Traders Buy Large Volume of Put Options on Fiat Chrysler Automobiles (FCAU)
Fiat Chrysler Automobiles NV (NYSE:FCAU) was the target of unusually large options trading on Thursday. Traders bought 6,322 put options on the stock. This represents an increase of approximately 1,513% compared to the average daily volume of 392 put options.
Fiat Chrysler Automobiles (NYSE FCAU) traded down $0.35 during midday trading on Monday, hitting $24.46. The stock had a trading volume of 5,190,535 shares, compared to its average volume of 8,379,586. The firm has a market cap of $38,140.00, a PE ratio of 9.05, a P/E/G ratio of 0.43 and a beta of 1.20. Fiat Chrysler Automobiles has a one year low of $9.60 and a one year high of $24.95. 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 (NYSE:FCAU) last released its earnings results on Thursday, January 25th. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.18. The company had revenue of $28.88 billion during the quarter, compared to analysts’ expectations of $30.08 billion. Fiat Chrysler Automobiles had a return on equity of 19.06% and a net margin of 3.17%. The business’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same period last year, the firm earned $0.35 EPS. equities research analysts forecast that Fiat Chrysler Automobiles will post 3.06 earnings per share for the current year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Baillie Gifford & Co. increased its stake in shares of Fiat Chrysler Automobiles by 18.2% in the 3rd quarter. Baillie Gifford & Co. now owns 79,791,751 shares of the company’s stock valued at $1,430,041,000 after buying an additional 12,275,873 shares during the period. Harris Associates L P increased its stake in shares of Fiat Chrysler Automobiles by 0.4% in the 2nd quarter. Harris Associates L P now owns 56,811,079 shares of the company’s stock valued at $603,902,000 after buying an additional 215,789 shares during the period. FMR LLC increased its stake in shares of Fiat Chrysler Automobiles by 5.8% in the 2nd quarter. FMR LLC now owns 28,957,759 shares of the company’s stock valued at $306,684,000 after buying an additional 1,580,544 shares during the period. Vanguard Group Inc. grew its stake 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 worth $289,068,000 after purchasing an additional 2,299,117 shares during the period. Finally, Ruane Cunniff & Goldfarb Inc. grew its stake in shares of Fiat Chrysler Automobiles by 25.1% during the third quarter. Ruane Cunniff & Goldfarb Inc. now owns 25,061,340 shares of the company’s stock worth $448,849,000 after purchasing an additional 5,029,683 shares during the period. 31.21% of the stock is owned by institutional investors.
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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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