Essex Investment Management Co. LLC Has $1.71 Million Position in Delphi Technologies PLC (DLPH)

Essex Investment Management Co. LLC reduced its stake in Delphi Technologies PLC (NYSE:DLPH) by 66.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,621 shares of the company’s stock after selling 64,120 shares during the period. Essex Investment Management Co. LLC’s holdings in Delphi Technologies were worth $1,712,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in DLPH. Advisory Services Network LLC increased its stake in Delphi Technologies by 1,248.5% in the second quarter. Advisory Services Network LLC now owns 1,389 shares of the company’s stock valued at $122,000 after purchasing an additional 1,286 shares during the last quarter. BB&T Investment Services Inc. purchased a new position in shares of Delphi Technologies during the second quarter worth approximately $127,000. Highstreet Asset Management Inc. purchased a new position in shares of Delphi Technologies during the third quarter worth approximately $192,000. Global X MANAGEMENT CO LLC grew its position in shares of Delphi Technologies by 56.2% during the third quarter. Global X MANAGEMENT CO LLC now owns 2,018 shares of the company’s stock worth $199,000 after acquiring an additional 726 shares during the last quarter. Finally, Brown Advisory Inc. purchased a new position in shares of Delphi Technologies during the third quarter worth approximately $212,000. Institutional investors own 7.24% of the company’s stock.

In other news, Director Frank J. Dellaquila acquired 500 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were purchased at an average cost of $86.50 per share, for a total transaction of $43,250.00. Following the transaction, the director now directly owns 2,247 shares in the company, valued at approximately $194,365.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Delphi Technologies PLC (DLPH) traded up $0.52 during trading hours on Wednesday, reaching $51.25. 458,489 shares of the company were exchanged, compared to its average volume of 1,157,616. Delphi Technologies PLC has a 1 year low of $38.00 and a 1 year high of $60.39.

The company also recently disclosed an annual dividend, which will be paid on Wednesday, February 14th. Investors of record on Tuesday, February 6th will be given a $0.17 dividend. The ex-dividend date of this dividend is Monday, February 5th.

Separately, Buckingham Research began coverage on shares of Delphi Technologies in a research report on Thursday, February 8th. They set a “neutral” rating and a $58.00 target price on the stock.

TRADEMARK VIOLATION NOTICE: “Essex Investment Management Co. LLC Has $1.71 Million Position in Delphi Technologies PLC (DLPH)” was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2018/02/14/delphi-technologies-plc-dlph-shares-sold-by-essex-investment-management-co-llc.html.

Delphi Technologies Profile

Delphi Technologies PLC is a develops, designs and manufactures powertrain technologies for original equipment manufacturers (OEMs). The Company’s segments is Products & Service Solutions (PSS). PSS segment sells aftermarket products to independent aftermarket and original equipment service customers.

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

Receive News & Ratings for Delphi Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delphi Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply