Delphi Automotive PLC (DLPH) Position Increased by Retirement Systems of Alabama

Retirement Systems of Alabama lifted its stake in Delphi Automotive PLC (NYSE:DLPH) by 123.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 290,461 shares of the auto parts company’s stock after purchasing an additional 160,572 shares during the period. Retirement Systems of Alabama owned approximately 0.11% of Delphi Automotive PLC worth $28,581,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Zweig DiMenna Associates LLC purchased a new position in Delphi Automotive PLC during the 3rd quarter valued at about $462,000. HM Payson & Co. purchased a new position in Delphi Automotive PLC during the 3rd quarter valued at about $27,896,000. Sei Investments Co. increased its holdings in Delphi Automotive PLC by 69.0% during the 3rd quarter. Sei Investments Co. now owns 619,555 shares of the auto parts company’s stock valued at $60,965,000 after acquiring an additional 252,901 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in Delphi Automotive PLC by 26.2% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 228,789 shares of the auto parts company’s stock valued at $22,513,000 after acquiring an additional 47,533 shares in the last quarter. Finally, FDx Advisors Inc. increased its holdings in Delphi Automotive PLC by 6.8% during the 3rd quarter. FDx Advisors Inc. now owns 23,411 shares of the auto parts company’s stock valued at $2,304,000 after acquiring an additional 1,485 shares in the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Delphi Automotive PLC (DLPH) opened at $95.57 on Tuesday. The firm has a market cap of $25,331.88, a P/E ratio of 14.03, a price-to-earnings-growth ratio of 1.11 and a beta of 1.37. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.22 and a current ratio of 1.62. Delphi Automotive PLC has a 12-month low of $60.50 and a 12-month high of $104.09.

Delphi Automotive PLC (NYSE:DLPH) last announced its quarterly earnings results on Thursday, November 2nd. The auto parts company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.10. The firm had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.10 billion. Delphi Automotive PLC had a net margin of 8.00% and a return on equity of 57.92%. Delphi Automotive PLC’s revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.50 earnings per share. equities research analysts predict that Delphi Automotive PLC will post 6.77 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 8th will be given a dividend of $0.29 per share. The ex-dividend date is Tuesday, November 7th. This represents a $1.16 dividend on an annualized basis and a yield of 1.21%. Delphi Automotive PLC’s dividend payout ratio (DPR) is 22.61%.

A number of equities research analysts have recently commented on DLPH shares. Bank of America Corporation lifted their price target on shares of Delphi Automotive PLC from $95.00 to $110.00 and gave the stock a “neutral” rating in a report on Tuesday, September 26th. Cowen and Company started coverage on shares of Delphi Automotive PLC in a report on Monday, September 25th. They set an “outperform” rating and a $120.00 price target for the company. Piper Jaffray Companies reiterated an “overweight” rating and set a $112.00 price target on shares of Delphi Automotive PLC in a report on Monday, September 25th. BidaskClub upgraded shares of Delphi Automotive PLC from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Finally, KeyCorp reiterated a “buy” rating and set a $100.00 price target on shares of Delphi Automotive PLC in a report on Sunday, September 17th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Delphi Automotive PLC currently has a consensus rating of “Buy” and a consensus price target of $103.98.

In other Delphi Automotive PLC news, Director Thomas W. Sidlik sold 8,475 shares of Delphi Automotive PLC stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $103.19, for a total transaction of $874,535.25. Following the transaction, the director now directly owns 10,564 shares of the company’s stock, valued at $1,090,099.16. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Gary L. Cowger sold 8,500 shares of Delphi Automotive PLC stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $98.43, for a total transaction of $836,655.00. Following the transaction, the director now directly owns 29,960 shares in the company, valued at $2,948,962.80. The disclosure for this sale can be found here. Insiders own 0.31% of the company’s stock.

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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)

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