Morningstar Investment Services LLC Sells 3,737 Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU)

Morningstar Investment Services LLC lessened its stake in shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) by 16.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,304 shares of the company’s stock after selling 3,737 shares during the period. Morningstar Investment Services LLC’s holdings in Fiat Chrysler Automobiles were worth $284,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Quest Capital Management Inc. ADV bought a new position in shares of Fiat Chrysler Automobiles in the 3rd quarter valued at $30,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its stake in shares of Fiat Chrysler Automobiles by 736.2% in the 3rd quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 180,786 shares of the company’s stock valued at $2,339,000 after purchasing an additional 159,167 shares during the last quarter. Diamond Hill Capital Management Inc. increased its stake in shares of Fiat Chrysler Automobiles by 14.0% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 60,556 shares of the company’s stock valued at $784,000 after purchasing an additional 7,425 shares during the last quarter. BB&T Securities LLC bought a new position in shares of Fiat Chrysler Automobiles in the 3rd quarter valued at $232,000. Finally, Lindbrook Capital LLC increased its stake in shares of Fiat Chrysler Automobiles by 36.6% in the 3rd quarter. Lindbrook Capital LLC now owns 3,725 shares of the company’s stock valued at $48,000 after purchasing an additional 998 shares during the last quarter. Hedge funds and other institutional investors own 22.83% of the company’s stock.

FCAU has been the topic of several recent analyst reports. TheStreet lowered Fiat Chrysler Automobiles from a “b-” rating to a “c” rating in a research note on Monday, February 3rd. BNP Paribas upgraded Fiat Chrysler Automobiles from a “neutral” rating to an “outperform” rating in a research report on Tuesday, November 12th. Evercore ISI upgraded Fiat Chrysler Automobiles from an “in-line” rating to an “outperform” rating in a research report on Wednesday, December 18th. Exane BNP Paribas upgraded Fiat Chrysler Automobiles from a “neutral” rating to an “outperform” rating in a research report on Tuesday, November 12th. Finally, Cfra reduced their price objective on Fiat Chrysler Automobiles from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $16.55.

FCAU stock traded up $0.08 during midday trading on Friday, reaching $12.44. 11,497,069 shares of the stock were exchanged, compared to its average volume of 3,938,152. The stock has a market capitalization of $23.90 billion, a PE ratio of 6.22, a P/E/G ratio of 1.45 and a beta of 1.79. Fiat Chrysler Automobiles NV has a 52 week low of $11.94 and a 52 week high of $16.69. The company has a fifty day moving average price of $13.40 and a 200 day moving average price of $13.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.82 and a quick ratio of 0.57.

Fiat Chrysler Automobiles (NYSE:FCAU) last announced its earnings results on Thursday, February 6th. The company reported $0.97 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by ($0.09). The company had revenue of $29.64 billion for the quarter, compared to analyst estimates of $29.07 billion. Fiat Chrysler Automobiles had a return on equity of 15.35% and a net margin of 2.60%. The firm’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.04 earnings per share. As a group, analysts anticipate that Fiat Chrysler Automobiles NV will post 3.08 earnings per share for the current fiscal year.

Fiat Chrysler Automobiles 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 five segments: NAFTA, LATAM, APAC, EMEA, and Maserati. It provides passenger cars, SUV vehicles, 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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