BorgWarner Inc. (NYSE:BWA) Shares Bought by Lodge Hill Capital LLC

Lodge Hill Capital LLC raised its stake in shares of BorgWarner Inc. (NYSE:BWA - Free Report) by 11.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 431,270 shares of the auto parts company's stock after purchasing an additional 45,770 shares during the quarter. BorgWarner accounts for 3.8% of Lodge Hill Capital LLC's portfolio, making the stock its 13th largest holding. Lodge Hill Capital LLC owned approximately 0.20% of BorgWarner worth $13,710,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BWA. Marshall Wace LLP lifted its position in BorgWarner by 373.9% during the 4th quarter. Marshall Wace LLP now owns 31,734 shares of the auto parts company's stock valued at $1,009,000 after purchasing an additional 25,037 shares during the period. Zacks Investment Management bought a new stake in BorgWarner during the 4th quarter worth about $286,000. Jump Financial LLC grew its stake in BorgWarner by 31.9% in the fourth quarter. Jump Financial LLC now owns 26,573 shares of the auto parts company's stock valued at $845,000 after purchasing an additional 6,431 shares in the last quarter. Bridgewater Associates LP lifted its stake in BorgWarner by 57.6% in the fourth quarter. Bridgewater Associates LP now owns 597,124 shares of the auto parts company's stock valued at $18,983,000 after acquiring an additional 218,177 shares during the last quarter. Finally, XTX Topco Ltd raised its stake in BorgWarner by 52.5% in the fourth quarter. XTX Topco Ltd now owns 11,511 shares of the auto parts company's stock valued at $366,000 after buying an additional 3,961 shares during the period. 95.67% of the stock is currently owned by institutional investors.

Insider Activity at BorgWarner

In related news, CAO Tonit M. Calaway sold 8,300 shares of the firm's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $30.07, for a total value of $249,581.00. Following the completion of the transaction, the chief accounting officer now owns 242,257 shares in the company, valued at $7,284,667.99. This trade represents a 3.31 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Tania Wingfield sold 24,000 shares of BorgWarner stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $28.79, for a total value of $690,960.00. Following the transaction, the executive vice president now owns 39,110 shares of the company's stock, valued at $1,125,976.90. The trade was a 38.03 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 45,800 shares of company stock worth $1,347,701 in the last quarter. 0.45% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have weighed in on BWA shares. UBS Group reiterated a "neutral" rating and set a $31.00 price objective (down previously from $38.00) on shares of BorgWarner in a research report on Thursday, April 10th. The Goldman Sachs Group upgraded BorgWarner from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $31.00 to $34.00 in a research report on Thursday, April 10th. 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. JPMorgan Chase & Co. cut their target price on shares of BorgWarner from $51.00 to $49.00 and set an "overweight" rating on the stock in a research report on Monday, January 27th. Finally, StockNews.com cut BorgWarner from a "buy" rating to a "hold" rating in a research note on Saturday, April 12th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $37.19.

BorgWarner Stock Performance

BWA stock traded up $0.62 during midday trading on Tuesday, reaching $26.88. 267,649 shares of the company's stock traded hands, compared to its average volume of 2,780,123. The stock has a market cap of $5.91 billion, a P/E ratio of 18.77, a PEG ratio of 0.77 and a beta of 1.12. The company has a current ratio of 1.79, a quick ratio of 1.45 and a debt-to-equity ratio of 0.66. The stock's 50-day moving average is $28.33 and its 200 day moving average is $31.47. BorgWarner Inc. has a 52-week low of $24.40 and a 52-week high of $38.23.

BorgWarner (NYSE:BWA - Get Free Report) last issued its earnings results on Thursday, February 6th. The auto parts company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.08. BorgWarner had a return on equity of 15.93% and a net margin of 2.40%. As a group, analysts anticipate that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.44 annualized dividend and a dividend yield of 1.64%. BorgWarner's dividend payout ratio (DPR) is presently 30.77%.

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.