Fiat Chrysler Automobiles (FCAU) Stake Decreased by D.A. Davidson & CO.

D.A. Davidson & CO. decreased its position in shares of Fiat Chrysler Automobiles (NYSE:FCAU) by 16.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,055 shares of the company’s stock after selling 5,500 shares during the period. D.A. Davidson & CO.’s holdings in Fiat Chrysler Automobiles were worth $576,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MEAG MUNICH ERGO AssetManagement GmbH acquired a new stake in shares of Fiat Chrysler Automobiles during the fourth quarter worth approximately $176,000. Weil Company Inc. acquired a new stake in shares of Fiat Chrysler Automobiles during the fourth quarter worth approximately $178,000. Regentatlantic Capital LLC bought a new stake in shares of Fiat Chrysler Automobiles during the fourth quarter valued at approximately $183,000. Fulton Bank N.A. bought a new stake in shares of Fiat Chrysler Automobiles during the first quarter valued at approximately $211,000. Finally, Ballentine Partners LLC bought a new stake in shares of Fiat Chrysler Automobiles during the fourth quarter valued at approximately $191,000. 26.63% of the stock is owned by institutional investors.

Several research firms have recently commented on FCAU. Zacks Investment Research raised shares of Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Friday, January 26th. Vetr raised shares of Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating and set a $25.70 price target on the stock in a research note on Monday, January 29th. Exane BNP Paribas raised shares of Fiat Chrysler Automobiles from an “underperform” rating to a “neutral” rating in a research note on Friday, January 19th. Jefferies Group cut shares of Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating and set a $19.00 price target on the stock. in a research note on Wednesday, April 25th. Finally, BNP Paribas raised shares of Fiat Chrysler Automobiles from an “underperform” rating to a “neutral” rating in a research note on Friday, January 19th. Nine equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $20.79.

FCAU opened at $22.18 on Friday. Fiat Chrysler Automobiles has a one year low of $21.95 and a one year high of $22.35. The company has a market cap of $43.42 billion, a PE ratio of 7.21, a P/E/G ratio of 0.24 and a beta of 2.06. The company has a current ratio of 0.80, a quick ratio of 0.50 and a debt-to-equity ratio of 0.49.

Fiat Chrysler Automobiles (NYSE:FCAU) last announced its quarterly earnings data on Thursday, April 26th. The company reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.03). Fiat Chrysler Automobiles had a net margin of 3.52% and a return on equity of 20.10%. The business had revenue of $27.03 billion during the quarter, compared to the consensus estimate of $27.74 billion. During the same period in the previous year, the business posted $0.43 earnings per share. Fiat Chrysler Automobiles’s revenue was down 2.5% compared to the same quarter last year. equities analysts anticipate that Fiat Chrysler Automobiles will post 3.93 EPS for the current fiscal 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.

Want to see what other hedge funds are holding FCAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiat Chrysler Automobiles (NYSE:FCAU).

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

Receive News & Ratings for Fiat Chrysler Automobiles Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiat Chrysler Automobiles and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply