Shares of BorgWarner (NYSE:BWA) Sees Large Inflow of Net Money Flow

BorgWarner (NYSE:BWA) witnessed a selling pressure and the shares last traded with a loss of -0.75 points or -2.23% at $32.91. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $4.41 million with an inflow of $9.51 million in upticks and an outflow of $5.1 million in downticks. Using the data, the up/down ratio is found to be 1.86. The share price has recorded -2.29% on a weekly basis.A block trade of $5.62 million in uptick and $0.51 million in downtick was also observed, resulting in an up/down ratio of 10.91. The net money flow of the block trade stood at a $5.1, signaling heavy buying.


Currently the company Insiders own 0.65% of BorgWarner shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.87% . Institutional Investors own 92.37% of BorgWarner shares. During last six month period, the net percent change held by insiders has seen a change of -6.23%. On the companys insider trading activities, Cuneo Dennis C, director of Borgwarner Inc, unloaded 2,500 shares at an average price of $33.53 on May 27, 2016. The total amount of the transaction was worth $83,825, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

BorgWarner (NYSE:BWA) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.91 points or 2.7% at $32.75 with 1,468,765 shares getting traded. Post opening the session at $33.39, the shares hit an intraday low of $32.73 and an intraday high of $33.58 and the price was in this range throughout the day. The company has a market cap of $7,127 million and the number of outstanding shares have been calculated to be 217,619,230 shares. The 52-week high of BorgWarner (NYSE:BWA) is $61.11 and the 52-week low is $27.68.

Many analysts have stated their opinion on the company shares. Citigroup downgrades its view on BorgWarner (NYSE:BWA) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. Citigroup maintains the current price target of $37 per share on BorgWarner . The rating by the firm was issued on March 29, 2016.

BorgWarner Inc. is a supplier of engineered automotive systems and components for powertrain applications. The Company operates through two segments: Engine and Drivetrain. The Engine segment develops and manufactures products in gasoline and diesel engines and alternative powertrains. The Drivetrain segment develops and manufactures products for automatic transmissions and all-wheel drive (AWD) vehicles. The Company manufactures and sells the product across the world, to equipment manufacturers (OEMs) of light vehicles. The Company sells the products to other OEMs of commercial vehicles and off-highway vehicles (agricultural and construction machinery and marine applications). It also manufactures and sells its products to Tier One vehicle systems suppliers and into the aftermarket for light, commercial and off-highway vehicles. The Company operates manufacturing facilities serving customers in the Americas, Europe and Asia and is an equipment supplier to automotive OEM.

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