Signaturefd LLC acquired a new position in shares of Fiat Chrysler Automobiles (NYSE:FCAU) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,938 shares of the company’s stock, valued at approximately $183,000.
Other institutional investors also recently made changes to their positions in the company. HBK Sorce Advisory LLC acquired a new position in shares of Fiat Chrysler Automobiles during the fourth quarter worth about $446,000. Spark Investment Management LLC boosted its holdings in Fiat Chrysler Automobiles by 13.2% in the fourth quarter. Spark Investment Management LLC now owns 933,400 shares of the company’s stock valued at $16,651,000 after purchasing an additional 108,900 shares in the last quarter. X Square Capital LLC acquired a new position in Fiat Chrysler Automobiles in the fourth quarter valued at approximately $1,615,000. Two Sigma Advisers LP boosted its holdings in Fiat Chrysler Automobiles by 39.0% in the fourth quarter. Two Sigma Advisers LP now owns 1,956,976 shares of the company’s stock valued at $34,912,000 after purchasing an additional 549,129 shares in the last quarter. Finally, Schroder Investment Management Group boosted its holdings in Fiat Chrysler Automobiles by 5.1% in the fourth quarter. Schroder Investment Management Group now owns 1,193,130 shares of the company’s stock valued at $17,790,000 after purchasing an additional 58,410 shares in the last quarter. 26.63% of the stock is owned by institutional investors and hedge funds.
Shares of Fiat Chrysler Automobiles opened at $21.86 on Friday, according to Marketbeat.com. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.80 and a quick ratio of 0.50. Fiat Chrysler Automobiles has a twelve month low of $10.20 and a twelve month high of $24.95. The company has a market capitalization of $43.23 billion, a price-to-earnings ratio of 7.18, a PEG ratio of 0.24 and a beta of 2.06.
Fiat Chrysler Automobiles (NYSE:FCAU) last issued its quarterly earnings data on Thursday, April 26th. The company reported $0.66 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.69 by ($0.03). Fiat Chrysler Automobiles had a net margin of 3.52% and a return on equity of 20.10%. The firm had revenue of $27.03 billion during the quarter, compared to analysts’ expectations of $27.74 billion. During the same quarter in the prior year, the firm posted $0.43 EPS. Fiat Chrysler Automobiles’s quarterly revenue was down 2.5% compared to the same quarter last year. sell-side analysts anticipate that Fiat Chrysler Automobiles will post 3.93 earnings per share for the current year.
FCAU has been the subject of a number of research analyst reports. Morgan Stanley upped their price target on Fiat Chrysler Automobiles from $18.00 to $26.00 and gave the company an “overweight” rating in a report on Monday, February 5th. Zacks Investment Research downgraded Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. BNP Paribas raised Fiat Chrysler Automobiles from an “underperform” rating to a “neutral” rating in a report on Friday, January 19th. Exane BNP Paribas raised Fiat Chrysler Automobiles from an “underperform” rating to a “neutral” rating in a report on Friday, January 19th. Finally, Vetr raised Fiat Chrysler Automobiles from a “buy” rating to a “strong-buy” rating and set a $25.70 price target for the company in a report on Monday, February 5th. Nine investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $20.79.
Fiat Chrysler Automobiles 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, trucks, and light commercial vehicles under the Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo, and Abarth brands; 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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