Two Sigma Advisers LP Trims Position in Fiat Chrysler Automobiles NV (FCAU)

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Two Sigma Advisers LP lessened its stake in Fiat Chrysler Automobiles NV (NYSE:FCAU) by 6.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,292,205 shares of the company’s stock after selling 422,385 shares during the period. Two Sigma Advisers LP owned about 0.32% of Fiat Chrysler Automobiles worth $91,293,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in shares of Fiat Chrysler Automobiles by 2.1% in the third quarter. Vanguard Group Inc. now owns 31,221,379 shares of the company’s stock valued at $546,687,000 after buying an additional 654,779 shares during the period. Vanguard Group Inc lifted its stake in shares of Fiat Chrysler Automobiles by 2.1% in the third quarter. Vanguard Group Inc now owns 31,221,379 shares of the company’s stock valued at $546,687,000 after buying an additional 654,779 shares during the period. AQR Capital Management LLC lifted its stake in shares of Fiat Chrysler Automobiles by 1.5% in the third quarter. AQR Capital Management LLC now owns 14,411,095 shares of the company’s stock valued at $253,488,000 after buying an additional 218,659 shares during the period. Allianz Asset Management GmbH lifted its stake in shares of Fiat Chrysler Automobiles by 4.3% in the third quarter. Allianz Asset Management GmbH now owns 5,569,131 shares of the company’s stock valued at $97,516,000 after buying an additional 229,873 shares during the period. Finally, Morgan Stanley lifted its stake in shares of Fiat Chrysler Automobiles by 8.2% in the third quarter. Morgan Stanley now owns 5,355,123 shares of the company’s stock valued at $93,769,000 after buying an additional 406,823 shares during the period. Institutional investors and hedge funds own 26.99% of the company’s stock.

Several research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a research report on Monday, February 11th. ValuEngine raised shares of Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. UBS Group lowered shares of Fiat Chrysler Automobiles from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 19th. Finally, Barclays lowered shares of Fiat Chrysler Automobiles from an “overweight” rating to an “equal weight” rating and set a $15.23 price target for the company. in a research report on Friday, February 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Fiat Chrysler Automobiles currently has a consensus rating of “Hold” and an average price target of $20.22.

NYSE:FCAU traded up $0.61 during mid-day trading on Tuesday, hitting $15.14. The company’s stock had a trading volume of 124,959 shares, compared to its average volume of 4,281,165. Fiat Chrysler Automobiles NV has a fifty-two week low of $14.01 and a fifty-two week high of $24.41. The company has a quick ratio of 0.59, a current ratio of 0.82 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $28.47 billion, a PE ratio of 3.99, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

Fiat Chrysler Automobiles (NYSE:FCAU) last posted its quarterly earnings results on Thursday, February 7th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.03. Fiat Chrysler Automobiles had a net margin of 3.15% and a return on equity of 21.32%. The firm had revenue of $30.62 billion during the quarter, compared to analyst estimates of $29.94 billion. During the same quarter in the prior year, the business posted $0.70 earnings per share. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, research analysts expect that Fiat Chrysler Automobiles NV will post 2.95 EPS for the current year.

The company also recently disclosed an annual dividend, which will be paid on Thursday, May 2nd. Stockholders of record on Wednesday, April 24th will be issued a dividend of $0.7353 per share. This represents a dividend yield of 4.91%. The ex-dividend date of this dividend is Tuesday, April 23rd.

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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 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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