Today: Today, Delphi Automotive PLC (DLPH) Lowered by Morgan Stanley to “Underweight”

Today, Delphi Automotive PLC (DLPH) Lowered by Morgan Stanley to “Underweight”

Delphi Automotive PLC (NYSE:DLPH) was downgraded by research analysts at Morgan Stanley from an “overweight” rating to an “underweight” rating in a note issued to investors on Tuesday. They currently have a $59.00 price target on the stock, down from their previous price target of $66.32. Morgan Stanley’s target price suggests a potential downside of 11.04% from the stock’s current price.

DLPH has been the subject of a number of other reports. reiterated a “buy” rating on shares of Delphi Automotive PLC in a research note on Wednesday, August 3rd. RBC Capital Markets reiterated an “outperform” rating and issued a $74.00 price target (up from $70.00) on shares of Delphi Automotive PLC in a research note on Thursday, August 4th. Barclays PLC dropped their price target on Delphi Automotive PLC from $85.00 to $83.00 and set an “overweight” rating for the company in a research note on Thursday, August 4th. Seaport Global Securities assumed coverage on Delphi Automotive PLC in a research note on Tuesday, August 9th. They issued a “buy” rating and a $77.00 price target for the company. Finally, Royal Bank Of Canada increased their price target on Delphi Automotive PLC from $70.00 to $74.00 and gave the company an “outperform” rating in a research note on Thursday, August 4th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $79.90.

Delphi Automotive PLC (NYSE:DLPH) traded down 5.23% on Tuesday, reaching $62.85. The company’s stock had a trading volume of 1,241,068 shares. The firm’s 50-day moving average price is $66.33 and its 200-day moving average price is $67.11. Delphi Automotive PLC has a 52-week low of $55.59 and a 52-week high of $88.89. The stock has a market cap of $17.02 billion, a price-to-earnings ratio of 14.83 and a beta of 1.43.

Delphi Automotive PLC (NYSE:DLPH) last issued its earnings results on Wednesday, November 2nd. The company reported $1.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.07. The firm had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $3.90 billion. Delphi Automotive PLC had a return on equity of 58.26% and a net margin of 7.20%. The company’s revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.28 EPS. On average, equities analysts expect that Delphi Automotive PLC will post $6.05 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 23rd. Stockholders of record on Wednesday, November 9th were paid a $0.29 dividend. The ex-dividend date was Monday, November 7th. This represents a $1.16 annualized dividend and a dividend yield of 1.75%. Delphi Automotive PLC’s dividend payout ratio is presently 27.49%.

Hedge funds have recently modified their holdings of the stock. BB&T Corp increased its stake in shares of Delphi Automotive PLC by 109.9% in the second quarter. BB&T Corp now owns 36,660 shares of the company’s stock valued at $2,295,000 after buying an additional 19,191 shares in the last quarter. Emerald Acquisition Ltd. purchased a new stake in shares of Delphi Automotive PLC during the second quarter valued at approximately $151,586,000. 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 valued at $39,409,000 after buying an additional 537,033 shares in the last quarter. Strs Ohio increased its stake in shares of Delphi Automotive PLC by 5.8% in the second quarter. Strs Ohio now owns 971,252 shares of the company’s stock valued at $60,800,000 after buying an additional 53,559 shares in the last quarter. Finally, Handelsbanken Fonder AB purchased a new stake in shares of Delphi Automotive PLC during the second quarter valued at approximately $25,353,000. Institutional investors own 93.69% of the company’s stock.

About Delphi Automotive PLC

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Today: Today, Delphi Automotive PLC (DLPH) Lowered by Morgan Stanley to “Underweight”

Today, Delphi Automotive PLC (DLPH) Lowered by Morgan Stanley to “Underweight”

Delphi Automotive PLC (NYSE:DLPH) was downgraded by research analysts at Morgan Stanley from an “overweight” rating to an “underweight” rating in a note issued to investors on Tuesday. They currently have a $59.00 price target on the stock, down from their previous price target of $66.32. Morgan Stanley’s target price suggests a potential downside of 11.04% from the stock’s current price.

DLPH has been the subject of a number of other reports. reiterated a “buy” rating on shares of Delphi Automotive PLC in a research note on Wednesday, August 3rd. RBC Capital Markets reiterated an “outperform” rating and issued a $74.00 price target (up from $70.00) on shares of Delphi Automotive PLC in a research note on Thursday, August 4th. Barclays PLC dropped their price target on Delphi Automotive PLC from $85.00 to $83.00 and set an “overweight” rating for the company in a research note on Thursday, August 4th. Seaport Global Securities assumed coverage on Delphi Automotive PLC in a research note on Tuesday, August 9th. They issued a “buy” rating and a $77.00 price target for the company. Finally, Royal Bank Of Canada increased their price target on Delphi Automotive PLC from $70.00 to $74.00 and gave the company an “outperform” rating in a research note on Thursday, August 4th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $79.90.

Delphi Automotive PLC (NYSE:DLPH) traded down 5.23% on Tuesday, reaching $62.85. The company’s stock had a trading volume of 1,241,068 shares. The firm’s 50-day moving average price is $66.33 and its 200-day moving average price is $67.11. Delphi Automotive PLC has a 52-week low of $55.59 and a 52-week high of $88.89. The stock has a market cap of $17.02 billion, a price-to-earnings ratio of 14.83 and a beta of 1.43.

Delphi Automotive PLC (NYSE:DLPH) last issued its earnings results on Wednesday, November 2nd. The company reported $1.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.07. The firm had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $3.90 billion. Delphi Automotive PLC had a return on equity of 58.26% and a net margin of 7.20%. The company’s revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.28 EPS. On average, equities analysts expect that Delphi Automotive PLC will post $6.05 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 23rd. Stockholders of record on Wednesday, November 9th were paid a $0.29 dividend. The ex-dividend date was Monday, November 7th. This represents a $1.16 annualized dividend and a dividend yield of 1.75%. Delphi Automotive PLC’s dividend payout ratio is presently 27.49%.

Hedge funds have recently modified their holdings of the stock. BB&T Corp increased its stake in shares of Delphi Automotive PLC by 109.9% in the second quarter. BB&T Corp now owns 36,660 shares of the company’s stock valued at $2,295,000 after buying an additional 19,191 shares in the last quarter. Emerald Acquisition Ltd. purchased a new stake in shares of Delphi Automotive PLC during the second quarter valued at approximately $151,586,000. 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 valued at $39,409,000 after buying an additional 537,033 shares in the last quarter. Strs Ohio increased its stake in shares of Delphi Automotive PLC by 5.8% in the second quarter. Strs Ohio now owns 971,252 shares of the company’s stock valued at $60,800,000 after buying an additional 53,559 shares in the last quarter. Finally, Handelsbanken Fonder AB purchased a new stake in shares of Delphi Automotive PLC during the second quarter valued at approximately $25,353,000. Institutional investors own 93.69% of the company’s stock.

About Delphi Automotive PLC

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