Is Borgwarner Inc (NYSE:BWA) a Buy? The Stock Reported Less Sellers

April 20, 2018 - By Kurt Siggers

BorgWarner Inc. (NYSE:BWA) Logo

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.04, from 1.01 in 2017Q3. It is negative, as 31 investors sold BorgWarner Inc. shares while 189 reduced holdings. 64 funds opened positions while 149 raised stakes. 196.45 million shares or 0.36% more from 195.75 million shares in 2017Q3 were reported.
Cornerstone Investment Prtnrs Limited Liability reported 3.62% stake. 429 are owned by First Manhattan. Lmr Prns Llp has 19,819 shares. 30,245 are owned by Walleye Trading Limited Liability Corp. Art Advsrs Limited Liability owns 140,100 shares. Maryland-based Proshare Advsr Ltd Liability Corporation has invested 0.02% in BorgWarner Inc. (NYSE:BWA). Dnb Asset Mngmt As holds 0.42% or 688,475 shares. Franklin Street Nc accumulated 45,585 shares or 0.35% of the stock. Stone Ridge Asset Limited Liability Company holds 24,878 shares or 0.08% of its portfolio. Moreover, Oregon Pub Employees Retirement Fund has 0.06% invested in BorgWarner Inc. (NYSE:BWA). Cibc Ww Markets stated it has 44,747 shares or 0.02% of all its holdings. Thomas White Limited has 0.32% invested in BorgWarner Inc. (NYSE:BWA). Bp Public Ltd Liability accumulated 0.14% or 78,000 shares. Lingohr And Partner Asset Gmbh stated it has 0.47% in BorgWarner Inc. (NYSE:BWA). Massmutual Tru Communications Fsb Adv invested in 2,265 shares or 0% of the stock.

Since December 18, 2017, it had 0 buys, and 2 insider sales for $2.09 million activity. 38,409 BorgWarner Inc. (NYSE:BWA) shares with value of $2.02M were sold by GASPAROVIC JOHN J.

The stock of Borgwarner Inc (NYSE:BWA) registered a decrease of 5.27% in short interest. BWA’s total short interest was 9.57 million shares in April as published by FINRA. Its down 5.27% from 10.10 million shares, reported previously. With 1.38 million shares average volume, it will take short sellers 7 days to cover their BWA’s short positions. The short interest to Borgwarner Inc’s float is 4.83%.

The stock decreased 2.30% or $1.24 during the last trading session, reaching $52.67. About 1.02 million shares traded. BorgWarner Inc. (NYSE:BWA) has risen 19.42% since April 20, 2017 and is uptrending. It has outperformed by 7.87% the S&P500.

BorgWarner Inc. provides solutions for combustion, hybrid, and electric vehicles worldwide. The company has market cap of $11.10 billion. The firm operates through two divisions, Engine and Drivetrain. It has a 25.32 P/E ratio. The Engine segment develops and makes turbochargers; and timing systems, such as timing chains, variable cam timing products, crankshaft and camshaft sprockets, tensioners, guides and snubbers, HY-VO front-wheel drive transmission chains, and four-wheel drive chains for light vehicles.

BorgWarner Inc. (NYSE:BWA) Ratings Coverage

Among 11 analysts covering BorgWarner (NYSE:BWA), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. BorgWarner has $75.0 highest and $54 lowest target. $61.80’s average target is 17.33% above currents $52.67 stock price. BorgWarner had 14 analyst reports since October 26, 2017 according to SRatingsIntel. On Friday, February 9 the stock rating was maintained by Wells Fargo with “Market Perform”. The firm earned “Neutral” rating on Monday, October 30 by Citigroup. The firm earned “Hold” rating on Monday, January 8 by Guggenheim. Cowen & Co initiated BorgWarner Inc. (NYSE:BWA) rating on Monday, April 16. Cowen & Co has “Buy” rating and $6000 target. The rating was maintained by BMO Capital Markets on Monday, October 30 with “Outperform”. The stock of BorgWarner Inc. (NYSE:BWA) has “Buy” rating given on Wednesday, March 14 by Susquehanna. The firm earned “Buy” rating on Wednesday, December 6 by Oppenheimer. The stock of BorgWarner Inc. (NYSE:BWA) earned “Buy” rating by KeyBanc Capital Markets on Thursday, October 26. Robert W. Baird maintained the stock with “Buy” rating in Friday, February 9 report. The stock of BorgWarner Inc. (NYSE:BWA) earned “Overweight” rating by Morgan Stanley on Thursday, March 22.

BorgWarner Inc. (NYSE:BWA) Institutional Positions Chart

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