Investors Should Take Note Of Fiat Chrysler Automobiles N.V. (FCAU)


UBS Securities LLC has recently announced that it has increased stake in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 22.38%. After grabbing 57.73 million shares, the institutional investor is now in possession of 10.56 million shares of the Consumer Cyclical Company. The new investment brought the stake of investor firm to 3.68% having worth around $585.93 million. Moreover, Amundi Pioneer Asset Management,.. increased its share by 16.06 million to have a control over 28.56 million shares. And Credit Suisse Securities (USA) LL.. raised its holdings to 2.44 million shares by acquiring 21.35 million shares or 1.36% of the stake.

Fiat Chrysler Automobiles N.V. (FCAU) concluded trading on 08/26/20 at a closing price of $11.29, with 5.76 million shares of worth about $65.03 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -0.27% during that period and on Wednesday the price saw a gain of about 0.62%.

A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 17 analysts are covering the FCAU stock and their offered price forecasts bring an average price target of $11.99. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $17.52 and could fall to a lowest price of $7.64. Analysts also issued an outlook of 1.00 for the Fiat Chrysler Automobiles N.V. stock for next 12 months. The stock’s current price level is 9.24% above of average price target set by the analysts, while a rise to estimated low would result in loss of -47.77 for the stock. However, touching the estimated high of $17.52 would mean a gain of 35.56% for the stock.

Vanguard Total International Stoc, BlackRock Event Driven Equity Fun, and Vanguard International Growth Fun are the top 3 mutual funds which are holding stakes in Fiat Chrysler Automobiles N.V. Vanguard Total International Stoc is currently holding 18.58 million shares of worth totaling $188.58 million. The company recently came selling -0.18 million shares which brought its stake up to 1.19% of the company’s outstanding shares. Vanguard International Growth Fun, after buying 13.74 million shares, have now control over 0.88% of the stake in the company. It holds 0.0 shares of worth $139.43 million.

Fiat Chrysler Automobiles N.V. (NYSE: FCAU) started trading at $11.31, above $0.09 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $11.29, or with a gain of 0.62%. Stock saw a price change of -0.27% in past 5 days and over the past one month there was a price change of 3.96%. Year-to-date (YTD), FCAU shares are showing a performance of -23.14% which decreased to -11.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.00 but also hit the highest price of $16.25 during that period. While comparing its average daily trading volume of 3.07 million shares, we see that about 5.76 million changed hands on the day. The stock is currently trading 1.39% above its 20-day simple moving average (SMA20), while that difference is up 7.40% for SMA50 and it goes to 0.77% higher than SMA200.

UBS Securities LLC acquired 57.73 million shares of Fiat Chrysler Automobiles N.V. having value of about $585.93 million. Data submitted at the U.S SEC by UBS Securities LLC revealed that the firm now holds 10.56 million shares in the company valued at close to $119200790.94, or have control over 22.38% stake in the company. Holding of mutual funds in the company is about 12.01% while other institutional holders and individual stake holders have control over 19.58% and — of the stake respectively.

Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FCAU, volatility over the week remained 1.44% while standing at 1.80% over the month.

Analysts are in expectations that Fiat Chrysler Automobiles N.V. (FCAU) stock would likely to be making an EPS of $0.29 in the current quarter, while forecast for next quarter ESPS is $0.6 and it is $2.03 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.18 which is $0.51 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.89 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -114.70% while it is estimated to increase by 610.00% in next year. EPS is likely to shrink at an annualized rate of 20.11% for next 5-years, compared to annual growth of 40.74% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Evercore ISI on December 18, 2019 offering an Outperform rating for the stock and assigned a target price of to it. Coverage by Exane BNP Paribas stated Fiat Chrysler Automobiles N.V. (FCAU) stock as an Outperform in their note to investors on November 12, 2019, suggesting a price target of for the stock. On November 04, 2019, HSBC Securities Upgrade their recommendations, while on July 16, 2019, Goldman Initiated their ratings for the stock with a price target of. Stock get a Neutral rating from Nomura on June 19, 2019.


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