Arbor Wealth Management LLC decreased its stake in Fiat Chrysler Automobiles NV (NYSE:FCAU) by 4.0% during the fourth quarter, Holdings Channel reports. The fund owned 35,015 shares of the company’s stock after selling 1,464 shares during the period. Arbor Wealth Management LLC’s holdings in Fiat Chrysler Automobiles NV were worth $384,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its position in Fiat Chrysler Automobiles NV by 84.9% in the third quarter. BNP Paribas Arbitrage SA now owns 210,760 shares of the company’s stock valued at $1,349,000 after buying an additional 96,801 shares during the last quarter. Norman Fields Gottscho Capital Management LLC acquired a new position in Fiat Chrysler Automobiles NV during the third quarter valued at about $124,000. Northwestern Mutual Wealth Management Co. boosted its position in Fiat Chrysler Automobiles NV by 39.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 39,035 shares of the company’s stock valued at $239,000 after buying an additional 11,056 shares during the last quarter. Royal Bank of Canada boosted its position in Fiat Chrysler Automobiles NV by 7.2% in the second quarter. Royal Bank of Canada now owns 475,297 shares of the company’s stock valued at $2,909,000 after buying an additional 31,790 shares during the last quarter. Finally, Stifel Financial Corp acquired a new position in Fiat Chrysler Automobiles NV during the second quarter valued at about $167,000. Institutional investors own 23.17% of the company’s stock.

Institutional Ownership by Quarter for Fiat Chrysler Automobiles NV (NYSE:FCAU)

Fiat Chrysler Automobiles NV (NYSE:FCAU) traded up 0.26% during midday trading on Thursday, hitting $11.55. The company had a trading volume of 4,379,967 shares. Fiat Chrysler Automobiles NV has a 12-month low of $5.45 and a 12-month high of $11.63. The company’s 50 day moving average is $10.49 and its 200 day moving average is $7.94. The stock has a market cap of $14.89 billion, a price-to-earnings ratio of 9.17 and a beta of 1.78.

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Several research firms have issued reports on FCAU. Vetr upgraded Fiat Chrysler Automobiles NV from a “sell” rating to a “hold” rating and set a $11.20 target price on the stock in a research report on Thursday. Natixis upgraded Fiat Chrysler Automobiles NV from a “reduce” rating to a “neutral” rating in a report on Monday, February 6th. Zacks Investment Research upgraded Fiat Chrysler Automobiles NV from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a report on Thursday, February 2nd. Barclays PLC upgraded Fiat Chrysler Automobiles NV from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $5.60 to $10.00 in a report on Friday, February 3rd. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a $17.50 price target (up previously from $10.60) on shares of Fiat Chrysler Automobiles NV in a report on Sunday, January 8th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Fiat Chrysler Automobiles NV presently has a consensus rating of “Hold” and a consensus target price of $11.78.

5 Day Chart for NYSE:FCAU

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