swisspartners Advisors Ltd Acquires 235,990 Shares of Stellantis N.V. $STLA

swisspartners Advisors Ltd lifted its holdings in shares of Stellantis N.V. (NYSE:STLA) by 23.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,239,075 shares of the company’s stock after purchasing an additional 235,990 shares during the period. Stellantis accounts for about 10.0% of swisspartners Advisors Ltd’s portfolio, making the stock its 3rd biggest position. swisspartners Advisors Ltd’s holdings in Stellantis were worth $13,773,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. United Community Bank bought a new position in shares of Stellantis during the 4th quarter worth approximately $26,000. Flagship Harbor Advisors LLC bought a new stake in shares of Stellantis in the 4th quarter valued at $27,000. Montag A & Associates Inc. acquired a new position in shares of Stellantis during the 3rd quarter valued at $34,000. Cromwell Holdings LLC boosted its stake in Stellantis by 1,402.0% during the fourth quarter. Cromwell Holdings LLC now owns 3,725 shares of the company’s stock worth $41,000 after acquiring an additional 3,477 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Stellantis by 63.8% during the second quarter. EverSource Wealth Advisors LLC now owns 6,286 shares of the company’s stock worth $63,000 after acquiring an additional 2,448 shares in the last quarter. 59.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Kepler Capital Markets downgraded shares of Stellantis from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 16th. Wall Street Zen upgraded shares of Stellantis from a “sell” rating to a “hold” rating in a report on Monday, March 9th. Wolfe Research raised shares of Stellantis from an “underperform” rating to a “peer perform” rating in a research report on Monday, February 9th. Loop Capital set a $8.00 target price on Stellantis in a research report on Monday, March 2nd. Finally, Bank of America downgraded Stellantis from a “neutral” rating to an “underperform” rating in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.12.

More Stellantis News

Here are the key news stories impacting Stellantis this week:

• Positive Sentiment: No clearly positive company-specific catalysts were included in the latest headlines.
• Neutral Sentiment: Several law firms issued reminders about the pending Stellantis securities class action and the June 8 lead plaintiff deadline, which mainly adds legal overhang rather than new operational news.
• Neutral Sentiment: Kepler Capital reportedly kept Stellantis at Hold, suggesting some analysts remain on the sidelines rather than turning outright bearish.
• Negative Sentiment: Bank of America downgraded Stellantis N.V. (NYSE: STLA) to Underperform and sharply reduced its price target, citing pressure from Chinese EV competition and weakening turnaround confidence. Article Title
• Negative Sentiment: The repeated class-action notices may keep investors focused on alleged earnings misstatements and potential litigation risk, adding to the stock’s negative tone.

Stellantis Stock Performance

STLA opened at $7.47 on Tuesday. Stellantis N.V. has a 1-year low of $6.28 and a 1-year high of $12.22. The company has a market cap of $28.10 billion, a price-to-earnings ratio of 29.86, a PEG ratio of 0.58 and a beta of 1.39. The company’s fifty day moving average price is $7.45 and its two-hundred day moving average price is $9.19. The company has a current ratio of 1.03, a quick ratio of 0.75 and a debt-to-equity ratio of 0.50.

Stellantis (NYSE:STLA) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $44.14 billion for the quarter. On average, analysts expect that Stellantis N.V. will post 0.96 EPS for the current fiscal year.

Stellantis Profile

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.