BorgWarner Inc. (NYSE:BWA) Shares Sold by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC decreased its holdings in BorgWarner Inc. (NYSE:BWA) by 54.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 61,580 shares of the auto parts company’s stock after selling 72,695 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in BorgWarner were worth $1,958,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Pacer Advisors Inc. boosted its holdings in shares of BorgWarner by 21,752.6% in 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 period. Swedbank AB boosted its stake in BorgWarner by 236.5% in the 3rd quarter. Swedbank AB now owns 844,112 shares of the auto parts company’s stock worth $30,633,000 after purchasing an additional 593,265 shares during the period. Hotchkis & Wiley Capital Management LLC grew its position in BorgWarner by 19.2% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,764,103 shares of the auto parts company’s stock worth $100,309,000 after purchasing an additional 445,540 shares in the last quarter. Bridgewater Associates LP raised its stake in BorgWarner by 4,509.5% during the 3rd quarter. Bridgewater Associates LP now owns 378,947 shares of the auto parts company’s stock valued at $13,752,000 after purchasing an additional 370,726 shares during the period. Finally, Erste Asset Management GmbH purchased a new stake in shares of BorgWarner in the third quarter valued at $11,113,000. Institutional investors own 95.67% of the company’s stock.

Insiders Place Their Bets

In other news, VP Stefan Demmerle sold 21,500 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $34.79, for a total value of $747,985.00. Following the completion of the sale, the vice president now directly owns 227,513 shares of the company’s stock, valued at approximately $7,915,177.27. This represents a 8.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Isabelle Mckenzie sold 5,700 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $34.62, for a total transaction of $197,334.00. Following the completion of the sale, the vice president now owns 37,640 shares in the company, valued at approximately $1,303,096.80. The trade was a 13.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 222,010 shares of company stock valued at $7,678,076 in the last quarter. Insiders own 0.45% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Barclays lowered their price target on BorgWarner from $47.00 to $43.00 and set an “overweight” rating on the stock in a report on Wednesday, January 22nd. Evercore ISI upgraded BorgWarner from an “in-line” rating to an “outperform” rating and upped their target price for the company from $39.00 to $43.00 in a report on Monday, October 14th. Guggenheim restated a “buy” rating and set a $41.00 price target on shares of BorgWarner in a report on Thursday, December 12th. JPMorgan Chase & Co. dropped their price objective on shares of BorgWarner from $51.00 to $50.00 and set an “overweight” rating on the stock in a research note on Monday, October 21st. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of BorgWarner from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Monday, November 4th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $40.47.

BorgWarner Price Performance

Shares of NYSE:BWA opened at $32.61 on Monday. The stock has a market capitalization of $7.13 billion, a P/E ratio of 8.28, a P/E/G ratio of 0.63 and a beta of 1.20. The business has a 50-day moving average of $32.91 and a two-hundred day moving average of $33.40. BorgWarner Inc. has a fifty-two week low of $29.51 and a fifty-two week high of $38.22. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.84 and a quick ratio of 1.48.

BorgWarner (NYSE:BWA) last announced its earnings results on Thursday, October 31st. The auto parts company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.17. BorgWarner had a return on equity of 15.51% and a net margin of 6.33%. The firm had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.50 billion. During the same quarter in the prior year, the business earned $0.98 earnings per share. The company’s revenue was down 4.8% on a year-over-year basis. On average, equities research analysts predict that BorgWarner Inc. will post 4.23 EPS for the current fiscal year.

BorgWarner Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a $0.11 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.44 annualized dividend and a yield of 1.35%. BorgWarner’s dividend payout ratio (DPR) is presently 11.17%.

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.