Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Makes New $4.43 Million Investment in Stellantis N.V. $STLA

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group bought a new position in shares of Stellantis N.V. (NYSE:STLAFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 400,000 shares of the company’s stock, valued at approximately $4,434,000. Stellantis comprises 2.2% of Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings, making the stock its 17th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Italy boosted its holdings in Stellantis by 11.6% during the third quarter. Bank of Italy now owns 36,630,307 shares of the company’s stock worth $338,212,000 after buying an additional 3,800,000 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Stellantis by 19.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,803,310 shares of the company’s stock worth $19,908,000 after buying an additional 298,611 shares during the last quarter. Exane Asset Management boosted its holdings in Stellantis by 134.3% during the third quarter. Exane Asset Management now owns 1,401,411 shares of the company’s stock worth $12,961,000 after buying an additional 803,186 shares during the last quarter. Compagnie Lombard Odier SCmA boosted its holdings in Stellantis by 440.1% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 250,022 shares of the company’s stock worth $2,778,000 after buying an additional 203,731 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Stellantis by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 96,294,105 shares of the company’s stock worth $1,054,515,000 after purchasing an additional 1,150,400 shares during the period. Institutional investors own 59.48% of the company’s stock.

Key Stellantis News

Here are the key news stories impacting Stellantis this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on STLA shares. Wall Street Zen raised Stellantis from a “sell” rating to a “hold” rating in a research report on Monday, March 9th. Loop Capital set a $8.00 price target on Stellantis in a research report on Monday, March 2nd. Zacks Research raised Stellantis from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Wolfe Research raised Stellantis from an “underperform” rating to a “peer perform” rating in a research report on Monday, February 9th. Finally, Citigroup reaffirmed a “buy” rating on shares of Stellantis in a research report on Thursday, April 16th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $11.12.

View Our Latest Stock Analysis on STLA

Stellantis Trading Up 3.0%

NYSE STLA opened at $7.83 on Friday. The stock’s 50-day moving average is $7.44 and its 200-day moving average is $9.13. Stellantis N.V. has a one year low of $6.28 and a one year high of $12.22. The firm has a market cap of $29.45 billion, a P/E ratio of 31.30, a P/E/G ratio of 0.27 and a beta of 1.39. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.03 and a quick ratio of 0.75.

Stellantis (NYSE:STLAGet Free Report) last announced its earnings results on Tuesday, March 31st. The company reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $44.14 billion during the quarter. Sell-side analysts anticipate that Stellantis N.V. will post 1 earnings per share for the current fiscal year.

About Stellantis

(Free Report)

Stellantis N.V. is a global automotive manufacturer formed through the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA, a transaction completed in January 2021. The company designs, manufactures and sells a broad portfolio of passenger cars, light commercial vehicles and related powertrains under a large number of well-known brands, including (but not limited to) Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Maserati, Opel, Peugeot, Ram and Vauxhall. Stellantis also provides parts, accessories, service operations and branded aftersales support through legacy networks such as Mopar and regional dealer ecosystems.

In addition to vehicle manufacturing, Stellantis operates mobility- and software-related businesses and financial services.

Further Reading

Want to see what other hedge funds are holding STLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stellantis N.V. (NYSE:STLAFree Report).

Institutional Ownership by Quarter for Stellantis (NYSE:STLA)

Receive News & Ratings for Stellantis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stellantis and related companies with MarketBeat.com's FREE daily email newsletter.