Fiat Chrysler Automobiles N.V. (FCAU) Shares Sold by Meag Munich Ergo Kapitalanlagegesellschaft MBH

Meag Munich Ergo Kapitalanlagegesellschaft MBH lessened its stake in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 14.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 347,561 shares of the company’s stock after selling 59,679 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH’s holdings in Fiat Chrysler Automobiles N.V. were worth $6,102,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Zweig DiMenna Associates LLC increased its stake in Fiat Chrysler Automobiles N.V. by 2.0% during the second quarter. Zweig DiMenna Associates LLC now owns 15,200 shares of the company’s stock valued at $162,000 after purchasing an additional 300 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Fiat Chrysler Automobiles N.V. by 3.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 13,222 shares of the company’s stock valued at $141,000 after purchasing an additional 430 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Fiat Chrysler Automobiles N.V. by 0.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 103,198 shares of the company’s stock valued at $1,088,000 after purchasing an additional 470 shares during the last quarter. Greenleaf Trust increased its stake in Fiat Chrysler Automobiles N.V. by 3.2% during the second quarter. Greenleaf Trust now owns 17,251 shares of the company’s stock valued at $183,000 after purchasing an additional 542 shares during the last quarter. Finally, Stifel Financial Corp increased its stake in Fiat Chrysler Automobiles N.V. by 2.1% during the second quarter. Stifel Financial Corp now owns 29,360 shares of the company’s stock valued at $311,000 after purchasing an additional 592 shares during the last quarter. Institutional investors and hedge funds own 29.33% of the company’s stock.

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Fiat Chrysler Automobiles N.V. (FCAU) traded up $0.16 during mid-day trading on Monday, reaching $17.27. 2,770,200 shares of the company traded hands, compared to its average volume of 7,190,777. The firm has a market capitalization of $26,549.07, a P/E ratio of 7.51, a P/E/G ratio of 0.32 and a beta of 1.68. Fiat Chrysler Automobiles N.V. has a 1-year low of $6.87 and a 1-year high of $18.33. The company has a quick ratio of 0.48, a current ratio of 0.77 and a debt-to-equity ratio of 0.59.

FCAU has been the subject of several recent research reports. Zacks Investment Research lowered shares of Fiat Chrysler Automobiles N.V. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Bank of America Corporation upgraded shares of Fiat Chrysler Automobiles N.V. from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $9.00 to $18.00 in a research report on Monday, August 28th. Barclays PLC upgraded shares of Fiat Chrysler Automobiles N.V. from an “equal weight” rating to an “overweight” rating and lowered their price target for the stock from $15.53 to $10.00 in a research report on Wednesday, September 6th. Morgan Stanley restated an “overweight” rating and set a $14.00 price target on shares of Fiat Chrysler Automobiles N.V. in a research report on Monday, July 17th. Finally, Deutsche Bank AG restated a “hold” rating on shares of Fiat Chrysler Automobiles N.V. in a research report on Thursday, September 7th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. Fiat Chrysler Automobiles N.V. presently has an average rating of “Buy” and an average target price of $16.15.

Fiat Chrysler Automobiles N.V. 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.

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

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