BorgWarner Inc. (NYSE:BWA) Shares Sold by Savant Capital LLC

Savant Capital LLC trimmed its position in shares of BorgWarner Inc. (NYSE:BWA - Free Report) by 31.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,047 shares of the auto parts company's stock after selling 18,475 shares during the period. Savant Capital LLC's holdings in BorgWarner were worth $1,273,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its holdings in shares of BorgWarner by 21,752.6% in the third quarter. Pacer Advisors Inc. now owns 4,646,950 shares of the auto parts company's stock valued at $168,638,000 after purchasing an additional 4,625,685 shares during the period. Swedbank AB increased its holdings in BorgWarner by 91.7% during the 4th quarter. Swedbank AB now owns 1,618,550 shares of the auto parts company's stock worth $51,454,000 after purchasing an additional 774,438 shares during the period. Hotchkis & Wiley Capital Management LLC raised its position in BorgWarner by 19.2% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,764,103 shares of the auto parts company's stock valued at $100,309,000 after purchasing an additional 445,540 shares in the last quarter. Bridgewater Associates LP lifted its holdings in shares of BorgWarner by 4,509.5% in the 3rd quarter. Bridgewater Associates LP now owns 378,947 shares of the auto parts company's stock worth $13,752,000 after buying an additional 370,726 shares during the period. Finally, Ninety One UK Ltd grew its position in shares of BorgWarner by 22.5% during the 4th quarter. Ninety One UK Ltd now owns 1,963,721 shares of the auto parts company's stock worth $62,427,000 after buying an additional 361,112 shares in the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on BWA. StockNews.com downgraded BorgWarner from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Wells Fargo & Company upped their price target on shares of BorgWarner from $40.00 to $41.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. Evercore ISI dropped their price objective 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. Barclays reduced their price objective on shares of BorgWarner from $43.00 to $42.00 and set an "overweight" rating for the company in a research note on Tuesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on BorgWarner from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Monday, November 4th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $40.20.

Insider Activity at BorgWarner

In other BorgWarner news, CAO Tonit M. Calaway sold 13,500 shares of BorgWarner stock in a transaction that occurred on Monday, February 10th. The shares were 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 approximately $7,820,789.60. The trade was a 4.95 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Stefan Demmerle sold 20,544 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $34.28, for a total transaction of $704,248.32. Following the completion of the sale, the vice president now owns 206,969 shares in the company, valued at $7,094,897.32. The trade was a 9.03 % decrease in their position. The disclosure for this sale can be found here. 0.45% of the stock is owned by insiders.

BorgWarner Stock Up 2.9 %

BorgWarner stock traded up $0.84 during midday trading on Monday, reaching $30.24. The company's stock had a trading volume of 2,915,066 shares, compared to its average volume of 2,566,885. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.79 and a quick ratio of 1.48. The stock has a market capitalization of $6.61 billion, a P/E ratio of 21.15, a PEG ratio of 0.63 and a beta of 1.18. The stock's 50-day simple moving average is $31.87 and its 200-day simple moving average is $33.14. BorgWarner Inc. has a 52-week low of $28.65 and a 52-week high of $38.22.

BorgWarner (NYSE:BWA - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.93 by $0.08. BorgWarner had a net margin of 2.40% and a return on equity of 15.93%. On average, sell-side analysts expect that BorgWarner Inc. will post 4.54 EPS for the current year.

BorgWarner Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Monday, March 3rd. 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.