Delphi Technologies (NYSE:DLPH) had its price objective boosted by Deutsche Bank from $56.00 to $59.00 in a research note issued to investors on Thursday morning. Deutsche Bank currently has a hold rating on the stock.
Separately, Buckingham Research assumed coverage on shares of Delphi Technologies in a research report on Thursday, February 8th. They issued a neutral rating and a $58.00 target price on the stock.
Shares of Delphi Technologies (DLPH) opened at $50.20 on Thursday. Delphi Technologies has a 12-month low of $38.00 and a 12-month high of $60.39.
The business also recently announced an annual dividend, which was paid on Wednesday, February 14th. Investors of record on Tuesday, February 6th were given a $0.17 dividend. The ex-dividend date of this dividend was Monday, February 5th.
In other Delphi Technologies news, Director Frank J. Dellaquila purchased 500 shares of Delphi Technologies stock in a transaction on Friday, February 9th. The shares were purchased at an average cost of $86.50 per share, with a total value of $43,250.00. Following the completion of the transaction, the director now directly owns 2,247 shares in the company, valued at approximately $194,365.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Paja sold 6,287 shares of Delphi Technologies stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $92.08, for a total transaction of $578,906.96. The disclosure for this sale can be found here. 0.31% of the stock is currently owned by company insiders.
Hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC lifted its position in Delphi Technologies by 1,248.5% during the second quarter. Advisory Services Network LLC now owns 1,389 shares of the company’s stock valued at $122,000 after buying an additional 1,286 shares in the last quarter. Highstreet Asset Management Inc. acquired a new position in Delphi Technologies during the third quarter valued at approximately $192,000. Global X MANAGEMENT CO LLC lifted its position in Delphi Technologies by 56.2% during the third quarter. Global X MANAGEMENT CO LLC now owns 2,018 shares of the company’s stock valued at $199,000 after buying an additional 726 shares in the last quarter. Kendall Capital Management acquired a new position in Delphi Technologies during the fourth quarter valued at approximately $203,000. Finally, Brown Advisory Inc. acquired a new position in Delphi Technologies during the third quarter valued at approximately $212,000. 46.27% of the stock is currently owned by hedge funds and other institutional investors.
Delphi Technologies Company Profile
Delphi Technologies PLC is a develops, designs and manufactures powertrain technologies for original equipment manufacturers (OEMs). The Company’s segments is Products & Service Solutions (PSS). PSS segment sells aftermarket products to independent aftermarket and original equipment service customers.
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