Harris Associates L P grew its stake in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 0.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,811,079 shares of the company’s stock after buying an additional 215,789 shares during the quarter. Fiat Chrysler Automobiles N.V. accounts for about 1.1% of Harris Associates L P’s investment portfolio, making the stock its 29th biggest holding. Harris Associates L P owned about 3.70% of Fiat Chrysler Automobiles N.V. worth $603,902,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in FCAU. Investment Centers of America Inc. acquired a new position in shares of Fiat Chrysler Automobiles N.V. in the first quarter valued at approximately $110,000. Ballentine Partners LLC acquired a new position in shares of Fiat Chrysler Automobiles N.V. in the second quarter valued at approximately $117,000. US Bancorp DE boosted its holdings in shares of Fiat Chrysler Automobiles N.V. by 5.7% in the first quarter. US Bancorp DE now owns 10,892 shares of the company’s stock valued at $120,000 after buying an additional 589 shares during the period. Oppenheimer & Co. Inc. acquired a new position in shares of Fiat Chrysler Automobiles N.V. in the first quarter valued at approximately $124,000. Finally, BKS Advisors LLC acquired a new position in shares of Fiat Chrysler Automobiles N.V. in the second quarter valued at approximately $128,000. Institutional investors own 28.78% of the company’s stock.

Shares of Fiat Chrysler Automobiles N.V. (NYSE FCAU) traded up 1.82% on Friday, reaching $17.91. 3,809,811 shares of the company traded hands. The company has a market capitalization of $27.53 billion, a PE ratio of 8.14 and a beta of 1.67. Fiat Chrysler Automobiles N.V. has a one year low of $6.05 and a one year high of $18.10. The firm has a 50-day moving average price of $14.22 and a 200 day moving average price of $11.77.

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 (EPS) for the quarter, beating the 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 business had revenue of $27.93 billion during the quarter, compared to the consensus estimate of $29.24 billion. During the same quarter last year, the firm posted $0.45 EPS. Fiat Chrysler Automobiles N.V.’s revenue was up .1% compared to the same quarter last year. Equities analysts forecast that Fiat Chrysler Automobiles N.V. will post $2.63 EPS for the current fiscal year.

Several research analysts have recently weighed in on the stock. BidaskClub upgraded shares of Fiat Chrysler Automobiles N.V. from a “buy” rating to a “strong-buy” rating in a report on Thursday. Deutsche Bank AG restated a “hold” rating on shares of Fiat Chrysler Automobiles N.V. in a report on Thursday, September 7th. Barclays PLC upgraded shares of Fiat Chrysler Automobiles N.V. from an “equal weight” rating to an “overweight” rating and reduced their target price for the stock from $15.53 to $10.00 in a report on Wednesday, September 6th. Bank of America Corporation upgraded shares of Fiat Chrysler Automobiles N.V. from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $9.00 to $18.00 in a report on Monday, August 28th. Finally, Zacks Investment Research upgraded shares of Fiat Chrysler Automobiles N.V. from a “sell” rating to a “strong-buy” rating and set a $17.00 target price for the company in a report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $15.41.

TRADEMARK VIOLATION WARNING: This story was first reported by Watch List News and is owned by of Watch List News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The legal version of this story can be viewed at https://www.watchlistnews.com/fiat-chrysler-automobiles-n-v-fcau-shares-bought-by-harris-associates-l-p/1599110.html.

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)

Receive News & Ratings for Fiat Chrysler Automobiles N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiat Chrysler Automobiles N.V. and related companies with Analyst Ratings Network's FREE daily email newsletter.