Banque Cantonale Vaudoise Has $257,000 Stake in Stellantis N.V. $STLA

Banque Cantonale Vaudoise trimmed its position in shares of Stellantis N.V. (NYSE:STLA) by 87.4% during the 1st quarter, HoldingsChannel reports. The firm owned 36,848 shares of the company’s stock after selling 256,539 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Stellantis were worth $257,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its holdings in shares of Stellantis by 68.8% during the first quarter. AQR Capital Management LLC now owns 82,009 shares of the company’s stock valued at $919,000 after buying an additional 33,429 shares in the last quarter. Focus Partners Wealth lifted its stake in Stellantis by 37.2% in the 1st quarter. Focus Partners Wealth now owns 15,261 shares of the company’s stock worth $171,000 after acquiring an additional 4,135 shares in the last quarter. M&T Bank Corp acquired a new stake in Stellantis during the 2nd quarter worth about $154,000. EverSource Wealth Advisors LLC boosted its position in Stellantis by 63.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,286 shares of the company’s stock worth $63,000 after acquiring an additional 2,448 shares during the period. Finally, Cerity Partners LLC boosted its position in Stellantis by 9.2% during the 2nd quarter. Cerity Partners LLC now owns 65,473 shares of the company’s stock worth $657,000 after acquiring an additional 5,542 shares during the period. 59.48% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

STLA has been the topic of a number of research reports. Wall Street Zen upgraded Stellantis from a “sell” rating to a “hold” rating in a report on Monday, March 9th. Loop Capital set a $8.00 price target on shares of Stellantis in a report on Monday, March 2nd. TD Cowen reaffirmed a “hold” rating on shares of Stellantis in a research report on Friday, May 22nd. Zacks Research upgraded shares of Stellantis from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Kepler Capital Markets lowered shares of Stellantis from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 16th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.65.

Stellantis Price Performance

STLA opened at $5.57 on Tuesday. The stock has a fifty day moving average price of $7.33 and a 200 day moving average price of $8.33. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.50. Stellantis N.V. has a 1 year low of $5.56 and a 1 year high of $12.22. The stock has a market cap of $20.95 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 0.37 and a beta of 1.41.

Stellantis (NYSE:STLA) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $44.14 billion for the quarter. Analysts forecast that Stellantis N.V. will post 0.55 EPS for the current fiscal year.

Stellantis Company Profile

Stellantis N.V. is a global automotive manufacturer formed through the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA, a transaction completed in January 2021. The company designs, manufactures and sells a broad portfolio of passenger cars, light commercial vehicles and related powertrains under a large number of well-known brands, including (but not limited to) Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Maserati, Opel, Peugeot, Ram and Vauxhall. Stellantis also provides parts, accessories, service operations and branded aftersales support through legacy networks such as Mopar and regional dealer ecosystems.

In addition to vehicle manufacturing, Stellantis operates mobility- and software-related businesses and financial services.