Bank of Montreal Can raised its stake in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 3.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 203,610 shares of the company’s stock after buying an additional 7,408 shares during the period. Bank of Montreal Can’s holdings in Fiat Chrysler Automobiles N.V. were worth $2,165,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of FCAU. Wells Fargo & Company MN increased its position in Fiat Chrysler Automobiles N.V. by 13.8% in the first quarter. Wells Fargo & Company MN now owns 389,951 shares of the company’s stock valued at $4,262,000 after buying an additional 47,137 shares in the last quarter. Greenleaf Trust increased its position in Fiat Chrysler Automobiles N.V. by 6.6% in the first quarter. Greenleaf Trust now owns 16,709 shares of the company’s stock valued at $183,000 after buying an additional 1,040 shares in the last quarter. Wetherby Asset Management Inc. increased its position in Fiat Chrysler Automobiles N.V. by 5.2% in the first quarter. Wetherby Asset Management Inc. now owns 28,427 shares of the company’s stock valued at $311,000 after buying an additional 1,412 shares in the last quarter. Russell Investments Group Ltd. increased its position in Fiat Chrysler Automobiles N.V. by 25.0% in the first quarter. Russell Investments Group Ltd. now owns 17,605,184 shares of the company’s stock valued at $192,562,000 after buying an additional 3,524,249 shares in the last quarter. Finally, Baker Ellis Asset Management LLC increased its position in Fiat Chrysler Automobiles N.V. by 2.3% in the first quarter. Baker Ellis Asset Management LLC now owns 105,100 shares of the company’s stock valued at $1,149,000 after buying an additional 2,350 shares in the last quarter. 29.29% of the stock is owned by hedge funds and other institutional investors.

Fiat Chrysler Automobiles N.V. (FCAU) traded down 0.26% during trading on Friday, hitting $11.61. The company’s stock had a trading volume of 3,056,242 shares. The firm has a market cap of $17.85 billion, a P/E ratio of 5.35 and a beta of 1.72. The firm has a 50 day moving average of $11.57 and a 200 day moving average of $11.02. Fiat Chrysler Automobiles N.V. has a 12 month low of $6.05 and a 12 month high of $12.17.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.76 earnings per share for the quarter, topping the Zacks’ 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%. The business’s quarterly revenue was up .1% compared to the same quarter last year. During the same period last year, the company earned $0.45 EPS. Equities research analysts predict that Fiat Chrysler Automobiles N.V. will post $2.59 earnings per share for the current year.

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FCAU has been the subject of several recent research reports. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Fiat Chrysler Automobiles N.V. in a research note on Wednesday, April 26th. Morgan Stanley upped their price objective on Fiat Chrysler Automobiles N.V. from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Friday, April 28th. Zacks Investment Research upgraded Fiat Chrysler Automobiles N.V. from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a report on Thursday, April 20th. Bank of America Corporation reiterated an “underperform” rating and issued a $9.00 target price (down from $10.00) on shares of Fiat Chrysler Automobiles N.V. in a report on Friday, June 16th. Finally, Jefferies Group LLC set a $14.00 target price on Fiat Chrysler Automobiles N.V. and gave the company a “buy” rating in a report on Monday, May 22nd. Three 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 given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $12.55.

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

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