292,102 Shares in BorgWarner Inc. (NYSE:BWA) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of BorgWarner Inc. (NYSE:BWA - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 292,102 shares of the auto parts company's stock, valued at approximately $9,286,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.13% of BorgWarner at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of BWA. Dimensional Fund Advisors LP boosted its stake in BorgWarner by 7.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,284,040 shares of the auto parts company's stock valued at $358,720,000 after acquiring an additional 753,344 shares during the last quarter. Invesco Ltd. lifted its stake in BorgWarner by 10.2% in the fourth quarter. Invesco Ltd. now owns 6,795,020 shares of the auto parts company's stock valued at $216,014,000 after purchasing an additional 628,930 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of BorgWarner by 6.8% during the 4th quarter. Alliancebernstein L.P. now owns 5,981,196 shares of the auto parts company's stock valued at $190,142,000 after buying an additional 381,504 shares during the last quarter. LSV Asset Management grew its stake in shares of BorgWarner by 22.5% during the 4th quarter. LSV Asset Management now owns 4,308,145 shares of the auto parts company's stock worth $136,956,000 after acquiring an additional 792,100 shares during the period. Finally, Turtle Creek Asset Management Inc. increased its holdings in BorgWarner by 7.0% in the 4th quarter. Turtle Creek Asset Management Inc. now owns 4,078,780 shares of the auto parts company's stock worth $129,664,000 after acquiring an additional 267,250 shares during the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

BorgWarner Trading Down 1.6%

Shares of NYSE BWA traded down $0.51 during trading on Wednesday, hitting $32.12. 2,034,441 shares of the company were exchanged, compared to its average volume of 2,681,543. 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 12-month low of $24.40 and a 12-month high of $37.29. The company has a fifty day moving average price of $29.54 and a 200-day moving average price of $30.79. The firm has a market capitalization of $7.06 billion, a PE ratio of 22.46, a P/E/G ratio of 0.77 and a beta of 1.08.

BorgWarner (NYSE:BWA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The auto parts company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.13. BorgWarner had a return on equity of 15.93% and a net margin of 2.40%. The firm had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.39 billion. During the same quarter in the previous year, the business earned $1.03 EPS. The company's quarterly revenue was down 2.2% compared to the same quarter last year. As a group, equities research analysts expect that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 1.37%. BorgWarner's dividend payout ratio (DPR) is currently 35.20%.

Wall Street Analysts Forecast Growth

BWA has been the topic of several recent analyst reports. Evercore ISI lowered their target price on shares of BorgWarner from $43.00 to $40.00 and set an "outperform" rating on the stock in a research note on Monday, February 10th. TD Cowen cut shares of BorgWarner from a "buy" rating to a "hold" rating and set a $31.00 price objective on the stock. in a research report on Friday, March 7th. UBS Group raised their price objective on BorgWarner from $31.00 to $35.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Morgan Stanley cut their price target on shares of BorgWarner from $45.00 to $40.00 and set an "overweight" rating for the company in a research report on Monday, March 3rd. Finally, Barclays lowered their price target on shares of BorgWarner from $42.00 to $35.00 and set an "overweight" rating for the company in a report on Tuesday, April 15th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $37.73.

Insider Buying and Selling

In related news, CAO Tonit M. Calaway sold 8,300 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $30.07, for a total transaction of $249,581.00. Following the completion of the transaction, the chief accounting officer now owns 242,257 shares of the company's stock, valued at approximately $7,284,667.99. This represents a 3.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Isabelle Mckenzie sold 5,000 shares of the firm's stock in a transaction on Friday, May 16th. The shares were sold at an average price of $33.25, for a total transaction of $166,250.00. Following the sale, the vice president now directly owns 63,445 shares of the company's stock, valued at approximately $2,109,546.25. The trade was a 7.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 41,036 shares of company stock valued at $1,326,404 over the last quarter. Company insiders own 0.45% of the company's stock.

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.