Is Buying Borgwarner Incorporated (NYSE:BWA) Here Good Idea?

September 17, 2017 - By Nellie Frank

 Is Buying Borgwarner Incorporated (NYSE:BWA) Here Good Idea?

Investors sentiment decreased to 0.98 in 2016 Q4. Its down 0.18, from 1.16 in 2016Q3. It worsened, as 52 investors sold BorgWarner Inc. shares while 156 reduced holdings. 74 funds opened positions while 129 raised stakes. 187.95 million shares or 5.91% more from 177.47 million shares in 2016Q3 were reported.
Lsv Asset Mngmt holds 0.01% of its portfolio in BorgWarner Inc. (NYSE:BWA) for 171,200 shares. Legal & General Group Public Ltd Liability Corporation reported 0.04% stake. Smith Moore & owns 12,246 shares for 0.18% of their portfolio. Morgens Waterfall Vintiadis And Company Incorporated reported 0.57% stake. Ent Fincl invested in 0% or 28 shares. Honeywell International Incorporated invested in 336,100 shares. Georgia-based Suntrust Banks has invested 0.01% in BorgWarner Inc. (NYSE:BWA). Essex Financial Inc holds 8,790 shares or 0.07% of its portfolio. Van Eck Assoc holds 0% of its portfolio in BorgWarner Inc. (NYSE:BWA) for 2,531 shares. Reinhart Prns reported 689,944 shares. Chevy Chase Trust Inc invested 0.04% of its portfolio in BorgWarner Inc. (NYSE:BWA). Princeton Port Strategies Group Lc owns 26,100 shares. Crestpoint Capital Mngmt Ltd stated it has 0.61% in BorgWarner Inc. (NYSE:BWA). Amalgamated Bank & Trust owns 15,190 shares for 0.03% of their portfolio. The United Kingdom-based Kiltearn Ptnrs Limited Liability Partnership has invested 4.33% in BorgWarner Inc. (NYSE:BWA).

Since May 5, 2017, it had 0 insider purchases, and 2 selling transactions for $200,871 activity. $156,811 worth of BorgWarner Inc. (NYSE:BWA) was sold by Hundzinski Ronald T on Friday, May 5. $44,060 worth of stock was sold by Cuneo Dennis C on Tuesday, June 13.

The stock of Borgwarner Incorporated (NYSE:BWA) registered an increase of 17.9% in short interest. BWA’s total short interest was 12.25 million shares in September as published by FINRA. Its up 17.9% from 10.39M shares, reported previously. With 1.92M shares average volume, it will take short sellers 6 days to cover their BWA’s short positions. The short interest to Borgwarner Incorporated’s float is 6.12%.

The stock increased 1.02% or $0.49 on September 15, reaching $48.76. About 2.10 million shares traded or 18.64% up from the average. BorgWarner Inc. (NYSE:BWA) has risen 25.00% since September 17, 2016 and is uptrending. It has outperformed by 8.30% the S&P500.

BorgWarner Inc. is engaged in providing technology solutions for combustion, hybrid and electric vehicles. The company has market cap of $10.29 billion. The Company’s divisions include Engine and Drivetrain. It has a 54.37 P/E ratio. The Engine segment’s products include turbochargers, timing devices and chains, emissions systems and thermal systems.

BorgWarner Inc. (NYSE:BWA) Ratings Coverage

Among 20 analysts covering Borgwarner Inc. (NYSE:BWA), 5 have Buy rating, 4 Sell and 11 Hold. Therefore 25% are positive. Borgwarner Inc. had 54 analyst reports since August 3, 2015 according to SRatingsIntel. On Wednesday, January 4 the stock rating was downgraded by Evercore to “Hold”. RBC Capital Markets maintained it with “Hold” rating and $4400 target in Tuesday, July 11 report. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, July 28 report. The rating was initiated by Jefferies with “Buy” on Wednesday, November 30. The firm earned “Underperform” rating on Thursday, January 14 by Credit Agricole. The firm earned “Neutral” rating on Friday, August 28 by Robert W. Baird. The firm has “Outperform” rating by RBC Capital Markets given on Friday, July 31. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, October 30. On Monday, January 25 the stock rating was maintained by Barclays Capital with “Equalweight”. Jefferies maintained the stock with “Buy” rating in Monday, August 28 report.

More recent BorgWarner Inc. (NYSE:BWA) news were published by: Nasdaq.com which released: “BorgWarner Reaches Analyst Target Price” on September 07, 2017. Also Nasdaq.com published the news titled: “BorgWarner Inc. (BWA) Ex-Dividend Date Scheduled for August 30, 2017” on August 29, 2017. Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: Flowers Foods, BorgWarner and Cooper Tire & Rubber” with publication date: August 28, 2017 was also an interesting one.

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