Ecofin Ltd. Takes Position in Delphi Automotive PLC (DLPH)

Ecofin Ltd. purchased a new stake in shares of Delphi Automotive PLC (NYSE:DLPH) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 164,484 shares of the auto parts company’s stock, valued at approximately $14,417,000. Delphi Automotive PLC accounts for approximately 3.4% of Ecofin Ltd.’s portfolio, making the stock its 14th largest holding. Ecofin Ltd. owned approximately 0.06% of Delphi Automotive PLC as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in DLPH. Global X Management Co. LLC raised its position 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 buying an additional 114 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position 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 buying an additional 125 shares during the last quarter. Advisory Services Network LLC raised its position 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 buying an additional 1,286 shares during the last quarter. BB&T Investment Services Inc. acquired a new position in shares of Delphi Automotive PLC during the second quarter valued at about $127,000. Finally, Jacobi Capital Management LLC raised its position in shares of Delphi Automotive PLC by 25.5% during the first quarter. Jacobi Capital Management LLC now owns 1,881 shares of the auto parts company’s stock valued at $141,000 after buying an additional 382 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

A number of brokerages have recently commented on DLPH. KeyCorp upped their price objective on shares of Delphi Automotive PLC from $100.00 to $106.00 and gave the company a “buy” rating in a research report on Friday. UBS AG lowered shares of Delphi Automotive PLC from a “buy” rating to a “neutral” rating and set a $102.00 price objective for the company. in a research report on Tuesday, October 10th. Robert W. Baird reaffirmed an “outperform” rating and set a $128.00 price objective (up previously from $110.00) on shares of Delphi Automotive PLC in a research report on Thursday, September 28th. They noted that the move was a valuation call. Piper Jaffray Companies set a $112.00 price objective on shares of Delphi Automotive PLC and gave the company a “buy” rating in a research report on Friday, August 11th. Finally, Wells Fargo & Company increased their price target on shares of Delphi Automotive PLC from $105.00 to $109.00 and gave the stock an “outperform” rating in a research report on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. Delphi Automotive PLC currently has an average rating of “Buy” and a consensus price target of $102.82.

In related news, 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 transaction of $836,655.00. Following the completion of the transaction, the director now directly owns 29,960 shares in the company, valued at approximately $2,948,962.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Vos Glen W. De sold 2,100 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $91.35, for a total transaction of $191,835.00. Following the transaction, the senior vice president now owns 22,994 shares of the company’s stock, valued at $2,100,501.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,075 shares of company stock valued at $1,903,025. 0.32% of the stock is owned by corporate insiders.

TRADEMARK VIOLATION WARNING: This piece of content was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another publication, it was stolen and republished in violation of U.S. and international trademark and copyright laws. The correct version of this piece of content can be viewed at https://ledgergazette.com/2017/10/15/ecofin-ltd-takes-position-in-delphi-automotive-plc-dlph.html.

Delphi Automotive PLC (NYSE DLPH) traded down 0.63% during mid-day trading on Friday, hitting $97.48. 1,257,759 shares of the stock traded hands. The stock has a market capitalization of $26.01 billion, a PE ratio of 20.63 and a beta of 1.36. The company has a 50 day moving average price of $98.89 and a 200-day moving average price of $89.51. Delphi Automotive PLC has a one year low of $60.50 and a one year high of $104.09.

Delphi Automotive PLC (NYSE:DLPH) last released its quarterly earnings data on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.65 by $0.06. The business had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The firm’s quarterly revenue was u

A number of other hedge funds have also recently added to or reduced their stakes in DLPH. Global X Management Co. LLC raised its position 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 buying an additional 114 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position 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 buying an additional 125 shares during the last quarter. Advisory Services Network LLC raised its position 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 buying an additional 1,286 shares during the last quarter. BB&T Investment Services Inc. acquired a new position in shares of Delphi Automotive PLC during the second quarter valued at about $127,000. Finally, Jacobi Capital Management LLC raised its position in shares of Delphi Automotive PLC by 25.5% during the first quarter. Jacobi Capital Management LLC now owns 1,881 shares of the auto parts company’s stock valued at $141,000 after buying an additional 382 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

A number of brokerages have recently commented on DLPH. KeyCorp upped their price objective on shares of Delphi Automotive PLC from $100.00 to $106.00 and gave the company a “buy” rating in a research report on Friday. UBS AG lowered shares of Delphi Automotive PLC from a “buy” rating to a “neutral” rating and set a $102.00 price objective for the company. in a research report on Tuesday, October 10th. Robert W. Baird reaffirmed an “outperform” rating and set a $128.00 price objective (up previously from $110.00) on shares of Delphi Automotive PLC in a research report on Thursday, September 28th. They noted that the move was a valuation call. Piper Jaffray Companies set a $112.00 price objective on shares of Delphi Automotive PLC and gave the company a “buy” rating in a research report on Friday, August 11th. Finally, Wells Fargo & Company increased their price target on shares of Delphi Automotive PLC from $105.00 to $109.00 and gave the stock an “outperform” rating in a research report on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. Delphi Automotive PLC currently has an average rating of “Buy” and a consensus price target of $102.82.

In related news, 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 transaction of $836,655.00. Following the completion of the transaction, the director now directly owns 29,960 shares in the company, valued at approximately $2,948,962.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Vos Glen W. De sold 2,100 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $91.35, for a total transaction of $191,835.00. Following the transaction, the senior vice president now owns 22,994 shares of the company’s stock, valued at $2,100,501.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,075 shares of company stock valued at $1,903,025. 0.32% of the stock is owned by corporate insiders.

TRADEMARK VIOLATION WARNING: This piece of content was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another publication, it was stolen and republished in violation of U.S. and international trademark and copyright laws. The correct version of this piece of content can be viewed at https://ledgergazette.com/2017/10/15/ecofin-ltd-takes-position-in-delphi-automotive-plc-dlph.html.

Delphi Automotive PLC (NYSE DLPH) traded down 0.63% during mid-day trading on Friday, hitting $97.48. 1,257,759 shares of the stock traded hands. The stock has a market capitalization of $26.01 billion, a PE ratio of 20.63 and a beta of 1.36. The company has a 50 day moving average price of $98.89 and a 200-day moving average price of $89.51. Delphi Automotive PLC has a one year low of $60.50 and a one year high of $104.09.

Delphi Automotive PLC (NYSE:DLPH) last released its quarterly earnings data on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.65 by $0.06. The business had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.59 EPS. Equities analysts anticipate that Delphi Automotive PLC will post $6.69 earnings per share for the current fiscal year.

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.

Want to see what other hedge funds are holding DLPH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Delphi Automotive PLC (NYSE:DLPH).

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

Receive News & Ratings for Delphi Automotive PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delphi Automotive PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply