Schroder Investment Management Group Has $9.63 Million Holdings in Fiat Chrysler Automobiles N.V. (FCAU)

Schroder Investment Management Group trimmed its stake in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 20.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,030,405 shares of the company’s stock after selling 263,585 shares during the quarter. Schroder Investment Management Group owned 0.07% of Fiat Chrysler Automobiles N.V. worth $9,629,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Freestone Capital Holdings LLC lifted its holdings in shares of Fiat Chrysler Automobiles N.V. by 35.1% during the second quarter. Freestone Capital Holdings LLC now owns 511,096 shares of the company’s stock valued at $5,434,000 after purchasing an additional 132,843 shares in the last quarter. Swiss National Bank lifted its holdings in shares of Fiat Chrysler Automobiles N.V. by 10.6% during the second quarter. Swiss National Bank now owns 4,769,023 shares of the company’s stock valued at $50,269,000 after purchasing an additional 455,709 shares in the last quarter. BKS Advisors LLC bought a new position in shares of Fiat Chrysler Automobiles N.V. during the second quarter valued at $128,000. Ray Gerald L & Associates Ltd. lifted its holdings in shares of Fiat Chrysler Automobiles N.V. by 5.4% during the second quarter. Ray Gerald L & Associates Ltd. now owns 29,400 shares of the company’s stock valued at $313,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Fiat Chrysler Automobiles N.V. by 3.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 13,222 shares of the company’s stock valued at $141,000 after purchasing an additional 430 shares in the last quarter. 28.78% of the stock is currently owned by institutional investors and hedge funds.

Fiat Chrysler Automobiles N.V. (FCAU) opened at 16.66 on Friday. Fiat Chrysler Automobiles N.V. has a 12-month low of $6.05 and a 12-month high of $16.77. The firm has a 50-day moving average price of $13.94 and a 200-day moving average price of $11.68. The company has a market cap of $25.61 billion, a P/E ratio of 7.73 and a beta of 1.67.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.76 EPS for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.17. Fiat Chrysler Automobiles N.V. had a return on equity of 15.69% and a net margin of 2.51%. The company had revenue of $27.93 billion during the quarter, compared to analysts’ expectations of $29.24 billion. During the same quarter in the previous year, the firm posted $0.45 EPS. The firm’s revenue was up .1% compared to the same quarter last year. On average, analysts forecast that Fiat Chrysler Automobiles N.V. will post $2.62 earnings per share for the current fiscal year.

A number of brokerages have recently issued reports on FCAU. Deutsche Bank AG reaffirmed a “hold” rating on shares of Fiat Chrysler Automobiles N.V. in a report on Thursday, September 7th. Barclays PLC raised Fiat Chrysler Automobiles N.V. from an “equal weight” rating to an “overweight” rating and lowered their price target for the company from $15.53 to $10.00 in a report on Wednesday, September 6th. Bank of America Corporation raised Fiat Chrysler Automobiles N.V. from an “underperform” rating to a “neutral” rating and upped their price target for the company from $9.00 to $18.00 in a report on Monday, August 28th. Zacks Investment Research raised Fiat Chrysler Automobiles N.V. from a “sell” rating to a “strong-buy” rating and set a $17.00 price target on the stock in a report on Friday, August 25th. Finally, Jefferies Group LLC upped their price target on Fiat Chrysler Automobiles N.V. from $14.00 to $19.00 and gave the company a “buy” rating in a report on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Fiat Chrysler Automobiles N.V. has an average rating of “Buy” and an average target price of $15.41.

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Fiat Chrysler Automobiles N.V. 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, 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.

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

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