Granite Point Capital Management LP Increases Holding in Himax Technologies (HIMX); Spears Abacus Advisors Has Cut Its Delphi Automotive Plc (DLPH) Stake by $558,110 as Valuation Rose

February 21, 2018 - By Peter Erickson

Warren Lammert increased its stake in Himax Technologies Inc (HIMX) by 74.22% based on its latest 2017Q3 regulatory filing with the SEC. Granite Point Capital Management Lp bought 548,100 shares as the company’s stock declined 2.59% while stock markets rallied. The hedge fund run by Warren Lammert held 1.29M shares of the technology company at the end of 2017Q3, valued at $14.06M, up from 738,500 at the end of the previous reported quarter. Granite Point Capital Management Lp who had been investing in Himax Technologies Inc for a number of months, seems to be bullish on the $1.40 billion market cap company. The stock increased 2.39% or $0.19 during the last trading session, reaching $8.13. About 3.28M shares traded. Himax Technologies, Inc. (NASDAQ:HIMX) has declined 20.28% since February 21, 2017 and is downtrending. It has underperformed by 36.98% the S&P500.

Spears Abacus Advisors Llc decreased its stake in Delphi Automotive Plc (DLPH) by 1.39% based on its latest 2017Q3 regulatory filing with the SEC. Spears Abacus Advisors Llc sold 5,695 shares as the company’s stock rose 13.84% with the market. The institutional investor held 405,348 shares of the o.e.m. company at the end of 2017Q3, valued at $39.89M, down from 411,043 at the end of the previous reported quarter. Spears Abacus Advisors Llc who had been investing in Delphi Automotive Plc for a number of months, seems to be less bullish one the $4.34B market cap company. The stock decreased 3.74% or $1.9 during the last trading session, reaching $48.97. About 1.61M shares traded. Delphi Technologies PLC (NYSE:DLPH) has risen 30.43% since February 21, 2017 and is uptrending. It has outperformed by 13.73% the S&P500.

Investors sentiment increased to 1.32 in Q3 2017. Its up 0.22, from 1.1 in 2017Q2. It is positive, as 30 investors sold DLPH shares while 173 reduced holdings. 83 funds opened positions while 185 raised stakes. 236.59 million shares or 5.31% less from 249.87 million shares in 2017Q2 were reported. Comerica Bankshares holds 0.08% in Delphi Technologies PLC (NYSE:DLPH) or 112,384 shares. Cantab Prns Limited Liability Partnership stated it has 0.07% of its portfolio in Delphi Technologies PLC (NYSE:DLPH). Allsquare Wealth Mgmt Lc accumulated 297 shares. Agf Invests America holds 2.99% or 79,569 shares. 1,659 are held by Huntington Bancshares. Atwood & Palmer holds 2.93% or 205,338 shares in its portfolio. California State Teachers Retirement Systems, a California-based fund reported 455,584 shares. Nuveen Asset Mngmt Limited Liability Corp reported 274,027 shares. Tru Department Mb Bancorp N A holds 0.01% or 1,131 shares. Commonwealth Retail Bank Of Australia stated it has 29,920 shares. Wells Fargo & Co Mn invested in 0.06% or 1.81M shares. Bnp Paribas Arbitrage invested in 0.06% or 228,789 shares. Zeke Ltd stated it has 0.06% in Delphi Technologies PLC (NYSE:DLPH). Glendon Cap Mngmt Limited Partnership, a California-based fund reported 26,468 shares. Palouse Capital Mgmt stated it has 1.99% of its portfolio in Delphi Technologies PLC (NYSE:DLPH).

Since September 25, 2017, it had 1 buying transaction, and 2 sales for $1.63 million activity. COWGER GARY L sold $836,682 worth of stock. 1,000 shares were bought by DELLAQUILA FRANK J, worth $83,880.

Among 26 analysts covering Delphi Automotive LLP (NYSE:DLPH), 19 have Buy rating, 0 Sell and 7 Hold. Therefore 73% are positive. Delphi Automotive LLP had 84 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, November 30 by Jefferies. On Monday, July 10 the stock rating was maintained by Piper Jaffray with “Buy”. The rating was upgraded by UBS to “Buy” on Tuesday, March 15. The stock of Delphi Technologies PLC (NYSE:DLPH) has “Buy” rating given on Friday, October 13 by KeyBanc Capital Markets. On Thursday, September 21 the stock rating was maintained by Robert W. Baird with “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, November 2 report. The rating was upgraded by CLSA on Friday, July 31 to “Buy”. The firm has “Buy” rating given on Thursday, August 3 by Deutsche Bank. Barclays Capital maintained Delphi Technologies PLC (NYSE:DLPH) rating on Thursday, August 4. Barclays Capital has “Overweight” rating and $83 target. The firm earned “Outperform” rating on Friday, March 17 by RBC Capital Markets.

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