Equities research analysts at Bank of America began coverage on shares of Delphi Automotive (NYSE:DLPH) in a note issued to investors on Wednesday, The Fly reports. The brokerage set a “neutral” rating on the auto parts company’s stock.

A number of other equities analysts also recently weighed in on the stock. Citigroup boosted their target price on shares of Delphi Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, October 2nd. UBS started coverage on shares of Delphi Automotive in a research note on Wednesday. They issued a “neutral” rating for the company. Piper Jaffray Companies set a $112.00 target price on shares of Delphi Automotive and gave the stock a “buy” rating in a research note on Friday, August 11th. Wells Fargo & Company boosted their target price on shares of Delphi Automotive from $105.00 to $109.00 and gave the stock an “outperform” rating in a research note on Friday, September 29th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $100.00 target price on shares of Delphi Automotive in a research note on Sunday, September 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Delphi Automotive presently has an average rating of “Buy” and an average target price of $95.45.

Delphi Automotive (NYSE:DLPH) opened at $56.50 on Wednesday. The company has a market cap of $27,727.09, a PE ratio of 15.36, a price-to-earnings-growth ratio of 1.21 and a beta of 1.39. Delphi Automotive has a 12-month low of $30.96 and a 12-month high of $57.25. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.62 and a quick ratio of 1.22.

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

In other news, Director Bernd Wiedemann sold 17,000 shares of the company’s 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 completion of the transaction, the director now owns 7,975 shares in the company, valued at $809,781.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 owns 29,960 shares of the company’s stock, valued at approximately $2,948,962.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,975 shares of company stock valued at $3,437,370. Corporate insiders own 0.31% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. AXA boosted its holdings in shares of Delphi Automotive by 5.9% in the third quarter. AXA now owns 678,619 shares of the auto parts company’s stock valued at $66,776,000 after buying an additional 37,644 shares during the period. Shelton Capital Management acquired a new position in shares of Delphi Automotive in the third quarter valued at approximately $214,000. GSA Capital Partners LLP boosted its holdings in shares of Delphi Automotive by 112.1% in the third quarter. GSA Capital Partners LLP now owns 25,892 shares of the auto parts company’s stock valued at $2,548,000 after buying an additional 13,682 shares during the period. Fieldpoint Private Securities LLC acquired a new position in shares of Delphi Automotive in the third quarter valued at approximately $355,000. Finally, Dana Investment Advisors Inc. acquired a new position in shares of Delphi Automotive in the third quarter valued at approximately $8,469,000. Institutional investors own 91.11% of the company’s stock.

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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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