SG Americas Securities LLC Sells 25,191 Shares of BorgWarner Inc. (NYSE:BWA)

SG Americas Securities LLC decreased its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 82.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,239 shares of the auto parts company’s stock after selling 25,191 shares during the period. SG Americas Securities LLC’s holdings in BorgWarner were worth $167,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Brooklyn Investment Group acquired a new stake in shares of BorgWarner in the 3rd quarter worth about $32,000. True Wealth Design LLC purchased a new stake in shares of BorgWarner in the third quarter worth approximately $38,000. Trust Co. of Vermont lifted its holdings in shares of 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 purchasing an additional 645 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of BorgWarner during the third quarter valued at approximately $62,000. Finally, Capital Performance Advisors LLP bought a new stake in BorgWarner during the third quarter worth $78,000. 95.67% of the stock is owned by institutional investors.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, VP Stefan Demmerle sold 21,500 shares of the company’s stock in a transaction dated 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 in the company, valued at $7,915,177.27. This represents a 8.63 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.45% of the company’s stock.

BorgWarner Price Performance

Shares of NYSE:BWA opened at $30.00 on Monday. The company has a 50-day moving average price of $32.42 and a two-hundred day moving average price of $33.29. BorgWarner Inc. has a twelve month low of $29.33 and a twelve month high of $38.22. The company has a quick ratio of 1.48, a current ratio of 1.79 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $6.56 billion, a PE ratio of 20.98, a P/E/G ratio of 0.63 and a beta of 1.18.

BorgWarner (NYSE:BWA) last released its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.01 earnings per share for the quarter, beating 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%. Equities analysts forecast that BorgWarner Inc. will post 4.54 EPS for the current year.

BorgWarner Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.11 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.44 annualized dividend and a yield of 1.47%. BorgWarner’s dividend payout ratio is currently 30.77%.

Analysts Set New Price Targets

Several brokerages have weighed in on BWA. Evercore ISI upgraded BorgWarner from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $39.00 to $43.00 in a research note on Monday, October 14th. StockNews.com cut shares of BorgWarner from a “buy” rating to a “hold” rating in a report on Friday. JPMorgan Chase & Co. decreased their price objective on shares of BorgWarner from $51.00 to $49.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. Deutsche Bank Aktiengesellschaft boosted their target price on BorgWarner from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Monday, November 4th. Finally, Barclays decreased their price target on BorgWarner from $47.00 to $43.00 and set an “overweight” rating for the company in a research report on Wednesday, January 22nd. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $40.47.

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.