CWM Advisors LLC Boosts Position in Delphi Technologies PLC (NYSE:DLPH)

CWM Advisors LLC lifted its stake in shares of Delphi Technologies PLC (NYSE:DLPH) by 125.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,930 shares of the company’s stock after acquiring an additional 10,540 shares during the quarter. CWM Advisors LLC’s holdings in Delphi Technologies were worth $271,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DLPH. Vanguard Group Inc boosted its position in shares of Delphi Technologies by 3.2% in the third quarter. Vanguard Group Inc now owns 7,909,445 shares of the company’s stock worth $248,041,000 after buying an additional 245,516 shares during the period. Vanguard Group Inc. boosted its position in shares of Delphi Technologies by 3.2% in the third quarter. Vanguard Group Inc. now owns 7,909,445 shares of the company’s stock worth $248,041,000 after buying an additional 245,516 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Delphi Technologies by 77.2% in the fourth quarter. Bank of New York Mellon Corp now owns 4,475,749 shares of the company’s stock worth $64,094,000 after buying an additional 1,949,342 shares during the period. Ruffer LLP boosted its position in shares of Delphi Technologies by 33.0% in the fourth quarter. Ruffer LLP now owns 2,851,482 shares of the company’s stock worth $40,815,000 after buying an additional 706,726 shares during the period. Finally, Janus Henderson Group PLC boosted its position in shares of Delphi Technologies by 22.3% in the third quarter. Janus Henderson Group PLC now owns 2,275,425 shares of the company’s stock worth $71,357,000 after buying an additional 414,550 shares during the period. 87.36% of the stock is owned by institutional investors and hedge funds.

DLPH has been the subject of several recent research reports. Zacks Investment Research lowered Delphi Technologies from a “hold” rating to a “strong sell” rating in a report on Thursday, January 3rd. Bank of America raised Delphi Technologies from a “neutral” rating to a “buy” rating and set a $24.95 price objective on the stock in a report on Friday, April 12th. BMO Capital Markets upped their target price on shares of Delphi Technologies to $29.00 and gave the company an “outperform” rating in a research report on Tuesday, February 26th. Barclays restated a “buy” rating and set a $25.00 price objective on shares of Delphi Technologies in a research note on Friday, February 22nd. Finally, Morgan Stanley set a $21.00 price target on shares of Delphi Technologies and gave the company a “hold” rating in a report on Tuesday, February 26th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $30.50.

DLPH traded up $0.22 during midday trading on Friday, reaching $26.27. The company had a trading volume of 1,756,746 shares, compared to its average volume of 1,312,792. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 3.40. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 6.00, a PEG ratio of 0.85 and a beta of 2.17. Delphi Technologies PLC has a 12-month low of $13.18 and a 12-month high of $53.78.

Delphi Technologies (NYSE:DLPH) last released its earnings results on Thursday, February 21st. The company reported $1.06 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.19. Delphi Technologies had a net margin of 7.37% and a return on equity of 109.04%. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the company earned $1.24 earnings per share. The company’s quarterly revenue was down 6.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Delphi Technologies PLC will post 3.08 earnings per share for the current year.

In related news, SVP Majdi Abulaban sold 25,130 shares of the stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $80.00, for a total value of $2,010,400.00. Following the completion of the transaction, the senior vice president now directly owns 183,668 shares in the company, valued at approximately $14,693,440. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP David M. Sherbin sold 19,689 shares of the stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $86.79, for a total transaction of $1,708,808.31. Following the completion of the transaction, the senior vice president now owns 90,540 shares of the company’s stock, valued at $7,857,966.60. The disclosure for this sale can be found here. 0.21% of the stock is owned by company insiders.

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About Delphi Technologies

Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. The company operates through two segments, Powertrain Systems and Delphi Technologies Aftermarket. The Powertrain Systems segment provides fuel injection systems, as well as other powertrain products comprising valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators; and electronic control modules with the corresponding software, algorithms, and calibration that provide centralized management of various powertrain components.

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Institutional Ownership by Quarter for Delphi Technologies (NYSE:DLPH)

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