Commonwealth Equity Services Inc Sells 35,297 Shares of Fiat Chrysler Automobiles N.V. (FCAU)

Commonwealth Equity Services Inc lowered its position in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 63.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,108 shares of the company’s stock after selling 35,297 shares during the period. Commonwealth Equity Services Inc’s holdings in Fiat Chrysler Automobiles were worth $360,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Baillie Gifford & Co. lifted its holdings in shares of Fiat Chrysler Automobiles by 18.2% in the third quarter. Baillie Gifford & Co. now owns 79,791,751 shares of the company’s stock valued at $1,430,041,000 after purchasing an additional 12,275,873 shares in the last quarter. Harris Associates L P increased its position in shares of Fiat Chrysler Automobiles by 0.4% during the second 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 increased its position in shares of Fiat Chrysler Automobiles by 5.8% during the second quarter. FMR LLC now owns 28,957,759 shares of the company’s stock valued at $306,684,000 after acquiring an additional 1,580,544 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Fiat Chrysler Automobiles by 9.2% during the second quarter. Vanguard Group Inc. now owns 27,193,557 shares of the company’s stock valued at $289,068,000 after acquiring an additional 2,299,117 shares during the last quarter. Finally, Dalal Street LLC increased its position in shares of Fiat Chrysler Automobiles by 1.4% during the second quarter. Dalal Street LLC now owns 13,109,310 shares of the company’s stock valued at $139,352,000 after acquiring an additional 187,180 shares during the last quarter. Institutional investors and hedge funds own 31.24% of the company’s stock.

Shares of Fiat Chrysler Automobiles N.V. (NYSE FCAU) opened at $17.09 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.48. Fiat Chrysler Automobiles N.V. has a 52-week low of $7.58 and a 52-week high of $18.33. The stock has a market capitalization of $26,272.35, a price-to-earnings ratio of 7.43, a price-to-earnings-growth ratio of 0.35 and a beta of 1.64.

A number of analysts recently commented on FCAU shares. Zacks Investment Research raised Fiat Chrysler Automobiles from a “sell” rating to a “strong-buy” rating and set a $17.00 price target for the company in a research report on Friday, August 25th. BidaskClub downgraded Fiat Chrysler Automobiles from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 14th. Deutsche Bank reaffirmed a “hold” rating on shares of Fiat Chrysler Automobiles in a research report on Thursday, September 7th. Jefferies Group reissued a “buy” rating and issued a $19.00 target price on shares of Fiat Chrysler Automobiles in a research report on Monday, October 16th. Finally, Barclays raised Fiat Chrysler Automobiles from an “equal weight” rating to an “overweight” rating and decreased their target price for the stock from $15.53 to $10.00 in a research report on Wednesday, September 6th. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $16.65.

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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, 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 (NYSE:FCAU)

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