AMP Capital Investors Ltd boosted its holdings in shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) by 31.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 695,588 shares of the company’s stock after purchasing an additional 164,960 shares during the period. AMP Capital Investors Ltd’s holdings in Fiat Chrysler Automobiles were worth $12,453,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. MEAG MUNICH ERGO AssetManagement GmbH purchased a new position in Fiat Chrysler Automobiles during the 4th quarter valued at about $176,000. Regentatlantic Capital LLC bought a new stake in Fiat Chrysler Automobiles during the 4th quarter valued at approximately $183,000. Ballentine Partners LLC bought a new stake in Fiat Chrysler Automobiles during the 4th quarter valued at approximately $191,000. Lorber David A boosted its position in Fiat Chrysler Automobiles by 38.3% during the 3rd quarter. Lorber David A now owns 11,844 shares of the company’s stock valued at $212,000 after acquiring an additional 3,279 shares in the last quarter. Finally, Advisory Services Network LLC boosted its position in Fiat Chrysler Automobiles by 12,070.0% during the 4th quarter. Advisory Services Network LLC now owns 12,170 shares of the company’s stock valued at $217,000 after acquiring an additional 12,070 shares in the last quarter. Institutional investors own 25.80% of the company’s stock.
Shares of Fiat Chrysler Automobiles NV (FCAU) opened at $21.13 on Wednesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.77 and a quick ratio of 0.49. Fiat Chrysler Automobiles NV has a 12-month low of $9.60 and a 12-month high of $24.95. The company has a market capitalization of $32,630.00, a P/E ratio of 8.34 and a beta of 1.59.
Several analysts have weighed in on FCAU shares. BidaskClub cut Fiat Chrysler Automobiles from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 14th. ValuEngine cut Fiat Chrysler Automobiles from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research raised Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Wednesday, December 20th. Morgan Stanley lifted their price objective on Fiat Chrysler Automobiles from $14.00 to $18.00 and gave the company an “overweight” rating in a research report on Tuesday, November 21st. Finally, BNP Paribas raised Fiat Chrysler Automobiles from an “underperform” rating to a “neutral” rating in a research report on Friday, January 19th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Fiat Chrysler Automobiles has a consensus rating of “Buy” and a consensus price target of $20.72.
Fiat Chrysler Automobiles Profile
Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.
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