average is $68.71.

Delphi Automotive PLC (NYSE:DLPH) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.04. The company earned $4.21 billion during the quarter, compared to analyst estimates of $4.22 billion. Delphi Automotive PLC had a net margin of 8.11% and a return on equity of 57.43%. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.34 EPS. On average, equities research analysts forecast that Delphi Automotive PLC will post $5.99 earnings per share for the current year.

A number of equities research analysts have recently issued reports on the stock. Goldman Sachs Group Inc. reiterated a “buy” rating and set a $77.00 price target (down from $81.00) on shares of Delphi Automotive PLC in a research report on Saturday, October 8th. Zacks Investment Research downgraded shares of Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, October 4th. Robert W. Baird reiterated an “overweight” rating and set a $95.00 price target on shares of Delphi Automotive PLC in a research report on Monday, September 19th. Vetr upgraded shares of Delphi Automotive PLC from a “hold” rating to a “strong-buy” rating and set a $81.67 price target for the company in a research report on Tuesday, August 30th. Finally, Seaport Global Securities assumed coverage on shares of Delphi Automotive PLC in a research report on Tuesday, August 9th. They set a “buy” rating and a $77.00 price target for the company. One research analyst has rated the stock with a sell rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $84.54.

Delphi Automotive PLC Company Profile

Delphi Automotive PLC is a vehicle components manufacturer. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It serves automotive and commercial vehicle markets. Its Electrical/Electronic Architecture segment includes electrical architecture and component products.

Related posts

Leave a Comment