Elgethun Capital Management purchased a new stake in shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 14,362 shares of the company’s stock, valued at approximately $153,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Aperio Group LLC raised its position in Fiat Chrysler Automobiles N.V. by 48.8% during the 2nd quarter. Aperio Group LLC now owns 1,250,940 shares of the company’s stock valued at $13,297,000 after purchasing an additional 410,182 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Fiat Chrysler Automobiles N.V. by 7.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,592,379 shares of the company’s stock valued at $17,405,000 after purchasing an additional 110,497 shares during the last quarter. Bank of Montreal Can raised its position in Fiat Chrysler Automobiles N.V. by 3.8% during the 2nd quarter. Bank of Montreal Can now owns 203,610 shares of the company’s stock valued at $2,165,000 after purchasing an additional 7,408 shares during the last quarter. Eqis Capital Management Inc. bought a new position in Fiat Chrysler Automobiles N.V. during the 2nd quarter valued at approximately $324,000. Finally, Greenleaf Trust raised its position in Fiat Chrysler Automobiles N.V. by 3.2% during the 2nd quarter. Greenleaf Trust now owns 17,251 shares of the company’s stock valued at $183,000 after purchasing an additional 542 shares during the last quarter. 28.78% of the stock is owned by institutional investors and hedge funds.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) traded down 0.43% on Friday, hitting $16.31. The company’s stock had a trading volume of 3,859,880 shares. Fiat Chrysler Automobiles N.V. has a 12 month low of $6.05 and a 12 month high of $16.46. The firm has a market cap of $25.07 billion, a price-to-earnings ratio of 7.57 and a beta of 1.67. The firm has a 50 day moving average of $13.27 and a 200 day moving average of $11.49.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last posted its quarterly earnings results on Thursday, July 27th. The company reported $0.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.17. Fiat Chrysler Automobiles N.V. had a net margin of 2.51% and a return on equity of 15.69%. The firm had revenue of $27.93 billion during the quarter, compared to the consensus estimate of $29.24 billion. During the same quarter in the previous year, the firm posted $0.45 earnings per share. The company’s revenue was up .1% on a year-over-year basis. Equities research analysts forecast that Fiat Chrysler Automobiles N.V. will post $2.64 earnings per share for the current fiscal year.

A number of research analysts have commented on the company. Jefferies Group LLC set a $14.00 price target on Fiat Chrysler Automobiles N.V. and gave the company a “buy” rating in a research report on Monday, May 22nd. Zacks Investment Research lowered Fiat Chrysler Automobiles N.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. Morgan Stanley lowered their price target on Fiat Chrysler Automobiles N.V. from $15.00 to $14.00 and set an “overweight” rating for the company in a research report on Friday, June 9th. Kepler Capital Markets raised Fiat Chrysler Automobiles N.V. from a “hold” rating to a “buy” rating in a research report on Friday, July 28th. Finally, 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 research report on Wednesday. One investment analyst has rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $15.41.

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About Fiat Chrysler Automobiles N.V.

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.

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

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