Fiat Chrysler Automobiles N.V. (FCAU) Shares Bought by FNY Partners Fund LP

FNY Partners Fund LP boosted its stake in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 1,954.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,328,924 shares of the company’s stock after purchasing an additional 1,264,224 shares during the quarter. Fiat Chrysler Automobiles N.V. comprises approximately 3.4% of FNY Partners Fund LP’s holdings, making the stock its 8th largest holding. FNY Partners Fund LP owned 0.09% of Fiat Chrysler Automobiles N.V. worth $14,126,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Zweig DiMenna Associates LLC lifted its stake in Fiat Chrysler Automobiles N.V. by 2.0% in the 2nd quarter. Zweig DiMenna Associates LLC now owns 15,200 shares of the company’s stock worth $162,000 after purchasing an additional 300 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Fiat Chrysler Automobiles N.V. by 0.4% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 102,728 shares of the company’s stock worth $1,123,000 after purchasing an additional 400 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Fiat Chrysler Automobiles N.V. by 3.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 13,222 shares of the company’s stock worth $141,000 after purchasing an additional 430 shares in the last quarter. Greenleaf Trust lifted its stake in Fiat Chrysler Automobiles N.V. by 3.2% in the 2nd quarter. Greenleaf Trust now owns 17,251 shares of the company’s stock worth $183,000 after purchasing an additional 542 shares in the last quarter. Finally, US Bancorp DE lifted its stake in Fiat Chrysler Automobiles N.V. by 5.7% in the 1st quarter. US Bancorp DE now owns 10,892 shares of the company’s stock worth $120,000 after purchasing an additional 589 shares in the last quarter. Institutional investors and hedge funds own 28.78% of the company’s stock.

Several brokerages have commented on FCAU. Deutsche Bank AG reiterated a “hold” rating on shares of Fiat Chrysler Automobiles N.V. in a research note on Thursday. Barclays PLC upgraded shares of Fiat Chrysler Automobiles N.V. from an “equal weight” rating to an “overweight” rating and reduced their target price for the stock from $15.53 to $10.00 in a report on Wednesday, September 6th. Zacks Investment Research downgraded shares of Fiat Chrysler Automobiles N.V. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 30th. Bank of America Corporation upgraded shares of Fiat Chrysler Automobiles N.V. from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $9.00 to $18.00 in a report on Monday, August 28th. Finally, Jefferies Group LLC boosted their target price on shares of Fiat Chrysler Automobiles N.V. from $14.00 to $19.00 and gave the stock a “buy” rating in a report on Wednesday, August 23rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $15.41.

Shares of Fiat Chrysler Automobiles N.V. (FCAU) traded up 0.31% during trading on Monday, reaching $16.36. 1,388,601 shares of the company traded hands. Fiat Chrysler Automobiles N.V. has a 52 week low of $6.05 and a 52 week high of $16.46. The firm has a 50 day moving average of $13.31 and a 200 day moving average of $11.49. The stock has a market capitalization of $25.15 billion, a PE ratio of 7.60 and a beta of 1.67.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last released its quarterly earnings data on Thursday, July 27th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.59 by $0.17. Fiat Chrysler Automobiles N.V. had a net margin of 2.51% and a return on equity of 15.69%. The business had revenue of $27.93 billion for the quarter, compared to analyst estimates of $29.24 billion. During the same period in the previous year, the firm earned $0.45 EPS. The business’s revenue for the quarter was up .1% compared to the same quarter last year. On average, equities analysts predict that Fiat Chrysler Automobiles N.V. will post $2.64 EPS for the current year.

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Fiat Chrysler Automobiles N.V. 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.

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

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