Ferrari Speeds Past Former Parent Fiat Chrysler in Market Value

Carla Harmon
August 12, 2017

Quadrature Capital Ltd bought a new stake in Fiat Chrysler Automobiles N.V. during the fourth quarter worth approximately $3,059,000. Ameriprise Financial Inc.'s holdings in Fiat Chrysler Automobiles N.V. were worth $353,000 as of its most recent filing with the SEC. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 1,558,244 shares of the company's stock worth $17,100,000 after buying an additional 1,531,011 shares during the period. FMR LLC raised its stake in shares of Fiat Chrysler Automobiles N.V.by 88.3% in the first quarter. They now have a "buy" recommendation on the share. Vanguard Group Inc. raised its stake in shares of Fiat Chrysler Automobiles N.V.by 4.2% in the first quarter. Its position stood at $139,352,000 a decrease of $1,887,000 as of quarter end.

Yet another important factor while evaluating a good buy/sell decision for Fiat Chrysler Automobiles N.V. (FCAU) is its Earnings per Share or EPS. Comerica Bank now owns 73,065 shares of the company's stock worth $711,000 after buying an additional 8,432 shares during the last quarter. FMR LLC increased its stake in Fiat Chrysler Automobiles N.V.by 88.3% in the first quarter.

With the stock market continuing to move higher (aside from today), investors may be searching for stocks that are still fairly undervalued. Fiat Chrysler Automobiles N.V. has a 52 week low of $6.05 and a 52 week high of $12.17. (NYSE:VER) tumbled -1.159% in morning trade Wednesday. The firm has a market capitalization of $17.99 billion, a PE ratio of 5.389 and a beta of 1.72.


In July 2017, Fiat Chrysler's United States fleet sales were down by about 35.0% to just 16,086 vehicle units, much lower than its June fleet sales of 47,401 units. The firm presently has a "buy" rating on the stock.

Fiat Chrysler Automobiles N.V. had a net margin of 2.51% and a return on equity of 15.69%. As of the last earnings report the EPS was $2.17 and is expected to be $2.59 for the current year with 1,537,294,000 shares now outstanding.

Other institutional investors have also added to or reduced their stakes in the company. During the same period in the previous year, the business earned $0.45 EPS. Equities research analysts anticipate that Fiat Chrysler Automobiles N.V. will post $2.57 EPS for the current fiscal year.


7/28/2017 - Fiat Chrysler Automobiles was issued a new €12.50 ($14.71) price objective on by brokerage firms at Kepler Capital Markets. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark legislation. The legal version of this piece can be accessed at https://www.com-unik.info/2017/08/10/fiat-chrysler-automobiles-n-v-fcau-position-held-by-first-heartland-consultants-inc-updated.html.

FCAU has been the subject of a number of research analyst reports. (The) restated a "buy" rating on shares of Fiat Chrysler Automobiles NV in a report on Tuesday, June 13th. Morgan Stanley lifted their target price on shares of Fiat Chrysler Automobiles N.V. from $14.00 to $15.00 and gave the stock an "overweight" rating in a research report on Friday, April 28th.

The average 12 month target price among brokers that have covered the stock in the past year is $9.42.


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