BlueCrest Capital Management Ltd Has $1.90 Million Position in Delphi Automotive PLC (NYSE:DLPH)

BlueCrest Capital Management Ltd raised its position in Delphi Automotive PLC (NYSE:DLPH) by 31.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 23,547 shares of the auto parts company’s stock after buying an additional 5,698 shares during the period. BlueCrest Capital Management Ltd’s holdings in Delphi Automotive PLC were worth $1,895,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its position in Delphi Automotive PLC by 12.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 739,003 shares of the auto parts company’s stock worth $49,772,000 after buying an additional 79,460 shares during the last quarter. Castleark Management LLC raised its position in shares of Delphi Automotive PLC by 6.9% in the fourth quarter. Castleark Management LLC now owns 479,212 shares of the auto parts company’s stock valued at $32,275,000 after buying an additional 30,992 shares during the last quarter. Barings LLC raised its position in shares of Delphi Automotive PLC by 160.8% in the fourth quarter. Barings LLC now owns 13,300 shares of the auto parts company’s stock valued at $896,000 after buying an additional 8,200 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Delphi Automotive PLC by 112.8% in the fourth quarter. AQR Capital Management LLC now owns 59,321 shares of the auto parts company’s stock valued at $3,995,000 after buying an additional 31,443 shares during the last quarter. Finally, Loomis Sayles & Co. L P raised its position in shares of Delphi Automotive PLC by 0.4% in the fourth quarter. Loomis Sayles & Co. L P now owns 5,137 shares of the auto parts company’s stock valued at $346,000 after buying an additional 18 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Shares of Delphi Automotive PLC (NYSE:DLPH) opened at 91.93 on Tuesday. The stock has a 50 day moving average price of $86.60 and a 200-day moving average price of $78.12. The stock has a market capitalization of $24.63 billion, a PE ratio of 21.42 and a beta of 1.38. Delphi Automotive PLC has a 1-year low of $60.50 and a 1-year high of $93.43.

Delphi Automotive PLC (NYSE:DLPH) last released its quarterly earnings results on Wednesday, May 3rd. The auto parts company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.13. Delphi Automotive PLC had a return on equity of 62.09% and a net margin of 6.90%. The company had revenue of $4.29 billion for the quarter, compared to analysts’ expectations of $4.12 billion. During the same period in the prior year, the firm earned $1.36 earnings per share. The firm’s revenue was up 5.9% compared to the same quarter last year. On average, analysts forecast that Delphi Automotive PLC will post $6.62 earnings per share for the current year.

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DLPH has been the subject of several recent analyst reports. Barclays PLC reissued a “buy” rating on shares of Delphi Automotive PLC in a report on Monday, May 15th. Jefferies Group LLC boosted their target price on Delphi Automotive PLC from $100.00 to $106.00 and gave the stock a “buy” rating in a research report on Friday, May 5th. Zacks Investment Research upgraded Delphi Automotive PLC from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research report on Tuesday, April 11th. Deutsche Bank AG boosted their target price on Delphi Automotive PLC from $88.00 to $99.00 and gave the stock a “buy” rating in a research report on Wednesday, March 22nd. Finally, Guggenheim started coverage on Delphi Automotive PLC in a research report on Wednesday, June 21st. They issued a “buy” rating and a $104.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Delphi Automotive PLC has an average rating of “Buy” and a consensus price target of $90.73.

In other news, CFO Joseph R. Massaro sold 3,000 shares of the stock in a transaction on Friday, June 23rd. The stock was sold at an average price of $85.79, for a total value of $257,370.00. Following the sale, the chief financial officer now directly owns 55,779 shares in the company, valued at $4,785,280.41. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Sean O. Mahoney sold 1,949 shares of the stock in a transaction on Friday, May 26th. The shares were sold at an average price of $87.41, for a total value of $170,362.09. Following the completion of the sale, the director now owns 11,767 shares in the company, valued at $1,028,553.47. The disclosure for this sale can be found here. Insiders have sold 20,449 shares of company stock worth $1,770,497 over the last 90 days. 0.32% of the stock is owned by insiders.

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.

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

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