Rothschild Investment LLC Sells 1,820 Shares of BorgWarner Inc. (NYSE:BWA)

Rothschild Investment LLC lowered its stake in shares of BorgWarner Inc. (NYSE:BWA) by 33.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,675 shares of the auto parts company’s stock after selling 1,820 shares during the quarter. Rothschild Investment LLC’s holdings in BorgWarner were worth $117,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BWA. Brooklyn Investment Group bought a new stake in BorgWarner during the third quarter worth $32,000. True Wealth Design LLC bought a new stake in BorgWarner during the third quarter worth $38,000. Avior Wealth Management LLC grew its holdings in BorgWarner by 31.3% during the fourth quarter. Avior Wealth Management LLC now owns 1,435 shares of the auto parts company’s stock worth $46,000 after buying an additional 342 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in BorgWarner during the third quarter worth $62,000. Finally, Principal Securities Inc. grew its holdings in BorgWarner by 59.1% during the fourth 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 in the last quarter. Institutional investors own 95.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. 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. The Goldman Sachs Group cut their price objective on BorgWarner from $35.00 to $31.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. StockNews.com cut BorgWarner from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Wells Fargo & Company boosted their price objective on BorgWarner from $40.00 to $41.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on BorgWarner from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Monday, November 4th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $40.57.

BorgWarner Stock Performance

NYSE:BWA opened at $29.97 on Wednesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.45 and a current ratio of 1.79. BorgWarner Inc. has a 52-week low of $28.65 and a 52-week high of $38.22. The firm has a market cap of $6.55 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 0.77 and a beta of 1.18. The business’s fifty day moving average is $31.35 and its 200 day moving average is $33.04.

BorgWarner (NYSE:BWA) last released its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.08. BorgWarner had a return on equity of 15.93% and a net margin of 2.40%. Research analysts predict that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The firm 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 of this dividend is Monday, March 3rd. This represents a $0.44 dividend on an annualized basis and a yield of 1.47%. BorgWarner’s dividend payout ratio is currently 30.77%.

Insiders Place Their Bets

In related news, CAO Tonit M. Calaway sold 13,500 shares of the stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $30.16, for a total transaction of $407,160.00. Following the completion of the sale, the chief accounting officer now directly owns 259,310 shares in the company, valued at $7,820,789.60. This represents a 4.95 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.45% of the company’s stock.

About BorgWarner

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.