What Will Happen to Delphi Automotive PLC Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to Delphi Automotive PLC Next? The Stock Just Had Huge Bearish Options Activity

In today’s session Delphi Automotive PLC (DLPH) recorded an unusually high (1,705) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious DLPH decrease. With 1,705 contracts traded and 15344 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: DLPH161118P00065000 closed last at: $1.3 or 8.3% up. About 222,681 shares traded hands. Delphi Automotive PLC (NYSE:DLPH) has risen 1.38% since March 3, 2016 and is uptrending. It has underperformed by 6.96% the S&P500.

Analysts await Delphi Automotive PLC (NYSE:DLPH) to report earnings on November, 3. They expect $1.42 earnings per share, up 10.94% or $0.14 from last year’s $1.28 per share. DLPH’s profit will be $393.10M for 12.43 P/E if the $1.42 EPS becomes a reality. After $1.59 actual earnings per share reported by Delphi Automotive PLC for the previous quarter, Wall Street now forecasts -10.69% negative EPS growth.

Delphi Automotive PLC (NYSE:DLPH) Ratings Coverage

Out of 13 analysts covering Delphi Automotive LLP (NYSE:DLPH), 13 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $105 is the highest target while $76 is the lowest. The $87.10 average target is 23.34% above today’s ($70.62) stock price. Delphi Automotive LLP has been the topic of 23 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital with “Overweight” on Monday, January 25. The firm has “Buy” rating by Deutsche Bank given on Friday, July 31. The company was maintained on Thursday, August 4 by Deutsche Bank. The rating was upgraded by UBS to “Buy” on Tuesday, March 15. Barclays Capital initiated Delphi Automotive PLC (NYSE:DLPH) rating on Thursday, January 7. Barclays Capital has “Overweight” rating and $105 price target. The stock has “Buy” rating given by Goldman Sachs on Monday, June 6. The stock has “Buy” rating given by Credit Agricole on Friday, July 31. The rating was upgraded by Sterne Agee CRT on Wednesday, December 23 to “Buy”. The firm earned “Buy” rating on Monday, April 18 by Citigroup. The stock has “Outperform” rating given by RBC Capital Markets on Friday, February 5.

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.”

Insitutional Activity: The institutional sentiment increased to 0.84 in 2016 Q2. Its up 0.02, from 0.82 in 2016Q1. The ratio improved, 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.
Globeflex Capital Limited Partnership accumulated 11,311 shares or 0.19% of the stock. The Virginia-based Bb&T Securities Lc has invested 0.27% in Delphi Automotive PLC (NYSE:DLPH). Price T Rowe Assoc Md last reported 0.12% of its portfolio in the stock. Janney Montgomery Scott Ltd reported 4,823 shares or 0.01% of all its holdings. Calvert Invest Management Inc owns 128,488 shares or 0.42% of their US portfolio. State Of Tennessee Treasury Department has invested 0.06% of its portfolio in Delphi Automotive PLC (NYSE:DLPH). Moreover, Luminus Limited has 0.07% invested in Delphi Automotive PLC (NYSE:DLPH) for 37,773 shares. New York State Common Retirement Fund, a New York-based fund reported 828,739 shares. Invesco holds 0.02% of its portfolio in Delphi Automotive PLC (NYSE:DLPH) for 749,900 shares. State Street Corp last reported 0.07% of its portfolio in the stock. Herndon Capital Management Llc has 835 shares for 0% of their US portfolio. Moreover, Dimensional Fund Limited Partnership has 0.02% invested in Delphi Automotive PLC (NYSE:DLPH) for 563,511 shares. The California-based Aperio Limited Liability Company has invested 0.04% in Delphi Automotive PLC (NYSE:DLPH). Jpmorgan Chase last reported 8.48 million shares in the company. Fjarde Ap accumulated 0.1% or 66,017 shares.

Delphi Automotive PLC is a vehicle components manufacturer. The company has a market cap of $19.55 billion. The Firm operates through three divisions: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It has a 17.48 P/E ratio. It serves automotive and commercial vehicle markets.

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 news for Delphi Automotive PLC (NYSE:DLPH) were recently published by: Wsj.com, which released: “Delphi Automotive Earnings Beat Estimates Slightly” on August 03, 2016. Prnewswire.com‘s article titled: “Delphi Announces Pricing of Senior Notes Offering” and published on September 15, 2016 is yet another important article.

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