Natixis Advisors L.P. Buys New Position in Fiat Chrysler Automobiles NV (FCAU)

Natixis Advisors L.P. bought a new position in Fiat Chrysler Automobiles NV (NYSE:FCAU) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 21,020 shares of the company’s stock, valued at approximately $431,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. HBK Sorce Advisory LLC acquired a new stake in shares of Fiat Chrysler Automobiles during the 4th quarter worth approximately $446,000. Spark Investment Management LLC grew its position in shares of Fiat Chrysler Automobiles by 13.2% during the 4th quarter. Spark Investment Management LLC now owns 933,400 shares of the company’s stock worth $16,651,000 after buying an additional 108,900 shares during the period. X Square Capital LLC acquired a new stake in shares of Fiat Chrysler Automobiles during the 4th quarter worth approximately $1,615,000. Two Sigma Advisers LP grew its position in shares of Fiat Chrysler Automobiles by 39.0% during the 4th quarter. Two Sigma Advisers LP now owns 1,956,976 shares of the company’s stock worth $34,912,000 after buying an additional 549,129 shares during the period. Finally, Schroder Investment Management Group grew its position in shares of Fiat Chrysler Automobiles by 5.1% during the 4th quarter. Schroder Investment Management Group now owns 1,193,130 shares of the company’s stock worth $17,790,000 after buying an additional 58,410 shares during the period. 25.63% of the stock is owned by institutional investors.

Several brokerages have recently commented on FCAU. ValuEngine cut shares of Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating in a research report on Tuesday, June 5th. MED upgraded shares of Fiat Chrysler Automobiles to a “neutral” rating in a research report on Friday, May 25th. HSBC began coverage on shares of Fiat Chrysler Automobiles in a research report on Tuesday, May 22nd. They set a “buy” rating for the company. Zacks Investment Research cut shares of Fiat Chrysler Automobiles from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 16th. Finally, Jefferies Financial Group cut shares of Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating and set a $19.00 price target for the company. in a research report on Wednesday, April 25th. Eleven 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 an average rating of “Hold” and a consensus target price of $20.79.

Shares of NYSE FCAU opened at $21.11 on Wednesday. The company has a market cap of $41.49 billion, a P/E ratio of 7.76, a PEG ratio of 0.23 and a beta of 2.06. The company has a quick ratio of 0.50, a current ratio of 0.80 and a debt-to-equity ratio of 0.49. Fiat Chrysler Automobiles NV has a 52-week low of $10.46 and a 52-week high of $24.95.

Fiat Chrysler Automobiles (NYSE:FCAU) last issued its quarterly earnings data on Thursday, April 26th. The company reported $0.66 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.69 by ($0.03). The firm had revenue of $27.03 billion for the quarter, compared to analyst estimates of $27.74 billion. Fiat Chrysler Automobiles had a net margin of 3.52% and a return on equity of 20.10%. The firm’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.43 EPS. equities research analysts predict that Fiat Chrysler Automobiles NV will post 3.93 earnings per share for the current year.

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

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