The Delphi Automotive PLC (DLPH) Receives Overweight Rating from the KeyCorp

The Delphi Automotive PLC (DLPH) Receives Overweight Rating from the KeyCorp

KeyCorp reiterated their overweight rating on shares of Delphi Automotive PLC (NYSE:DLPH) in a research report released on Wednesday morning. The brokerage currently has a $85.00 target price on the stock.

DLPH has been the topic of a number of other reports. Robert W. Baird reiterated an overweight rating and issued a $95.00 price target on shares of Delphi Automotive PLC in a report on Monday, September 19th. Zacks Investment Research downgraded shares of Delphi Automotive PLC from a hold rating to a sell rating in a report on Tuesday, October 4th. Vetr upgraded shares of Delphi Automotive PLC from a hold rating to a strong-buy rating and set a $81.67 price target on the stock in a report on Tuesday, August 30th. Morgan Stanley downgraded shares of Delphi Automotive PLC from an equal weight rating to an underweight rating and reduced their price target for the company from $74.00 to $59.00 in a report on Tuesday, November 29th. Finally, Goldman Sachs Group Inc. reiterated a buy rating and issued a $77.00 price target (down from $81.00) on shares of Delphi Automotive PLC in a report on Saturday, October 8th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and sixteen have issued a buy rating to the company’s stock. Delphi Automotive PLC presently has an average rating of Buy and a consensus target price of $79.99.

Delphi Automotive PLC (NYSE:DLPH) opened at 67.31 on Wednesday. The stock’s 50 day moving average is $67.34 and its 200 day moving average is $67.11. Delphi Automotive PLC has a 52 week low of $55.59 and a 52 week high of $86.70. The company has a market capitalization of $18.23 billion, a P/E ratio of 15.89 and a beta of 1.40.

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

In other Delphi Automotive PLC news, SVP Jugal K. Vijayvargiya sold 10,000 shares of the business’s stock in a transaction dated Tuesday, December 6th. The shares were sold at an average price of $65.00, for a total value of $650,000.00. Following the completion of the sale, the senior vice president now directly owns 123,389 shares of the company’s stock, valued at approximately $8,020,285. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Gary L. Cowger sold 14,500 shares of the business’s stock in a transaction dated Wednesday, December 21st. The shares were sold at an average price of $69.06, for a total transaction of $1,001,370.00. Following the completion of the sale, the director now directly owns 35,203 shares of the company’s stock, valued at $2,431,119.18. The disclosure for this sale can be found here. 0.36% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in DLPH. SevenBridge Financial Group LLC boosted its stake in Delphi Automotive PLC by 124.7% in the third quarter. SevenBridge Financial Group LLC now owns 1,795 shares of the company’s stock valued at $118,000 after buying an additional 996 shares during the period. D.A. Davidson & CO. boosted its stake in Delphi Automotive PLC by 6.3% in the third quarter. D.A. Davidson & CO. now owns 14,058 shares of the company’s stock valued at $1,000,000 after buying an additional 833 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Delphi Automotive PLC by 25.9% in the third quarter. Price T Rowe Associates Inc. MD now owns 11,215,563 shares of the company’s stock valued at $799,894,000 after buying an additional 2,308,682 shares during the period. LPL Financial LLC boosted its stake in Delphi Automotive PLC by 1.0% in the third quarter. LPL Financial LLC now owns 14,646 shares of the company’s stock valued at $1,036,000 after buying an additional 151 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its stake in Delphi Automotive PLC by 24.3% in the third quarter. Ameritas Investment Partners Inc. now owns 6,522 shares of the company’s stock valued at $465,000 after buying an additional 1,276 shares during the period. 93.49% of the stock is owned by institutional investors.

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.

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