Edmp Inc. Has $1.51 Million Stock Holdings in BorgWarner Inc. (NYSE:BWA)

Edmp Inc. boosted its stake in BorgWarner Inc. (NYSE:BWA) by 1.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 47,405 shares of the auto parts company’s stock after buying an additional 518 shares during the period. BorgWarner comprises approximately 1.4% of Edmp Inc.’s investment portfolio, making the stock its 29th biggest position. Edmp Inc.’s holdings in BorgWarner were worth $1,508,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Brooklyn Investment Group acquired a new position in shares of BorgWarner in the third quarter valued at approximately $32,000. True Wealth Design LLC acquired a new position in BorgWarner in the 3rd quarter valued at $38,000. Avior Wealth Management LLC increased its position in BorgWarner by 31.3% during the 4th quarter. Avior Wealth Management LLC now owns 1,435 shares of the auto parts company’s stock worth $46,000 after buying an additional 342 shares during the period. Trust Co. of Vermont lifted its holdings in shares of BorgWarner by 88.1% during the third quarter. Trust Co. of Vermont now owns 1,377 shares of the auto parts company’s stock worth $50,000 after buying an additional 645 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of BorgWarner in the third quarter valued at about $62,000. 95.67% of the stock is owned by institutional investors.

BorgWarner Stock Performance

NYSE BWA opened at $29.33 on Tuesday. The company has a market capitalization of $6.41 billion, a price-to-earnings ratio of 20.51, a PEG ratio of 0.63 and a beta of 1.18. The company has a quick ratio of 1.48, a current ratio of 1.79 and a debt-to-equity ratio of 0.66. BorgWarner Inc. has a twelve month low of $29.28 and a twelve month high of $38.22. The stock has a fifty day simple moving average of $32.32 and a 200 day simple moving average of $33.27.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.08. BorgWarner had a return on equity of 15.93% and a net margin of 2.40%. Sell-side analysts expect that BorgWarner Inc. will post 4.54 EPS for the current 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 $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Monday, March 3rd. BorgWarner’s dividend payout ratio is 30.77%.

Insider Activity at BorgWarner

In other BorgWarner news, VP Stefan Demmerle sold 21,500 shares of the business’s 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 transaction, the vice president now directly owns 227,513 shares of the company’s stock, valued at approximately $7,915,177.27. The trade was a 8.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.45% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on BWA. Deutsche Bank Aktiengesellschaft raised their price target on shares of BorgWarner from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Monday, November 4th. The Goldman Sachs Group cut their price target on BorgWarner from $35.00 to $31.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Wells Fargo & Company lifted their price objective on BorgWarner from $40.00 to $41.00 and gave the company an “overweight” rating in a report on Friday. StockNews.com lowered BorgWarner from a “buy” rating to a “hold” rating in a report on Friday. Finally, Barclays dropped their price target on BorgWarner from $47.00 to $43.00 and set an “overweight” rating for the company in a research note on Wednesday, January 22nd. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $40.27.

BorgWarner Company 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.