Investors Buy Large Volume of Fiat Chrysler Automobiles N.V. Put Options (FCAU)

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) was the recipient of some unusual options trading activity on Thursday. Investors purchased 30,885 put options on the stock. This represents an increase of Infinity compared to the typical daily volume of 0 put options.

Several large investors have recently modified their holdings of FCAU. Ballentine Partners LLC purchased a new position in shares of Fiat Chrysler Automobiles N.V. during the second quarter worth approximately $117,000. BKS Advisors LLC purchased a new position in shares of Fiat Chrysler Automobiles N.V. during the second quarter worth approximately $128,000. US Bancorp DE increased its position in shares of Fiat Chrysler Automobiles N.V. by 15.6% during the second quarter. US Bancorp DE now owns 12,591 shares of the company’s stock worth $134,000 after acquiring an additional 1,699 shares during the period. QCM Cayman Ltd. purchased a new position in shares of Fiat Chrysler Automobiles N.V. during the second quarter worth approximately $136,000. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of Fiat Chrysler Automobiles N.V. by 3.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 13,222 shares of the company’s stock worth $141,000 after acquiring an additional 430 shares during the period. 29.55% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts recently weighed in on the stock. Citigroup Inc. raised shares of Fiat Chrysler Automobiles N.V. from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $6.87 to $18.33 in a research report on Friday. BidaskClub raised shares of Fiat Chrysler Automobiles N.V. from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 7th. Zacks Investment Research lowered shares of Fiat Chrysler Automobiles N.V. from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Bank of America Corporation set a $19.00 price objective on shares of Fiat Chrysler Automobiles N.V. and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $19.00 price objective on shares of Fiat Chrysler Automobiles N.V. in a research report on Monday, October 16th. One analyst has rated the stock with a sell rating, six have issued a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $16.15.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) opened at $17.27 on Friday. The company has a market cap of $26,303.10, a P/E ratio of 7.44, a PEG ratio of 0.32 and a beta of 1.68. Fiat Chrysler Automobiles N.V. has a 1 year low of $6.87 and a 1 year high of $18.33. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.48 and a current ratio of 0.77.

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Fiat Chrysler Automobiles N.V. Company 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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