Rothschild Investment LLC Lowers Position in BorgWarner Inc. (NYSE:BWA)

Rothschild Investment LLC trimmed its holdings in BorgWarner Inc. (NYSE:BWA) by 33.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,675 shares of the auto parts company’s stock after selling 1,820 shares during the period. Rothschild Investment LLC’s holdings in BorgWarner were worth $117,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in BWA. Pacer Advisors Inc. lifted its position 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 valued at $168,638,000 after acquiring an additional 4,625,685 shares in the last quarter. Swedbank AB grew its stake in shares of BorgWarner by 91.7% during the fourth quarter. Swedbank AB now owns 1,618,550 shares of the auto parts company’s stock valued at $51,454,000 after buying an additional 774,438 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of BorgWarner by 3,195.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 586,388 shares of the auto parts company’s stock valued at $18,366,000 after purchasing an additional 568,594 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its holdings 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 purchasing an additional 445,540 shares during the period. Finally, Bridgewater Associates LP boosted its holdings in shares of BorgWarner by 4,509.5% in the third 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. 95.67% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CAO Tonit M. Calaway sold 13,500 shares of BorgWarner stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $30.16, for a total value of $407,160.00. Following the transaction, the chief accounting officer now directly owns 259,310 shares in the company, valued at approximately $7,820,789.60. The trade was a 4.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.45% of the company’s stock.

BorgWarner Stock Up 0.8 %

Shares of BorgWarner stock opened at $29.97 on Wednesday. The business’s fifty day moving average price is $31.35 and its two-hundred day moving average price is $33.04. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.79 and a quick ratio of 1.45. The company has a market capitalization of $6.55 billion, a P/E ratio of 20.95, a PEG ratio of 0.77 and a beta of 1.18. BorgWarner Inc. has a 1-year low of $28.65 and a 1-year high of $38.22.

BorgWarner (NYSE:BWA) last issued its earnings results on Thursday, February 6th. The auto parts company reported $1.01 earnings per share (EPS) 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%. As a group, research analysts forecast that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Dividend Announcement

The company 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 dividend on an annualized basis and a yield of 1.47%. BorgWarner’s payout ratio is 30.77%.

Analysts Set New Price Targets

BWA has been the subject of a number of analyst reports. StockNews.com lowered BorgWarner from a “buy” rating to a “hold” rating in a report on Friday, February 7th. Guggenheim reiterated a “buy” rating and set a $41.00 price objective on shares of BorgWarner in a research note on Thursday, December 12th. The Goldman Sachs Group dropped their price objective on shares of BorgWarner from $35.00 to $31.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of BorgWarner from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Monday, November 4th. Finally, JPMorgan Chase & Co. decreased their target price on BorgWarner from $51.00 to $49.00 and set an “overweight” rating on the stock in a research report on Monday, January 27th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $40.57.

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.