Universal Beteiligungs und Servicegesellschaft mbH Purchases 67,433 Shares of Stellantis N.V. $STLA

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Stellantis N.V. (NYSE:STLAFree Report) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,338,494 shares of the company’s stock after acquiring an additional 67,433 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.14% of Stellantis worth $47,246,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bank of Italy boosted its holdings in Stellantis by 11.6% in the third quarter. Bank of Italy now owns 36,630,307 shares of the company’s stock valued at $338,212,000 after acquiring an additional 3,800,000 shares during the last quarter. Generali Asset Management SPA SGR boosted its holdings in Stellantis by 2.2% in the third quarter. Generali Asset Management SPA SGR now owns 4,743,160 shares of the company’s stock valued at $44,301,000 after acquiring an additional 102,328 shares during the last quarter. Exane Asset Management boosted its holdings in Stellantis by 134.3% in the third quarter. Exane Asset Management now owns 1,401,411 shares of the company’s stock valued at $12,961,000 after acquiring an additional 803,186 shares during the last quarter. Compagnie Lombard Odier SCmA boosted its holdings in Stellantis by 440.1% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 250,022 shares of the company’s stock valued at $2,778,000 after acquiring an additional 203,731 shares during the last quarter. Finally, Intech Investment Management LLC bought a new position in Stellantis in the third quarter valued at about $7,641,000. Institutional investors own 59.48% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on STLA shares. Morgan Stanley cut Stellantis from an “overweight” rating to an “equal weight” rating and set a $10.90 price target on the stock. in a report on Tuesday, February 3rd. Piper Sandler set a $15.00 target price on Stellantis and gave the company an “overweight” rating in a research note on Thursday, January 8th. Citigroup reissued a “buy” rating on shares of Stellantis in a research note on Thursday, April 16th. Loop Capital set a $8.00 target price on Stellantis in a research note on Monday, March 2nd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Stellantis in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.12.

Check Out Our Latest Stock Analysis on Stellantis

Stellantis Trading Down 1.1%

NYSE:STLA opened at $8.50 on Thursday. Stellantis N.V. has a 1-year low of $6.28 and a 1-year high of $12.22. The business’s 50-day moving average price is $7.46 and its two-hundred day moving average price is $9.42. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 0.74.

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Stellantis Profile

(Free Report)

Stellantis N.V. is a global automotive manufacturer formed through the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA, a transaction completed in January 2021. The company designs, manufactures and sells a broad portfolio of passenger cars, light commercial vehicles and related powertrains under a large number of well-known brands, including (but not limited to) Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Maserati, Opel, Peugeot, Ram and Vauxhall. Stellantis also provides parts, accessories, service operations and branded aftersales support through legacy networks such as Mopar and regional dealer ecosystems.

In addition to vehicle manufacturing, Stellantis operates mobility- and software-related businesses and financial services.

See Also

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Institutional Ownership by Quarter for Stellantis (NYSE:STLA)

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