Delphi Automotive PLC (DLPH) Downgraded to “Hold” at BidaskClub

BidaskClub downgraded shares of Delphi Automotive PLC (NYSE:DLPH) from a buy rating to a hold rating in a research note released on Wednesday.

A number of other research firms also recently weighed in on DLPH. Bank of America Corporation increased their target price on shares of Delphi Automotive PLC from $95.00 to $110.00 and gave the company a neutral rating in a research report on Tuesday, September 26th. Cowen and Company began coverage on shares of Delphi Automotive PLC in a research report on Monday, September 25th. They set an outperform rating and a $120.00 target price for the company. Piper Jaffray Companies reissued an overweight rating and set a $112.00 target price on shares of Delphi Automotive PLC in a research report on Monday, September 25th. KeyCorp reissued a buy rating and set a $100.00 target price on shares of Delphi Automotive PLC in a research report on Sunday, September 17th. Finally, UBS AG downgraded shares of Delphi Automotive PLC from a buy rating to a neutral rating and set a $102.00 target price for the company. in a research report on Tuesday. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Delphi Automotive PLC has a consensus rating of Buy and a consensus target price of $102.51.

Shares of Delphi Automotive PLC (NYSE DLPH) traded down 1.244% on Wednesday, reaching $98.015. 1,080,463 shares of the company were exchanged. The company has a market cap of $26.15 billion, a price-to-earnings ratio of 20.744 and a beta of 1.36. The company’s 50-day moving average price is $98.56 and its 200 day moving average price is $89.26. 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 released its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.06. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.20 billion. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.59 EPS. On average, equities research analysts expect that Delphi Automotive PLC will post $6.69 EPS for the current year.

TRADEMARK VIOLATION WARNING: This story was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/12/delphi-automotive-plc-dlph-downgraded-to-hold-at-bidaskclub.html.

In related news, Director Thomas W. Sidlik sold 8,475 shares of Delphi Automotive PLC 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 completion of 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 legal filing with the SEC, which is accessible through the SEC website. Also, SVP Vos Glen W. De sold 2,100 shares of Delphi Automotive PLC stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $91.35, for a total transaction of $191,835.00. Following the completion of the sale, the senior vice president now directly owns 22,994 shares of the company’s stock, valued at approximately $2,100,501.90. The disclosure for this sale can be found here. In the last three months, insiders sold 19,075 shares of company stock valued at $1,903,025. 0.32% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Fulton Bank N.A. acquired a new stake in Delphi Automotive PLC in the 3rd quarter valued at $489,000. Eqis Capital Management Inc. grew its position in Delphi Automotive PLC by 3.5% in the 3rd quarter. Eqis Capital Management Inc. now owns 14,956 shares of the auto parts company’s stock valued at $1,472,000 after purchasing an additional 506 shares during the period. Achmea Investment Management B.V. grew its position in Delphi Automotive PLC by 80.7% in the 2nd quarter. Achmea Investment Management B.V. now owns 19,423 shares of the auto parts company’s stock valued at $1,700,000 after purchasing an additional 8,672 shares during the period. RNC Capital Management LLC grew its position in Delphi Automotive PLC by 3.2% in the 2nd quarter. RNC Capital Management LLC now owns 2,863 shares of the auto parts company’s stock valued at $251,000 after purchasing an additional 89 shares during the period. Finally, Sentry Investment Management LLC grew its position in Delphi Automotive PLC by 1.5% in the 2nd quarter. Se

A number of other research firms also recently weighed in on DLPH. Bank of America Corporation increased their target price on shares of Delphi Automotive PLC from $95.00 to $110.00 and gave the company a neutral rating in a research report on Tuesday, September 26th. Cowen and Company began coverage on shares of Delphi Automotive PLC in a research report on Monday, September 25th. They set an outperform rating and a $120.00 target price for the company. Piper Jaffray Companies reissued an overweight rating and set a $112.00 target price on shares of Delphi Automotive PLC in a research report on Monday, September 25th. KeyCorp reissued a buy rating and set a $100.00 target price on shares of Delphi Automotive PLC in a research report on Sunday, September 17th. Finally, UBS AG downgraded shares of Delphi Automotive PLC from a buy rating to a neutral rating and set a $102.00 target price for the company. in a research report on Tuesday. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Delphi Automotive PLC has a consensus rating of Buy and a consensus target price of $102.51.

Shares of Delphi Automotive PLC (NYSE DLPH) traded down 1.244% on Wednesday, reaching $98.015. 1,080,463 shares of the company were exchanged. The company has a market cap of $26.15 billion, a price-to-earnings ratio of 20.744 and a beta of 1.36. The company’s 50-day moving average price is $98.56 and its 200 day moving average price is $89.26. 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 released its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.06. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.20 billion. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.59 EPS. On average, equities research analysts expect that Delphi Automotive PLC will post $6.69 EPS for the current year.

TRADEMARK VIOLATION WARNING: This story was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/12/delphi-automotive-plc-dlph-downgraded-to-hold-at-bidaskclub.html.

In related news, Director Thomas W. Sidlik sold 8,475 shares of Delphi Automotive PLC 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 completion of 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 legal filing with the SEC, which is accessible through the SEC website. Also, SVP Vos Glen W. De sold 2,100 shares of Delphi Automotive PLC stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $91.35, for a total transaction of $191,835.00. Following the completion of the sale, the senior vice president now directly owns 22,994 shares of the company’s stock, valued at approximately $2,100,501.90. The disclosure for this sale can be found here. In the last three months, insiders sold 19,075 shares of company stock valued at $1,903,025. 0.32% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Fulton Bank N.A. acquired a new stake in Delphi Automotive PLC in the 3rd quarter valued at $489,000. Eqis Capital Management Inc. grew its position in Delphi Automotive PLC by 3.5% in the 3rd quarter. Eqis Capital Management Inc. now owns 14,956 shares of the auto parts company’s stock valued at $1,472,000 after purchasing an additional 506 shares during the period. Achmea Investment Management B.V. grew its position in Delphi Automotive PLC by 80.7% in the 2nd quarter. Achmea Investment Management B.V. now owns 19,423 shares of the auto parts company’s stock valued at $1,700,000 after purchasing an additional 8,672 shares during the period. RNC Capital Management LLC grew its position in Delphi Automotive PLC by 3.2% in the 2nd quarter. RNC Capital Management LLC now owns 2,863 shares of the auto parts company’s stock valued at $251,000 after purchasing an additional 89 shares during the period. Finally, Sentry Investment Management LLC grew its position in Delphi Automotive PLC by 1.5% in the 2nd quarter. Sentry Investment Management LLC now owns 64,449 shares of the auto parts company’s stock valued at $5,649,000 after purchasing an additional 930 shares during the period. 90.13% of the stock is owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Delphi Automotive PLC (NYSE:DLPH)

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