Ronald Blue & Co. LLC raised its stake in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 0.2% during the second quarter, Holdings Channel reports. The fund owned 19,894 shares of the company’s stock after buying an additional 42 shares during the period. Ronald Blue & Co. LLC’s holdings in Fiat Chrysler Automobiles N.V. were worth $211,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC increased its position in Fiat Chrysler Automobiles N.V. by 88.3% in the first quarter. FMR LLC now owns 27,377,215 shares of the company’s stock valued at $299,304,000 after buying an additional 12,837,115 shares during the last quarter. AQR Capital Management LLC increased its position in Fiat Chrysler Automobiles N.V. by 56.9% in the first quarter. AQR Capital Management LLC now owns 31,563,111 shares of the company’s stock valued at $346,023,000 after buying an additional 11,450,245 shares during the last quarter. SRS Investment Management LLC increased its position in Fiat Chrysler Automobiles N.V. by 1,315.8% in the first quarter. SRS Investment Management LLC now owns 10,680,904 shares of the company’s stock valued at $116,742,000 after buying an additional 9,926,516 shares during the last quarter. Russell Investments Group Ltd. increased its position in Fiat Chrysler Automobiles N.V. by 25.0% in the first quarter. Russell Investments Group Ltd. now owns 17,605,184 shares of the company’s stock valued at $192,562,000 after buying an additional 3,524,249 shares during the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its position in Fiat Chrysler Automobiles N.V. by 5,621.9% in the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 1,558,244 shares of the company’s stock valued at $17,100,000 after buying an additional 1,531,011 shares during the last quarter. Institutional investors and hedge funds own 29.57% of the company’s stock.
Shares of Fiat Chrysler Automobiles N.V. (NYSE FCAU) opened at 11.94 on Friday. The stock’s 50 day moving average price is $11.24 and its 200 day moving average price is $10.90. Fiat Chrysler Automobiles N.V. has a one year low of $6.01 and a one year high of $12.07. The stock has a market capitalization of $18.35 billion, a PE ratio of 7.98 and a beta of 1.67.
Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.17. The firm had revenue of $27.93 billion for the quarter, compared to analyst estimates of $29.24 billion. Fiat Chrysler Automobiles N.V. had a return on equity of 15.94% and a net margin of 2.51%. The business’s revenue was up .1% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 earnings per share. Equities research analysts predict that Fiat Chrysler Automobiles N.V. will post $2.52 EPS for the current fiscal year.
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Several research analysts have weighed in on FCAU shares. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Fiat Chrysler Automobiles N.V. in a research note on Wednesday, April 26th. Morgan Stanley upped their price target on Fiat Chrysler Automobiles N.V. from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Friday, April 28th. Zacks Investment Research upgraded Fiat Chrysler Automobiles N.V. from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research note on Thursday, April 20th. Vetr upgraded Fiat Chrysler Automobiles N.V. from a “buy” rating to a “strong-buy” rating and set a $12.38 price target for the company in a research note on Monday, April 3rd. Finally, Bank of America Corporation restated an “underperform” rating and issued a $9.00 price target (down from $10.00) on shares of Fiat Chrysler Automobiles N.V. in a research note on Friday, June 16th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $12.55.
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