Nomura Holdings Inc. Acquires New Position in Delphi Automotive PLC (DLPH)

Nomura Holdings Inc. acquired a new position in Delphi Automotive PLC (NYSE:DLPH) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 40,327 shares of the auto parts company’s stock, valued at approximately $3,537,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Delphi Automotive PLC by 1.8% in the second quarter. Vanguard Group Inc. now owns 21,839,159 shares of the auto parts company’s stock worth $1,914,202,000 after acquiring an additional 382,272 shares during the period. BlackRock Inc. boosted its stake in shares of Delphi Automotive PLC by 2.5% in the second quarter. BlackRock Inc. now owns 17,315,076 shares of the auto parts company’s stock worth $1,517,667,000 after acquiring an additional 422,074 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of Delphi Automotive PLC by 3.4% in the first quarter. Massachusetts Financial Services Co. MA now owns 16,841,567 shares of the auto parts company’s stock worth $1,355,577,000 after acquiring an additional 552,921 shares during the period. Longview Partners Guernsey LTD boosted its stake in shares of Delphi Automotive PLC by 3.2% in the second quarter. Longview Partners Guernsey LTD now owns 9,772,666 shares of the auto parts company’s stock worth $856,574,000 after acquiring an additional 300,071 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of Delphi Automotive PLC by 705.4% in the second quarter. Janus Henderson Group PLC now owns 5,504,770 shares of the auto parts company’s stock worth $482,510,000 after acquiring an additional 4,821,278 shares during the period. 90.13% of the stock is owned by hedge funds and other institutional investors.

Delphi Automotive PLC (NYSE DLPH) traded down 0.16% on Friday, hitting $97.94. The stock had a trading volume of 164,823 shares. The stock has a market cap of $26.13 billion, a PE ratio of 20.73 and a beta of 1.36. The firm’s 50 day moving average price is $98.67 and its 200-day moving average price is $89.32. 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 announced its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.06. The company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.20 billion. Delphi Automotive PLC had a return on equity of 60.14% and a net margin of 7.51%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.59 earnings per share. On average, analysts forecast that Delphi Automotive PLC will post $6.69 EPS for the current year.

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In other Delphi Automotive PLC news, Director Gary L. Cowger sold 8,500 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $98.43, for a total value of $836,655.00. Following the sale, the director now owns 29,960 shares of the company’s stock, valued at $2,948,962.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Vos Glen W. De sold 2,100 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $91.35, for a total value of $191,835.00. Following the completion of the sale, the senior vice president now directly owns 22,994 shares in the company, 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 worth $1,903,025. 0.32% of the stock is owned by corporate insiders.

DLPH has been the subject of a number of recent analyst reports. KeyCorp reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Delphi Automotive PLC in a research note on Sunday, September 17th. BidaskClub upgraded Delphi Automotive PLC from a “sell” rating to a “hold” rating in a research report on Thursday, August 24th. Deutsche Bank AG reiterated a “buy” rating and issued a $107.00 target price (up from $99.00) on shares of Delphi Automotive PLC in a research report on Wednesday, August 9th. Bank of America Corporation boosted their target price on Delphi Automotive PLC from $95.00 to $110.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 26th. Finally, UBS AG reiterated a “buy” rating and issued a $102.00 target price on shares of Delphi Automotive PLC in a research report on Thursday, September 28th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $102.82.

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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