Robeco Institutional Asset Management B.V. Grows Stock Holdings in BorgWarner Inc. (NYSE:BWA)

Robeco Institutional Asset Management B.V. lifted its position in BorgWarner Inc. (NYSE:BWA) by 20.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 826,148 shares of the auto parts company’s stock after buying an additional 142,423 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in BorgWarner were worth $26,263,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Matrix Trust Co purchased a new position in BorgWarner in the third quarter worth $25,000. Brooklyn Investment Group acquired a new stake in shares of BorgWarner in the 3rd quarter worth $32,000. True Wealth Design LLC purchased a new position in BorgWarner during the 3rd quarter worth $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 valued at $46,000 after buying an additional 342 shares in the last quarter. Finally, Trust Co. of Vermont raised its stake in BorgWarner by 88.1% in the third quarter. Trust Co. of Vermont now owns 1,377 shares of the auto parts company’s stock valued at $50,000 after buying an additional 645 shares during the last quarter. Institutional investors own 95.67% of the company’s stock.

BorgWarner Stock Performance

Shares of NYSE BWA opened at $32.86 on Friday. The company has a market capitalization of $7.19 billion, a PE ratio of 8.34, a price-to-earnings-growth ratio of 0.63 and a beta of 1.20. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.48 and a current ratio of 1.84. The company’s fifty day moving average price is $32.83 and its 200 day moving average price is $33.38. BorgWarner Inc. has a 1 year low of $29.51 and a 1 year high of $38.22.

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

BorgWarner Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Monday, December 2nd. BorgWarner’s dividend payout ratio (DPR) is presently 11.17%.

Wall Street Analysts Forecast Growth

BWA has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on BorgWarner from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Monday, November 4th. Barclays cut their price target on shares of BorgWarner from $47.00 to $43.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 22nd. Guggenheim reissued a “buy” rating and set a $41.00 price objective on shares of BorgWarner in a report on Thursday, December 12th. Wells Fargo & Company reduced their target price on BorgWarner from $42.00 to $40.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. Finally, Evercore ISI upgraded BorgWarner from an “in-line” rating to an “outperform” rating and boosted their price target for the company from $39.00 to $43.00 in a research note on Monday, October 14th. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $40.40.

Insider Transactions at BorgWarner

In related news, VP Isabelle Mckenzie sold 5,700 shares of BorgWarner stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $34.62, for a total value of $197,334.00. Following the sale, the vice president now directly 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Stefan Demmerle sold 20,544 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $7,094,897.32. The trade was a 9.03 % 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 three months. 0.45% of the stock is currently owned by company insiders.

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.