Truvestments Capital LLC acquired a new stake in Fiat Chrysler Automobiles NV (NYSE:FCAU) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 18,641 shares of the company’s stock, valued at approximately $352,000.

Other institutional investors have also recently made changes to their positions in the company. Amundi Pioneer Asset Management Inc. increased its position in shares of Fiat Chrysler Automobiles by 71.8% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 16,412,230 shares of the company’s stock valued at $336,780,000 after buying an additional 6,860,407 shares during the period. JPMorgan Chase & Co. increased its position in shares of Fiat Chrysler Automobiles by 115.7% during the first quarter. JPMorgan Chase & Co. now owns 11,667,898 shares of the company’s stock valued at $239,425,000 after buying an additional 6,259,352 shares during the period. PointState Capital LP bought a new stake in shares of Fiat Chrysler Automobiles during the first quarter valued at about $115,336,000. Marshall Wace LLP bought a new stake in shares of Fiat Chrysler Automobiles during the second quarter valued at about $36,916,000. Finally, Janus Henderson Group PLC increased its position in shares of Fiat Chrysler Automobiles by 223.0% during the second quarter. Janus Henderson Group PLC now owns 2,044,155 shares of the company’s stock valued at $38,982,000 after buying an additional 1,411,244 shares during the period. Institutional investors and hedge funds own 25.96% of the company’s stock.

FCAU has been the topic of several research analyst reports. Exane BNP Paribas upgraded shares of Fiat Chrysler Automobiles from a “neutral” rating to an “outperform” rating in a research report on Wednesday, September 12th. Zacks Investment Research cut shares of Fiat Chrysler Automobiles from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 26th. Jefferies Financial Group restated a “buy” rating and issued a $22.00 price objective on shares of Fiat Chrysler Automobiles in a research report on Friday, July 27th. UBS Group upgraded shares of Fiat Chrysler Automobiles from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 10th. Finally, BNP Paribas upgraded shares of Fiat Chrysler Automobiles from a “neutral” rating to an “outperform” rating in a research report on Wednesday, September 12th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Fiat Chrysler Automobiles has a consensus rating of “Buy” and a consensus price target of $22.52.

FCAU traded down $0.02 during midday trading on Friday, hitting $16.15. The stock had a trading volume of 2,917,026 shares, compared to its average volume of 5,240,738. The firm has a market cap of $34.13 billion, a P/E ratio of 5.94, a P/E/G ratio of 0.19 and a beta of 1.90. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.82 and a quick ratio of 0.53. Fiat Chrysler Automobiles NV has a 1 year low of $15.33 and a 1 year high of $24.95.

Fiat Chrysler Automobiles (NYSE:FCAU) last issued its earnings results on Wednesday, July 25th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.99 by ($0.37). The firm had revenue of $28.99 billion during the quarter, compared to analysts’ expectations of $28.99 billion. Fiat Chrysler Automobiles had a return on equity of 19.01% and a net margin of 3.14%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.69 EPS. On average, equities analysts anticipate that Fiat Chrysler Automobiles NV will post 3.63 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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