Is Selling Delphi Automotive PLC Here a Winning Strategy? Option Traders Hate The Stock

 Is Selling Delphi Automotive PLC Here a Winning Strategy? Option Traders Hate The Stock

In today’s session Delphi Automotive PLC (DLPH) recorded an unusually high (241) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious DLPH decrease. With 241 contracts traded and 3594 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: DLPH170120P00062500 closed last at: $2.45 or 69% up. About 709,410 shares traded hands. Delphi Automotive PLC (NYSE:DLPH) has declined 14.66% since April 28, 2016 and is downtrending. It has underperformed by 20.58% 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 $434.33M for 10.22 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.

Delphi Automotive PLC (NYSE:DLPH) Ratings Coverage

Out of 17 analysts covering Delphi Automotive LLP (NYSE:DLPH), 14 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 82% are positive. $105 is the highest target while $76 is the lowest. The $86.45 average target is 33.04% above today’s ($64.98) stock price. Delphi Automotive LLP has been the topic of 27 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was upgraded on Tuesday, March 15 by UBS. Seaport Global initiated the stock with “Buy” rating in Tuesday, August 9 report. The stock of Delphi Automotive PLC (NYSE:DLPH) earned “Buy” rating by Jefferies on Wednesday, November 30. The firm has “Overweight” rating by Piper Jaffray given on Friday, June 10. The firm has “Underweight” rating by Morgan Stanley given on Tuesday, November 29. The rating was maintained by RBC Capital Markets on Friday, February 5 with “Outperform”. The company was upgraded on Friday, July 31 by CLSA. The firm has “Overweight” rating given on Monday, January 25 by Barclays Capital. The rating was downgraded by Bank of America on Wednesday, November 9 to “Underperform”. As per Monday, April 18, the company rating was maintained by Citigroup.

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 decreased to 0.79 in 2016 Q2. Its down 0.05, from 0.84 in 2016Q1. The ratio dropped, 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.
Atlantic Trust Group Ltd Liability Com holds 0.06% of its portfolio in Delphi Automotive PLC (NYSE:DLPH) for 139,111 shares. Blackrock Institutional Co Na last reported 7.06M shares in the company. Kanaly Company holds 0% or 18 shares in its portfolio. Moreover, Johnson Fincl Grp has 0.11% invested in Delphi Automotive PLC (NYSE:DLPH) for 12,567 shares. New Vernon Inv Ltd Liability Corp accumulated 0.76% or 13,816 shares. Atlanta Cap Grp Incorporated has 0.36% invested in the company for 25,836 shares. Moreover, Alliancebernstein L P has 0.24% invested in Delphi Automotive PLC (NYSE:DLPH) for 4.50 million shares. The British Columbia – Canada-based British Columbia Inv Mgmt has invested 0.11% in Delphi Automotive PLC (NYSE:DLPH). Gateway Advisers Limited holds 0.01% of its portfolio in Delphi Automotive PLC (NYSE:DLPH) for 19,352 shares. State Of New Jersey Common Pension Fund D reported 207,000 shares or 0.06% of all its holdings. Atwood & Palmer Inc last reported 198,465 shares in the company. Ci Invests last reported 0.42% of its portfolio in the stock. Henderson Grp Incorporated Public Ltd Com accumulated 1.07M shares or 0.56% of the stock. Old Natl National Bank & Trust In last reported 9,245 shares in the company. United Services Automobile Association owns 612,058 shares or 0.14% of their US portfolio.

Delphi Automotive PLC is a vehicle components manufacturer. The company has a market cap of $17.75 billion. The Firm operates through three divisions: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It has a 16.75 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: Reuters.com, which released: “Delphi, Mobileye to use Intel chip for self-driving car system” on November 29, 2016. Forbes.com‘s article titled: “Ex-Dividend Reminder: Delphi Automotive, M.D.C. Holdings and Bloomin’ Brands” and published on November 03, 2016 is yet another important article.

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