Analysts at Goldman Sachs Group started coverage on shares of Delphi Automotive (NYSE:DLPH) in a report released on Tuesday, The Fly reports. The firm set a “buy” rating on the auto parts company’s stock.

Several other analysts also recently weighed in on the company. Royal Bank Of Canada restated a “buy” rating on shares of Delphi Automotive in a research note on Friday, November 3rd. Robert W. Baird lowered their target price on Delphi Automotive from $131.00 to $130.00 and set an “outperform” rating for the company in a research note on Friday, November 3rd. Barclays set a $114.00 target price on Delphi Automotive and gave the company a “buy” rating in a research note on Friday, October 20th. Jefferies Group restated a “buy” rating and set a $118.00 target price on shares of Delphi Automotive in a research note on Tuesday, October 31st. Finally, Bank of America upgraded Delphi Automotive from a “neutral” rating to a “buy” rating and set a $120.00 target price for the company in a research note on Monday, November 20th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $98.76.

Shares of Delphi Automotive (DLPH) opened at $104.30 on Tuesday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.22 and a current ratio of 1.62. The firm has a market capitalization of $27,517.08, a PE ratio of 15.24, a PEG ratio of 1.20 and a beta of 1.39. Delphi Automotive has a 52 week low of $63.46 and a 52 week high of $104.99.

Delphi Automotive (NYSE:DLPH) last announced its earnings results on Thursday, November 2nd. The auto parts company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.10. The company had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.10 billion. Delphi Automotive had a return on equity of 57.92% and a net margin of 8.00%. The company’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the firm earned $1.50 earnings per share. sell-side analysts predict that Delphi Automotive will post 6.77 EPS for the current fiscal year.

In other news, Director Thomas W. Sidlik sold 8,475 shares of Delphi Automotive stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $103.19, for a total transaction of $874,535.25. Following the sale, the director now owns 10,564 shares of the company’s stock, valued at $1,090,099.16. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Bernd Wiedemann sold 17,000 shares of Delphi Automotive stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $101.54, for a total value of $1,726,180.00. Following the sale, the director now directly owns 7,975 shares in the company, valued at approximately $809,781.50. The disclosure for this sale can be found here. Insiders sold 33,975 shares of company stock valued at $3,437,370 over the last quarter. Insiders own 0.31% of the company’s stock.

A number of large investors have recently made changes to their positions in the stock. AXA raised its holdings in Delphi Automotive by 5.9% during the third quarter. AXA now owns 678,619 shares of the auto parts company’s stock worth $66,776,000 after purchasing an additional 37,644 shares in the last quarter. Shelton Capital Management bought a new stake in Delphi Automotive during the third quarter worth approximately $214,000. GSA Capital Partners LLP raised its holdings in Delphi Automotive by 112.1% during the third quarter. GSA Capital Partners LLP now owns 25,892 shares of the auto parts company’s stock worth $2,548,000 after purchasing an additional 13,682 shares in the last quarter. Fieldpoint Private Securities LLC bought a new stake in Delphi Automotive during the third quarter worth approximately $355,000. Finally, Dana Investment Advisors Inc. bought a new stake in Delphi Automotive during the third quarter worth approximately $8,469,000. 91.11% of the stock is currently owned by hedge funds and other institutional investors.

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Delphi Automotive 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.

The Fly

Analyst Recommendations for Delphi Automotive (NYSE:DLPH)

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