Paloma Partners Management Co Buys 2,878 Shares of Delphi Automotive PLC (NYSE:DLPH)

Paloma Partners Management Co increased its position in shares of Delphi Automotive PLC (NYSE:DLPH) by 39.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 10,144 shares of the auto parts company’s stock after buying an additional 2,878 shares during the period. Paloma Partners Management Co’s holdings in Delphi Automotive PLC were worth $816,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Sii Investments Inc. WI boosted its stake in shares of Delphi Automotive PLC by 0.5% in the first quarter. Sii Investments Inc. WI now owns 3,865 shares of the auto parts company’s stock worth $308,000 after buying an additional 18 shares in the last quarter. Cleararc Capital Inc. boosted its stake in shares of Delphi Automotive PLC by 0.3% in the first quarter. Cleararc Capital Inc. now owns 6,595 shares of the auto parts company’s stock worth $531,000 after buying an additional 19 shares in the last quarter. BTC Capital Management Inc. boosted its stake in shares of Delphi Automotive PLC by 0.6% in the first quarter. BTC Capital Management Inc. now owns 3,754 shares of the auto parts company’s stock worth $301,000 after buying an additional 22 shares in the last quarter. Assetmark Inc. boosted its stake in shares of Delphi Automotive PLC by 3.1% in the first quarter. Assetmark Inc. now owns 1,520 shares of the auto parts company’s stock worth $122,000 after buying an additional 46 shares in the last quarter. Finally, Loomis Sayles & Co. L P boosted its stake in shares of Delphi Automotive PLC by 1.4% in the first quarter. Loomis Sayles & Co. L P now owns 5,207 shares of the auto parts company’s stock worth $419,000 after buying an additional 70 shares in the last quarter. Institutional investors own 93.52% of the company’s stock.

Delphi Automotive PLC (NYSE DLPH) opened at 91.77 on Wednesday. The firm’s 50-day moving average price is $86.60 and its 200 day moving average price is $78.12. The stock has a market cap of $24.58 billion, a PE ratio of 21.38 and a beta of 1.38. Delphi Automotive PLC has a 1-year low of $60.50 and a 1-year high of $92.46.

Delphi Automotive PLC (NYSE:DLPH) last posted its quarterly earnings data on Wednesday, May 3rd. The auto parts company reported $1.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.13. The business had revenue of $4.29 billion during the quarter, compared to the consensus estimate of $4.12 billion. Delphi Automotive PLC had a return on equity of 62.09% and a net margin of 6.90%. Delphi Automotive PLC’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the company earned $1.36 earnings per share. Equities research analysts expect that Delphi Automotive PLC will post $6.62 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This article was first published by BBNS and is the property of of BBNS. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US and international trademark and copyright legislation. The original version of this article can be viewed at https://baseballnewssource.com/markets/paloma-partners-management-co-buys-2878-shares-of-delphi-automotive-plc-nysedlph/1179912.html.

A number of brokerages recently weighed in on DLPH. Royal Bank Of Canada restated a “buy” rating and set a $95.00 price objective on shares of Delphi Automotive PLC in a research note on Friday, July 7th. BidaskClub upgraded shares of Delphi Automotive PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Wells Fargo & Company restated an “outperform” rating and set a $95.00 price objective on shares of Delphi Automotive PLC in a research note on Thursday, July 6th. Morgan Stanley cut their price objective on shares of Delphi Automotive PLC from $80.00 to $78.00 and set an “underweight” rating on the stock in a research note on Friday, June 9th. Finally, Jefferies Group LLC lifted their price objective on shares of Delphi Automotive PLC from $100.00 to $106.00 and gave the company a “buy” rating in a research note on Friday, May 5th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $90.88.

In related news, 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 transaction of $170,362.09. Following the completion of the transaction, the director now directly owns 11,767 shares of the company’s stock, valued at $1,028,553.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David M. Sherbin sold 15,500 shares of the stock in a transaction that occurred on Wednesday, May 17th. The shares were 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 directly owns 70,766 shares of the company’s stock, valued at $6,130,458.58. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,449 shares of company stock valued at $1,770,497. 0.32% of the stock is owned by corporate insiders.

Delphi Automotive PLC Company Profile

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.

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

Receive News & Ratings for Delphi Automotive PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delphi Automotive PLC and related companies with our FREE daily email newsletter.

 


Latest News

Veteran Pitcher Bartolo Colon Considering Retirement
Veteran Pitcher Bartolo Colon Considering Retirement
Todd Frazier Traded to Yankees for Blake Rutherford and Others
Todd Frazier Traded to Yankees for Blake Rutherford and Others
Tigers Would Include Cash in Verlander Deal and Other MLB Trade Rumors
Tigers Would Include Cash in Verlander Deal and Other MLB Trade Rumors
Todd Frazier Trade to Boston Appears to Be Decided
Todd Frazier Trade to Boston Appears to Be Decided
Chicago White Sox Continue Rebuild Without Jose Quintana
Chicago White Sox Continue Rebuild Without Jose Quintana
Mike Trout Returns from Injury With Single and Stole Base
Mike Trout Returns from Injury With Single and Stole Base


Leave a Reply

 
© 2006-2017 BBNS.