Edmp Inc. Buys 518 Shares of BorgWarner Inc. (NYSE:BWA)

Edmp Inc. boosted its stake in BorgWarner Inc. (NYSE:BWA) by 1.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,405 shares of the auto parts company’s stock after buying an additional 518 shares during the quarter. BorgWarner makes up about 1.4% of Edmp Inc.’s investment portfolio, making the stock its 29th largest position. Edmp Inc.’s holdings in BorgWarner were worth $1,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. Geode Capital Management LLC boosted its stake in shares of BorgWarner by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 6,384,366 shares of the auto parts company’s stock valued at $231,376,000 after purchasing an additional 217,050 shares in the last quarter. Pacer Advisors Inc. grew its stake in BorgWarner by 21,752.6% during the third quarter. Pacer Advisors Inc. now owns 4,646,950 shares of the auto parts company’s stock worth $168,638,000 after buying an additional 4,625,685 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in shares of BorgWarner by 19.2% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,764,103 shares of the auto parts company’s stock valued at $100,309,000 after acquiring an additional 445,540 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of BorgWarner by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,247,269 shares of the auto parts company’s stock worth $81,553,000 after acquiring an additional 60,935 shares in the last quarter. Finally, Ninety One UK Ltd grew its position in BorgWarner by 22.5% during the 4th quarter. Ninety One UK Ltd now owns 1,963,721 shares of the auto parts company’s stock worth $62,427,000 after acquiring an additional 361,112 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors.

Insider Activity at BorgWarner

In other news, VP Stefan Demmerle sold 20,544 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $34.28, for a total transaction of $704,248.32. Following the sale, the vice president now owns 206,969 shares in the company, valued at $7,094,897.32. This represents a 9.03 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.45% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on BWA shares. The Goldman Sachs Group cut their price objective on BorgWarner from $35.00 to $31.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Guggenheim reiterated a “buy” rating and issued a $41.00 price objective on shares of BorgWarner in a research report on Thursday, December 12th. Evercore ISI cut their target price on shares of BorgWarner from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday. Barclays lowered their price target on shares of BorgWarner from $47.00 to $43.00 and set an “overweight” rating for the company in a research report on Wednesday, January 22nd. Finally, Wells Fargo & Company increased their price objective on shares of BorgWarner from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $40.27.

BorgWarner Stock Performance

Shares of BorgWarner stock opened at $29.33 on Tuesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.79 and a quick ratio of 1.48. The firm has a market cap of $6.41 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 0.63 and a beta of 1.18. BorgWarner Inc. has a one year low of $29.28 and a one year high of $38.22. The stock’s 50-day moving average is $32.32 and its 200-day moving average is $33.27.

BorgWarner (NYSE:BWA) last released its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.08. BorgWarner had a return on equity of 15.93% and a net margin of 2.40%. Equities analysts predict that BorgWarner Inc. will post 4.54 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.11 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.50%. BorgWarner’s dividend payout ratio is 30.77%.

BorgWarner Profile

BorgWarner Inc, together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.