Rational Advisors LLC Trims Stake in Delphi Automotive PLC (DLPH)

Rational Advisors LLC reduced its position in Delphi Automotive PLC (NYSE:DLPH) by 31.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,800 shares of the auto parts company’s stock after selling 1,300 shares during the period. Rational Advisors LLC’s holdings in Delphi Automotive PLC were worth $276,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of DLPH. Global X Management Co. LLC increased its position in Delphi Automotive PLC by 9.7% in the 2nd quarter. Global X Management Co. LLC now owns 1,292 shares of the auto parts company’s stock valued at $113,000 after acquiring an additional 114 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Delphi Automotive PLC by 10.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,316 shares of the auto parts company’s stock valued at $115,000 after acquiring an additional 125 shares during the period. Advisory Services Network LLC increased its position in Delphi Automotive PLC by 1,248.5% in the 2nd quarter. Advisory Services Network LLC now owns 1,389 shares of the auto parts company’s stock valued at $122,000 after acquiring an additional 1,286 shares during the period. BB&T Investment Services Inc. acquired a new position in Delphi Automotive PLC in the 2nd quarter valued at about $127,000. Finally, Huntington National Bank increased its position in Delphi Automotive PLC by 4.7% in the 2nd quarter. Huntington National Bank now owns 1,642 shares of the auto parts company’s stock valued at $144,000 after acquiring an additional 74 shares during the period. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Several equities analysts recently issued reports on DLPH shares. BidaskClub cut Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Deutsche Bank AG boosted their target price on Delphi Automotive PLC from $99.00 to $107.00 and gave the stock a “buy” rating in a research report on Thursday, August 3rd. BMO Capital Markets boosted their target price on Delphi Automotive PLC from $104.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, August 4th. Piper Jaffray Companies set a $112.00 target price on Delphi Automotive PLC and gave the stock a “buy” rating in a research report on Friday, August 11th. Finally, KeyCorp reiterated a “buy” rating and set a $100.00 target price on shares of Delphi Automotive PLC in a research report on Sunday, September 17th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $104.51.

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

Shares of Delphi Automotive PLC (DLPH) traded up $0.11 during trading hours on Tuesday, hitting $102.25. The stock had a trading volume of 514,568 shares, compared to its average volume of 1,869,107. The stock has a market cap of $27,150.00, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 1.15 and a beta of 1.37. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.62 and a quick ratio of 1.22. Delphi Automotive PLC has a fifty-two week low of $60.50 and a fifty-two week high of $104.09.

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

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 8th will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Tuesday, November 7th. Delphi Automotive PLC’s payout ratio is currently 22.61%.

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About Delphi Automotive PLC

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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