Fiat Chrysler Automobiles N.V. (FCAU) Stake Increased by Aperio Group LLC

Aperio Group LLC grew its stake in shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 3.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,290,232 shares of the company’s stock after acquiring an additional 39,292 shares during the quarter. Aperio Group LLC owned about 0.08% of Fiat Chrysler Automobiles N.V. worth $23,108,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Harris Associates L P boosted its holdings in shares of Fiat Chrysler Automobiles N.V. by 0.4% during the 2nd quarter. Harris Associates L P now owns 56,811,079 shares of the company’s stock valued at $603,902,000 after acquiring an additional 215,789 shares during the last quarter. FMR LLC lifted its stake in shares of Fiat Chrysler Automobiles N.V. by 5.8% in the 2nd quarter. FMR LLC now owns 28,957,759 shares of the company’s stock worth $306,684,000 after purchasing an additional 1,580,544 shares during the period. Vanguard Group Inc. lifted its stake in shares of Fiat Chrysler Automobiles N.V. by 9.2% in the 2nd quarter. Vanguard Group Inc. now owns 27,193,557 shares of the company’s stock worth $289,068,000 after purchasing an additional 2,299,117 shares during the period. Dalal Street LLC lifted its stake in shares of Fiat Chrysler Automobiles N.V. by 1.4% in the 2nd quarter. Dalal Street LLC now owns 13,109,310 shares of the company’s stock worth $139,352,000 after purchasing an additional 187,180 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in shares of Fiat Chrysler Automobiles N.V. by 118.4% in the 2nd quarter. Renaissance Technologies LLC now owns 8,320,100 shares of the company’s stock worth $88,443,000 after purchasing an additional 4,510,540 shares during the period. 28.80% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Fiat Chrysler Automobiles N.V. from a “buy” rating to a “hold” rating in a research note on Thursday. 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 note on Wednesday. Kepler Capital Markets upgraded shares of Fiat Chrysler Automobiles N.V. from a “hold” rating to a “buy” rating in a research note on Friday, July 28th. Morgan Stanley reiterated an “overweight” rating and issued a $14.00 price objective on shares of Fiat Chrysler Automobiles N.V. in a research note on Monday, July 17th. Finally, Barclays PLC upgraded shares of Fiat Chrysler Automobiles N.V. from an “equal weight” rating to an “overweight” rating and lowered their price objective for the stock from $15.53 to $10.00 in a research note on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $15.84.

Shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) opened at 17.15 on Friday. The company has a market cap of $26.36 billion, a PE ratio of 7.76 and a beta of 1.73. The firm’s 50-day moving average is $17.29 and its 200-day moving average is $13.09. Fiat Chrysler Automobiles N.V. has a 1-year low of $6.71 and a 1-year high of $18.10.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last released its quarterly earnings data on Thursday, July 27th. The company reported $0.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.17. Fiat Chrysler Automobiles N.V. had a return on equity of 16.53% and a net margin of 2.81%. The business had revenue of $27.93 billion for the quarter, compared to analyst estimates of $29.24 billion. During the same quarter in the prior year, the firm posted $0.45 EPS. The business’s quarterly revenue was up .1% compared to the same quarter last year. On average, equities analysts forecast that Fiat Chrysler Automobiles N.V. will post $2.66 earnings per share for the current fiscal year.

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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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Institutional Ownership by Quarter for Fiat Chrysler Automobiles N.V. (NYSE:FCAU)

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