Martin Currie LTD Cut Its Delphi Automotive Plc (DLPH) Holding; Western Asset High Income Opportunity Fund Has 1.11 Sentiment

November 15, 2017 - By Nellie Frank

Western Asset High Income Opportunity Fund Inc. is a diversified, closed-end management investment company. The company has market cap of $635.82 million. The Fund seeks high current income. It currently has negative earnings. Capital appreciation is a secondary objective.

Martin Currie Ltd decreased Delphi Automotive Plc (DLPH) stake by 6.3% reported in 2017Q2 SEC filing. Martin Currie Ltd sold 11,762 shares as Delphi Automotive Plc (DLPH)’s stock rose 13.84%. The Martin Currie Ltd holds 174,845 shares with $15.33M value, down from 186,607 last quarter. Delphi Automotive Plc now has $26.66B valuation. It closed at $100.29 lastly. It is down 30.43% since November 15, 2016 and is uptrending. It has outperformed by 13.73% the S&P500.

Rivernorth Capital Management Llc holds 3.07% of its portfolio in Western Asst High Incm Opprtnty Fnd Inc. for 7.90 million shares. Fca Corp Tx owns 905,019 shares or 2.01% of their US portfolio. Moreover, Alethea Capital Management Llc has 0.66% invested in the company for 229,510 shares. The California-based Fort Point Capital Partners Llc has invested 0.41% in the stock. Shaker Financial Services Llc, a Virginia-based fund reported 113,547 shares.

The stock decreased 0.20% or $0.01 on November 14, reaching $4.92. About 2,205 shares traded. Western Asst High Incm Opprtnty Fnd Inc. (HIO) has risen 8.67% since November 15, 2016 and is uptrending. It has underperformed by 8.03% the S&P500.

Since May 17, 2017, it had 0 insider purchases, and 1 insider sale for $170,357 activity. Another trade for 15,500 shares valued at $1.34M was made by SHERBIN DAVID M on Wednesday, May 17. Mahoney Sean O also sold $170,357 worth of Delphi Automotive PLC (NYSE:DLPH) on Friday, May 26.

Analysts await Delphi Automotive PLC (NYSE:DLPH) to report earnings on February, 1. They expect $1.82 earnings per share, down 0.55% or $0.01 from last year’s $1.83 per share. DLPH’s profit will be $483.81 million for 13.78 P/E if the $1.82 EPS becomes a reality. After $1.66 actual earnings per share reported by Delphi Automotive PLC for the previous quarter, Wall Street now forecasts 9.64% EPS growth.

Martin Currie Ltd increased Banco Santander Chile New (NYSE:BSAC) stake by 13,300 shares to 924,683 valued at $23.50 million in 2017Q2. It also upped Credicorp Ltd (NYSE:BAP) stake by 2,800 shares and now owns 269,127 shares. Ryanair Hldgs Plc was raised too.

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