Leeward Investments LLC MA Decreases Stock Holdings in BorgWarner Inc. (NYSE:BWA)

Leeward Investments LLC MA lowered its position in shares of BorgWarner Inc. (NYSE:BWA) by 3.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 146,094 shares of the auto parts company’s stock after selling 5,002 shares during the period. Leeward Investments LLC MA’s holdings in BorgWarner were worth $4,644,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Brooklyn Investment Group bought a new position in shares of BorgWarner during the third quarter valued at about $32,000. True Wealth Design LLC purchased a new position in BorgWarner during the 3rd quarter valued at about $38,000. Avior Wealth Management LLC raised 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 valued at $46,000 after purchasing an additional 342 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in BorgWarner in the 3rd quarter worth approximately $62,000. Finally, Principal Securities Inc. grew its position in shares of BorgWarner by 59.1% in the 4th quarter. Principal Securities Inc. now owns 1,939 shares of the auto parts company’s stock worth $62,000 after buying an additional 720 shares during the last quarter. Institutional investors own 95.67% of the company’s stock.

BorgWarner Trading Down 2.5 %

BorgWarner stock opened at $29.49 on Monday. BorgWarner Inc. has a 12 month low of $28.65 and a 12 month high of $38.22. The company has a market capitalization of $6.45 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 0.77 and a beta of 1.18. The business’s fifty day simple moving average is $31.48 and its two-hundred day simple moving average is $33.07. The company has a current ratio of 1.79, a quick ratio of 1.45 and a debt-to-equity ratio of 0.66.

BorgWarner (NYSE:BWA) last announced its quarterly 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 net margin of 2.40% and a return on equity of 15.93%. As a group, equities analysts predict that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently declared 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. This represents a $0.44 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Monday, March 3rd. BorgWarner’s dividend payout ratio (DPR) is currently 30.77%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. StockNews.com downgraded BorgWarner from a “buy” rating to a “hold” rating in a report on Friday, February 7th. Wells Fargo & Company raised their target price on shares of BorgWarner from $40.00 to $41.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. 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. Guggenheim reissued a “buy” rating and issued a $41.00 price target on shares of BorgWarner in a research note on Thursday, December 12th. Finally, Evercore ISI cut their price objective on BorgWarner from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday, February 10th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $40.57.

Insider Buying and Selling

In other BorgWarner news, CAO Tonit M. Calaway sold 13,500 shares of BorgWarner stock in a transaction on Monday, February 10th. The stock was sold at an average price of $30.16, for a total value of $407,160.00. Following the completion of the sale, the chief accounting officer now owns 259,310 shares of the company’s stock, valued at approximately $7,820,789.60. This trade represents a 4.95 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Stefan Demmerle sold 20,544 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $34.28, for a total value of $704,248.32. Following the transaction, the vice president now directly owns 206,969 shares in the company, valued at approximately $7,094,897.32. The trade was a 9.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.45% of the stock is owned by company insiders.

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.