Personal CFO Solutions LLC Has $991,000 Stock Holdings in BorgWarner Inc. (NYSE:BWA)

Personal CFO Solutions LLC grew its position in BorgWarner Inc. (NYSE:BWA) by 137.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,159 shares of the auto parts company’s stock after purchasing an additional 18,059 shares during the period. Personal CFO Solutions LLC’s holdings in BorgWarner were worth $991,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Studio Investment Management LLC raised its holdings in BorgWarner by 12.4% in the third quarter. Studio Investment Management LLC now owns 2,813 shares of the auto parts company’s stock worth $102,000 after purchasing an additional 310 shares during the period. Avior Wealth Management LLC increased its position in shares of BorgWarner by 31.3% during the fourth quarter. Avior Wealth Management LLC now owns 1,435 shares of the auto parts company’s stock worth $46,000 after acquiring an additional 342 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of BorgWarner by 0.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 54,432 shares of the auto parts company’s stock worth $1,730,000 after acquiring an additional 381 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of BorgWarner by 0.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 76,168 shares of the auto parts company’s stock worth $2,421,000 after acquiring an additional 393 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of BorgWarner by 1.4% during the third quarter. Wellington Management Group LLP now owns 27,629 shares of the auto parts company’s stock worth $1,003,000 after acquiring an additional 394 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Tonit M. Calaway sold 13,500 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $30.16, for a total transaction of $407,160.00. Following the completion of the sale, the chief accounting officer now directly owns 259,310 shares in the company, valued at $7,820,789.60. This represents a 4.95 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Tania Wingfield sold 24,000 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $28.79, for a total value of $690,960.00. Following the sale, the executive vice president now owns 39,110 shares of the company’s stock, valued at approximately $1,125,976.90. This represents a 38.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.45% of the stock is owned by corporate insiders.

BorgWarner Stock Performance

BWA opened at $29.85 on Friday. The business has a fifty day simple moving average of $30.93 and a 200 day simple moving average of $32.88. The company has a market capitalization of $6.53 billion, a PE ratio of 20.87, a price-to-earnings-growth ratio of 0.77 and a beta of 1.21. BorgWarner Inc. has a 1 year low of $27.90 and a 1 year high of $38.22. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.79 and a quick ratio of 1.45.

BorgWarner (NYSE:BWA) last released its earnings results on Thursday, February 6th. The auto parts company reported $1.01 earnings per share for the quarter, beating 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%. Research analysts expect that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.11 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.44 annualized dividend and a dividend yield of 1.47%. BorgWarner’s dividend payout ratio is currently 30.77%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BWA. Barclays lowered their price objective on shares of BorgWarner from $43.00 to $42.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th. StockNews.com raised shares of BorgWarner from a “hold” rating to a “buy” rating in a research report on Thursday. The Goldman Sachs Group lowered their price objective on shares of BorgWarner from $35.00 to $31.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Guggenheim reissued a “buy” rating and set a $41.00 price objective on shares of BorgWarner in a research report on Thursday, December 12th. Finally, Morgan Stanley lowered their price objective on shares of BorgWarner from $45.00 to $40.00 and set an “overweight” rating for the company in a research report on Monday, March 3rd. Six equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $39.93.

About BorgWarner

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.