Fiat Chrysler Automobiles NV (FCAU) Stake Lessened by Greenleaf Trust

Greenleaf Trust decreased its position in Fiat Chrysler Automobiles NV (NYSE:FCAU) by 6.9% in the 4th quarter, HoldingsChannel reports. The fund owned 38,482 shares of the company’s stock after selling 2,846 shares during the quarter. Greenleaf Trust’s holdings in Fiat Chrysler Automobiles were worth $556,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. We Are One Seven LLC bought a new position in Fiat Chrysler Automobiles during the fourth quarter valued at about $31,000. Fosun International Ltd bought a new position in Fiat Chrysler Automobiles during the fourth quarter valued at about $38,000. Rocky Mountain Advisers LLC grew its position in Fiat Chrysler Automobiles by 51.2% during the fourth quarter. Rocky Mountain Advisers LLC now owns 4,429 shares of the company’s stock valued at $64,000 after buying an additional 1,500 shares during the period. Parallel Advisors LLC grew its position in Fiat Chrysler Automobiles by 69.8% during the fourth quarter. Parallel Advisors LLC now owns 6,326 shares of the company’s stock valued at $91,000 after buying an additional 2,601 shares during the period. Finally, Wedbush Securities Inc. bought a new position in Fiat Chrysler Automobiles during the fourth quarter valued at about $155,000. Hedge funds and other institutional investors own 25.34% of the company’s stock.

A number of equities analysts have weighed in on the stock. HSBC lowered shares of Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating in a research report on Friday, October 26th. Zacks Investment Research upgraded shares of Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a research report on Wednesday, October 31st. Societe Generale upgraded shares of Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating in a research report on Monday, November 5th. ValuEngine upgraded shares of Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a research report on Monday, November 26th. Finally, Barclays lowered shares of Fiat Chrysler Automobiles from an “overweight” rating to an “equal weight” rating and set a $15.23 target price for the company. in a research report on Friday, February 8th. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $20.22.

Shares of NYSE:FCAU opened at $14.79 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.86 and a quick ratio of 0.58. The stock has a market cap of $29.31 billion, a price-to-earnings ratio of 4.02, a price-to-earnings-growth ratio of 0.56 and a beta of 1.91. Fiat Chrysler Automobiles NV has a twelve month low of $14.01 and a twelve month high of $24.41.

Fiat Chrysler Automobiles (NYSE:FCAU) last announced its quarterly earnings results on Thursday, February 7th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. Fiat Chrysler Automobiles had a net margin of 3.15% and a return on equity of 21.83%. The firm had revenue of $30.62 billion for the quarter, compared to the consensus estimate of $29.94 billion. During the same period in the prior year, the firm posted $0.70 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. Analysts predict that Fiat Chrysler Automobiles NV will post 3.03 EPS for the current fiscal year.

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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, 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.

Further Reading: Guidelines for Successful Channel Trading

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

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