Wetherby Asset Management Inc. boosted its stake in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 9.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 31,211 shares of the company’s stock after buying an additional 2,784 shares during the period. Wetherby Asset Management Inc.’s holdings in Fiat Chrysler Automobiles N.V. were worth $331,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FCAU. Raymond James Financial Services Advisors Inc. boosted its position in shares of Fiat Chrysler Automobiles N.V. by 0.4% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 102,728 shares of the company’s stock valued at $1,123,000 after buying an additional 400 shares during the last quarter. Greenleaf Trust boosted its position in shares of Fiat Chrysler Automobiles N.V. by 3.2% in the second quarter. Greenleaf Trust now owns 17,251 shares of the company’s stock valued at $183,000 after buying an additional 542 shares during the last quarter. US Bancorp DE boosted its position 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 last quarter. Stifel Financial Corp boosted its position in shares of Fiat Chrysler Automobiles N.V. by 4.1% in the first quarter. Stifel Financial Corp now owns 28,768 shares of the company’s stock valued at $313,000 after buying an additional 1,138 shares during the last quarter. Finally, Ronald Blue & Co. LLC boosted its position in shares of Fiat Chrysler Automobiles N.V. by 6.3% in the first quarter. Ronald Blue & Co. LLC now owns 19,852 shares of the company’s stock valued at $217,000 after buying an additional 1,183 shares during the last quarter. 29.28% of the stock is currently owned by institutional investors and hedge funds.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) opened at 12.67 on Wednesday. The stock’s 50 day moving average price is $11.67 and its 200-day moving average price is $11.04. Fiat Chrysler Automobiles N.V. has a 52-week low of $6.05 and a 52-week high of $12.91. The stock has a market capitalization of $19.48 billion, a PE ratio of 5.83 and a beta of 1.72.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last posted its earnings results on Thursday, July 27th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.59 by $0.17. The firm had revenue of $27.93 billion for the quarter, compared to analyst estimates of $29.24 billion. Fiat Chrysler Automobiles N.V. had a return on equity of 15.69% and a net margin of 2.51%. Fiat Chrysler Automobiles N.V.’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period last year, the company earned $0.45 earnings per share. On average, equities analysts expect that Fiat Chrysler Automobiles N.V. will post $2.59 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This report was first published by Watch List News and is the property of of Watch List News. If you are accessing this report on another site, it was illegally copied and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be read at https://www.watchlistnews.com/wetherby-asset-management-inc-boosts-stake-in-fiat-chrysler-automobiles-n-v-fcau/1493646.html.

Several research analysts have issued reports on the company. Jefferies Group LLC set a $14.00 target price on Fiat Chrysler Automobiles N.V. and gave the stock a “buy” rating in a research report on Monday, May 22nd. Zacks Investment Research cut Fiat Chrysler Automobiles N.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Fiat Chrysler Automobiles N.V. in a research report on Wednesday, April 26th. Morgan Stanley dropped their target price on Fiat Chrysler Automobiles N.V. from $15.00 to $14.00 and set an “overweight” rating on the stock in a research report on Friday, June 9th. Finally, 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. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $12.55.

Want to see what other hedge funds are holding FCAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiat Chrysler Automobiles N.V. (NYSE:FCAU).

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.