Delphi Automotive PLC (DLPH) PT Raised to $95.00 at Citigroup Inc.

Delphi Automotive PLC (DLPH) PT Raised to $95.00 at Citigroup Inc.

Delphi Automotive PLC (NYSE:DLPH) had its target price upped by Citigroup Inc. from $88.00 to $95.00 in a note issued to investors on Monday. The firm presently has a “buy” rating on the stock. Citigroup Inc.’s price objective suggests a potential upside of 28.19% from the stock’s current price.

Several other research firms have also recently issued reports on DLPH. RBC Capital Markets reiterated an “outperform” rating and issued a $87.00 target price (up from $83.00) on shares of Delphi Automotive PLC in a research note on Thursday, February 2nd. Royal Bank Of Canada upped their price objective on shares of Delphi Automotive PLC from $83.00 to $87.00 and gave the stock an “outperform” rating in a research report on Friday, February 3rd. Wells Fargo & Company restated an “outperform” rating and set a $84.00 price objective (up from $80.00) on shares of Delphi Automotive PLC in a research report on Friday, February 3rd. They noted that the move was a valuation call. Barclays PLC reduced their price objective on shares of Delphi Automotive PLC from $85.00 to $84.00 and set an “overweight” rating for the company in a research report on Thursday, January 12th. Finally, Jefferies Group LLC upped their price objective on shares of Delphi Automotive PLC from $80.00 to $86.00 and gave the stock a “buy” rating in a research report on Monday, January 30th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, fifteen have assigned 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 $82.74.

Shares of Delphi Automotive PLC (NYSE:DLPH) traded down 0.61% during trading on Monday, hitting $73.66. 302,309 shares of the company’s stock were exchanged. Delphi Automotive PLC has a 12-month low of $57.39 and a 12-month high of $78.00. The company has a market cap of $19.92 billion, a P/E ratio of 16.05 and a beta of 1.29. The company has a 50-day moving average of $70.31 and a 200-day moving average of $68.19.

Delphi Automotive PLC (NYSE:DLPH) last posted its earnings results on Thursday, February 2nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.23. Delphi Automotive PLC had a net margin of 7.54% and a return on equity of 61.96%. The firm earned $4.31 billion during the quarter, compared to analysts’ expectations of $4.15 billion. During the same period in the previous year, the business posted $1.39 EPS. The business’s revenue was up 11.2% compared to the same quarter last year. On average, equities analysts expect that Delphi Automotive PLC will post $6.54 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 15th. Shareholders of record on Monday, February 6th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Thursday, February 2nd. This is a positive change from Delphi Automotive PLC’s previous quarterly dividend of $0.25. Delphi Automotive PLC’s dividend payout ratio (DPR) is 25.38%.

In other news, Director Gary L. Cowger sold 14,500 shares of the stock in a transaction dated Wednesday, December 21st. The shares were sold at an average price of $69.06, for a total transaction of $1,001,370.00. Following the sale, the director now owns 35,203 shares of the company’s stock, valued at $2,431,119.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jugal K. Vijayvargiya sold 10,000 shares of the stock in a transaction dated Tuesday, December 6th. The stock was sold at an average price of $65.00, for a total transaction of $650,000.00. Following the sale, the senior vice president now directly owns 123,389 shares in the company, valued at approximately $8,020,285. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 37,354 shares of company stock valued at $2,517,087. 0.36% of the stock is currently owned by insiders.

Several hedge funds have recently modified their holdings of the company. SevenBridge Financial Group LLC boosted its stake in shares of Delphi Automotive PLC by 124.7% in the third quarter. SevenBridge Financial Group LLC now owns 1,795 shares of the company’s stock valued at $118,000 after buying an additional 996 shares during the period. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Delphi Automotive PLC by 89.1% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 2,086 shares of the company’s stock valued at $149,000 after buying an additional 983 shares during the period. SRB Corp purchased a new stake in shares of Delphi Automotive PLC during the third quarter valued at $171,000. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Delphi Automotive PLC by 242.9% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 2,400 shares of the company’s stock valued at $171,000 after buying an additional 1,700 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Delphi Automotive PLC by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,463 shares of the company’s stock valued at $219,000 after buying an additional 97 shares during the period. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Delphi Automotive PLC Company Profile

Delphi Automotive PLC is a vehicle components manufacturer. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It serves automotive and commercial vehicle markets. Its Electrical/Electronic Architecture segment includes electrical architecture and component products.

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