BorgWarner Inc. (NYSE:BWA) Position Raised by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV raised its stake in BorgWarner Inc. (NYSE:BWA – Get Rating) by 12.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,579 shares of the auto parts company’s stock after buying an additional 857 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in BorgWarner were worth $305,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of BWA. JPMorgan Chase & Co. increased its holdings in shares of BorgWarner by 25.2% in the first quarter. JPMorgan Chase & Co. now owns 371,687 shares of the auto parts company’s stock valued at $14,458,000 after buying an additional 74,902 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of BorgWarner by 86.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 22,086 shares of the auto parts company’s stock valued at $859,000 after buying an additional 10,257 shares in the last quarter. MetLife Investment Management LLC increased its holdings in shares of BorgWarner by 23.1% in the first quarter. MetLife Investment Management LLC now owns 65,231 shares of the auto parts company’s stock valued at $2,537,000 after buying an additional 12,257 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of BorgWarner by 6.6% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 32,082 shares of the auto parts company’s stock valued at $1,248,000 after buying an additional 1,987 shares in the last quarter. Finally, Yousif Capital Management LLC increased its holdings in shares of BorgWarner by 1.8% in the first quarter. Yousif Capital Management LLC now owns 46,314 shares of the auto parts company’s stock valued at $1,802,000 after buying an additional 840 shares in the last quarter. Institutional investors own 91.44% of the company’s stock.

Wall Street Analyst Weigh In

BWA has been the topic of several research analyst reports. Bank of America cut shares of BorgWarner from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $78.00 to $50.00 in a research report on Monday, January 9th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of BorgWarner from $53.00 to $58.00 and gave the stock a “buy” rating in a research report on Friday, February 10th. Oppenheimer lifted their price objective on shares of BorgWarner from $50.00 to $57.00 and gave the stock an “outperform” rating in a research report on Friday, February 10th. StockNews.com initiated coverage on shares of BorgWarner in a research report on Thursday. They set a “strong-buy” rating on the stock. Finally, Citigroup lifted their price objective on shares of BorgWarner from $44.00 to $46.00 and gave the stock a “neutral” rating in a research report on Friday, January 13th. Six equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, BorgWarner currently has an average rating of “Moderate Buy” and an average target price of $52.91.

BorgWarner Trading Down 2.6 %

BorgWarner stock opened at $45.74 on Friday. The company’s fifty day simple moving average is $47.40 and its 200-day simple moving average is $41.41. The company has a quick ratio of 1.16, a current ratio of 1.56 and a debt-to-equity ratio of 0.55. BorgWarner Inc. has a 12 month low of $31.14 and a 12 month high of $51.14. The stock has a market cap of $10.71 billion, a P/E ratio of 11.44, a P/E/G ratio of 0.71 and a beta of 1.41.

BorgWarner (NYSE:BWA – Get Rating) last released its quarterly earnings data on Thursday, February 9th. The auto parts company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.18. BorgWarner had a net margin of 5.97% and a return on equity of 14.97%. The business had revenue of $4.11 billion during the quarter, compared to analyst estimates of $3.89 billion. During the same quarter in the previous year, the business earned $1.06 EPS. BorgWarner’s quarterly revenue was up 12.4% compared to the same quarter last year. As a group, sell-side analysts forecast that BorgWarner Inc. will post 4.85 EPS for the current fiscal year.

BorgWarner Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 15th. Investors of record on Wednesday, March 1st were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend was Tuesday, February 28th. BorgWarner’s payout ratio is presently 17.00%.

Insider Activity at BorgWarner

In related news, CFO Kevin Nowlan sold 44,154 shares of BorgWarner stock in a transaction on Thursday, February 16th. The shares were sold at an average price of $50.01, for a total value of $2,208,141.54. Following the completion of the sale, the chief financial officer now owns 83,531 shares of the company’s stock, valued at approximately $4,177,385.31. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other BorgWarner news, CFO Kevin Nowlan sold 44,154 shares of the business’s stock in a transaction on Thursday, February 16th. The shares were sold at an average price of $50.01, for a total transaction of $2,208,141.54. Following the completion of the transaction, the chief financial officer now owns 83,531 shares of the company’s stock, valued at approximately $4,177,385.31. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Craig Aaron sold 9,638 shares of the business’s stock in a transaction on Monday, February 13th. The stock was sold at an average price of $48.29, for a total transaction of $465,419.02. Following the transaction, the vice president now directly owns 13,435 shares of the company’s stock, valued at approximately $648,776.15. The disclosure for this sale can be found here. In the last 90 days, insiders sold 100,707 shares of company stock valued at $5,027,503. Insiders own 0.54% of the company’s stock.

BorgWarner Profile

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BorgWarner, Inc engages in the provision of technology solutions for combustion, hybrid and electric vehicles. It operates through the following segments: Air Management, e-Propulsion & Drivetrain, Fuel Injection, and Aftermarket. The Air Management segment develops and manufactures products to improve fuel economy, reduce emissions and enhance performance.