Fiat Chrysler Automobiles NV (NYSE:FCAU) gapped up before the market opened on Tuesday . The stock had previously closed at $13.83, but opened at $14.53. Fiat Chrysler Automobiles shares last traded at $15.11, with a volume of 7889544 shares trading hands.

Several research firms recently commented on FCAU. ValuEngine raised shares of Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a research note on Monday, November 26th. Zacks Investment Research raised shares of Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a research note on Tuesday, November 27th. Barclays lowered shares of Fiat Chrysler Automobiles from an “overweight” rating to an “equal weight” rating and set a $15.23 price objective on the stock. in a research note on Friday, February 8th. Finally, UBS Group lowered shares of Fiat Chrysler Automobiles from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. Fiat Chrysler Automobiles currently has an average rating of “Hold” and a consensus price target of $20.22.

The company has a current ratio of 0.82, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $28.47 billion, a PE ratio of 4.00, a PEG ratio of 0.55 and a beta of 1.82.

Fiat Chrysler Automobiles (NYSE:FCAU) last issued its earnings results on Thursday, February 7th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03. The business had revenue of $30.62 billion during the quarter, compared to analysts’ expectations of $29.94 billion. Fiat Chrysler Automobiles had a net margin of 3.15% and a return on equity of 21.32%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.70 earnings per share. Analysts predict that Fiat Chrysler Automobiles NV will post 2.95 EPS for the current fiscal year.

The company also recently announced an annual dividend, which will be paid on Thursday, May 2nd. Shareholders of record on Wednesday, April 24th will be issued a $0.7353 dividend. The ex-dividend date is Tuesday, April 23rd. This represents a yield of 4.91%.

A number of institutional investors have recently modified their holdings of FCAU. Parisi Gray Wealth Management raised its holdings in Fiat Chrysler Automobiles by 273.5% in the fourth quarter. Parisi Gray Wealth Management now owns 1,789 shares of the company’s stock worth $26,000 after buying an additional 1,310 shares during the last quarter. We Are One Seven LLC purchased a new position in Fiat Chrysler Automobiles in the fourth quarter worth about $31,000. Fosun International Ltd purchased a new position in Fiat Chrysler Automobiles in the fourth quarter worth about $38,000. Lindbrook Capital LLC purchased a new position in Fiat Chrysler Automobiles in the fourth quarter worth about $40,000. Finally, Rocky Mountain Advisers LLC raised its holdings in shares of Fiat Chrysler Automobiles by 51.2% during the fourth quarter. Rocky Mountain Advisers LLC now owns 4,429 shares of the company’s stock valued at $64,000 after purchasing an additional 1,500 shares during the last quarter. 26.99% of the stock is owned by institutional investors and hedge funds.

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About Fiat Chrysler Automobiles (NYSE:FCAU)

Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through five segments: NAFTA, LATAM, APAC, EMEA, and Maserati. It provides passenger cars, SUV vehicles, trucks, and light commercial vehicles under the Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo, and Abarth brands; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.

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