Parametrica Management Ltd Invests $394,000 in Delphi Automotive PLC (DLPH)

Parametrica Management Ltd acquired a new position in shares of Delphi Automotive PLC (NYSE:DLPH) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,005 shares of the auto parts company’s stock, valued at approximately $394,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global X Management Co. LLC grew its stake in shares of Delphi Automotive PLC by 9.7% during the second quarter. Global X Management Co. LLC now owns 1,292 shares of the auto parts company’s stock valued at $113,000 after purchasing an additional 114 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Delphi Automotive PLC by 10.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,316 shares of the auto parts company’s stock valued at $115,000 after purchasing an additional 125 shares during the last quarter. Advisory Services Network LLC grew its stake in shares of Delphi Automotive PLC by 1,248.5% during the second quarter. Advisory Services Network LLC now owns 1,389 shares of the auto parts company’s stock valued at $122,000 after purchasing an additional 1,286 shares during the last quarter. BB&T Investment Services Inc. bought a new stake in shares of Delphi Automotive PLC during the second quarter valued at approximately $127,000. Finally, Huntington National Bank grew its stake in shares of Delphi Automotive PLC by 4.7% during the second quarter. Huntington National Bank now owns 1,642 shares of the auto parts company’s stock valued at $144,000 after purchasing an additional 74 shares during the last quarter. 90.01% of the stock is owned by institutional investors.

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 (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.56 by $0.10. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The firm had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.10 billion. During the same period in the prior year, the company posted $1.50 EPS. The company’s revenue was up 5.9% on a year-over-year basis.

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 $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Tuesday, November 7th. Delphi Automotive PLC’s dividend payout ratio (DPR) is currently 24.58%.

In other news, Director Thomas W. Sidlik sold 8,475 shares of the company’s stock in a transaction on Monday, September 25th. The shares were sold at an average price of $103.19, for a total value of $874,535.25. Following the sale, the director now directly owns 10,564 shares of the company’s stock, valued at approximately $1,090,099.16. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Gary L. Cowger sold 8,500 shares of the company’s stock in a transaction 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 completion of the sale, 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. Over the last ninety days, insiders sold 19,075 shares of company stock worth $1,903,025. Insiders own 0.31% of the company’s stock.

Several analysts have recently commented on the stock. Piper Jaffray Companies set a $112.00 price target on shares of Delphi Automotive PLC and gave the company a “buy” rating in a research note on Friday, August 11th. Royal Bank Of Canada reissued a “buy” rating and set a $95.00 price target on shares of Delphi Automotive PLC in a research note on Friday, July 7th. Robert W. Baird reissued an “outperform” rating and set a $128.00 price target (up from $110.00) on shares of Delphi Automotive PLC in a research note on Thursday, September 28th. They noted that the move was a valuation call. Deutsche Bank AG increased their price target on shares of Delphi Automotive PLC from $99.00 to $107.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. Finally, Jefferies Group LLC reissued a “buy” rating and set a $118.00 price target on shares of Delphi Automotive PLC in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $103.82.

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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.

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

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