Stock Rating: Morgan Stanley: Time To Decrease Faith In Delphi Automotive (DLPH)

November 29, 2016 - By Peter Kolinski

Stock Rating: Morgan Stanley: Time To Decrease Faith In Delphi Automotive (DLPH)

Delphi Automotive (DLPH) Downgrade

Morgan Stanley gave Delphi Automotive (DLPH) shares a new Underweight rating in a an analyst note published on Tuesday, 29 November. This is decrease from the old Equal-Weight rating.

Delphi Automotive PLC (NYSE:DLPH) Ratings Coverage

Out of 2 analysts covering Delphi Automotive (DLPH), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Delphi Automotive has been the topic of 2 analyst reports since November 9, 2016 according to StockzIntelligence Inc. Bank of America downgraded the shares of DLPH in a report on Wednesday, November 9 to “Underperform” rating. The firm has “Hold” rating by Berenberg given on Tuesday, November 22.

About 2.75 million shares traded hands or 1.85% up from the average. Delphi Automotive PLC (DLPH) has declined 14.83% since April 26, 2016 and is downtrending. It has underperformed by 20.09% the S&P500.

Analysts await Delphi Automotive PLC (NYSE:DLPH) to report earnings on February, 2. They expect $1.59 earnings per share, up 14.39% or $0.20 from last year’s $1.39 per share. DLPH’s profit will be $422.88M for 10.00 P/E if the $1.59 EPS becomes a reality. After $1.50 actual earnings per share reported by Delphi Automotive PLC for the previous quarter, Wall Street now forecasts 6.00% EPS growth.

Insitutional Activity: The institutional sentiment decreased to 0.79 in Q2 2016. Its down 0.05, from 0.84 in 2016Q1. The ratio turned negative, as 58 funds sold all Delphi Automotive PLC shares owned while 171 reduced positions. 51 funds bought stakes while 142 increased positions. They now own 245.99 million shares or 3.11% less from 253.90 million shares in 2016Q1.

Bluecrest Management Limited last reported 0.1% of its portfolio in the stock. Chilton Cap Management Limited Com holds 148,971 shares or 0.9% of its portfolio. Gratry & Co Limited Liability Co has 1.4% invested in the company for 28,404 shares. Ibm Retirement Fund holds 0.08% or 32,364 shares in its portfolio. Gateway Advisers Ltd Com accumulated 0.01% or 19,352 shares. Barclays Plc holds 36,483 shares or 0% of its portfolio. Hbk Invs Lp accumulated 41,687 shares or 0.02% of the stock. Ngam Advsrs Limited Partnership reported 154,068 shares or 0.13% of all its holdings. Moon Mgmt L P last reported 15% of its portfolio in the stock. Commonwealth Of Pennsylvania School Empls Retrmt owns 21,857 shares or 0.03% of their US portfolio. Tealwood Asset Mngmt, a Minnesota-based fund reported 17,880 shares. Brown Brothers Harriman And Co last reported 0% of its portfolio in the stock. Atlantic Trust Ltd owns 139,111 shares or 0.06% of their US portfolio. Fdx, a California-based fund reported 29,765 shares. Royal Bancorporation Of Canada holds 0.03% or 750,308 shares in its portfolio.

Delphi Automotive PLC is a vehicle components manufacturer. The company has a market cap of $16.91 billion. The Firm operates through three divisions: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It has a 16.38 P/E ratio. It serves automotive and commercial vehicle markets.

According to Zacks Investment Research, “Delphi Automotive PLC is a vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets. It is one of the largest vehicle component manufacturers, and its customers include some of the largest automotive original equipment manufacturers. Delphi Automotive PLC is based in Troy, Michigan.”

DLPH Company Profile

Delphi Automotive PLC, incorporated on May 19, 2011, is a vehicle components manufacturer. The Firm operates through three divisions: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. The Firm provides electrical and electronic, powertrain, safety and thermal technology solutions to the automotive and commercial vehicle markets. The Firm operates approximately 130 manufacturing facilities and over 10 technical centers.

More notable recent Delphi Automotive PLC (NYSE:DLPH) news were published by: Reuters.com which released: “Delphi, Mobileye to use Intel chip for self-driving car system” on November 29, 2016, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: AK Steel, Celgene, Darden, Delphi …” published on November 29, 2016, Streetinsider.com published: “Berenberg Starts Delphi Automotive PLC (DLPH) at Hold” on November 22, 2016. More interesting news about Delphi Automotive PLC (NYSE:DLPH) were released by: Forbes.com and their article: “Ex-Dividend Reminder: Delphi Automotive, M.D.C. Holdings and Bloomin’ Brands” published on November 03, 2016 as well as Streetinsider.com‘s news article titled: “Form 4 Delphi Automotive PLC For: Nov 23 Filed by: SHERBIN DAVID M” with publication date: November 28, 2016.

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