On Jun 26, 2018 Goldman Sachs Reports BorgWarner (BWA)’s Rating Change From Neutral to Buy.

June 26, 2018 - By Alex Paulin

BorgWarner Inc. (NYSE:BWA) Corporate Logo

Big Money Sentiment decreased to 0.78 in Q1 2018. It has change of 0.19, from 2017Q4’s 0.97. The ratio dived due to BorgWarner Inc. positioning: 50 sold and 193 reduced. 51 funds took stakes and 138 increased stakes. Investors holded 196.45 million in 2017Q4 but now own 192.10 million shares or 2.22% less.

The Michigan-based Columbia Asset Mgmt has invested 0.24% in BorgWarner Inc. (NYSE:BWA). Howe And Rusling invested in 264 shs. Diamond Hill Capital Mngmt accumulated 2.09% or 8.14 million shs. Neuberger Berman Grp Ltd Liability Com holds 0.05% or 852,961 shs in its capital. Credit Suisse Ag holds 0.02% in BorgWarner Inc. (NYSE:BWA) or 323,503 shs. Renaissance Gru Ltd reported 0.08% in BorgWarner Inc. (NYSE:BWA). Eagle Ridge Management has 1.74% invested in BorgWarner Inc. (NYSE:BWA). Nelson Van Denburg Campbell Wealth Ltd Limited Liability Company reported 4,608 shs stake. Moreover, Alps Advsr has 0% invested in BorgWarner Inc. (NYSE:BWA) for 9,458 shs. First Bancshares Of Omaha owns 42,544 shs or 0.13% of their US capital. Ontario – Canada-based Royal Savings Bank Of Canada has invested 0.01% in BorgWarner Inc. (NYSE:BWA). Victory Cap Mgmt, Ohio-based fund reported 4.14M shs. Chicago Equity Prtn Limited Liability Com owns 11,430 shs. Brown Advisory stated it has 0% of its capital in BorgWarner Inc. (NYSE:BWA). Geode Cap Limited Liability invested in 0.04% or 2.59 million shs.

Goldman Sachs Upgraded BorgWarner (BWA)’s Rating to Buy.

It was reported on Monday, 25 June that Goldman Sachs upped BorgWarner (BWA)‘s rating to Buy. BWA’s old rating was Neutral.

The stock decreased 0.65% or $0.295 during the last trading session, reaching $44.885.Currently BorgWarner Inc. is uptrending after 27.28% change in last June 26, 2017. BWA has also 126,036 shares volume. BWA outperformed by 14.71% the S&P500.

BorgWarner Inc. (NYSE:BWA)’s earnings report is expected by WallStreet on July, 26, RTT reports. Analysts forecast 15.63 % diference or $1.11 from the $0.96 EPS from 2017. If the current EPS of $1.11 is accurate, BWA’s profit could be $233.20M. Wall Street now forecasts 0.91 % EPS growth despite BorgWarner Inc. last quarter’s EPS of $1.10.

BorgWarner Inc. provides solutions for combustion, hybrid, and electric vehicles worldwide.The firm is worth $9.43 billion. It operates through two divisions, Engine and Drivetrain.The P/E ratio is 19.89. 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, front-wheel drive transmission chains, four-wheel drive chains for light vehicles, and hybrid power transmission chains.

For more BorgWarner Inc. (NYSE:BWA) news brought out recently go to: Seekingalpha.com, Prnewswire.com, Seekingalpha.com, Prnewswire.com or Benzinga.com. The titles are as follows: “BorgWarner: Goldman sees 29% upside” brought out on June 25, 2018, “BorgWarner’s Latest AWD Coupling Delivers Dynamic Driving Experience for Lynk & Co 01” on June 25, 2018, “BorgWarner Looks Well-Positioned And Undervalued” with a publish date: May 31, 2018, “Johnson Fistel, Announces Investigation of BorgWarner Inc. (BWA) and Filing of Securities Class Action Lawsuit …” and the last “Benzinga’s Top Upgrades, Downgrades For June 25, 2018” with publication date: June 25, 2018.

BorgWarner Inc. (NYSE:BWA) Institutional Investors Chart

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