Fiat Chrysler Automobiles NV (NYSE:FCAU) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $13.15 and last traded at $13.28, with a volume of 65976 shares changing hands. The stock had previously closed at $14.83.

A number of equities research analysts have recently issued reports on the company. Zacks Investment Research lowered Fiat Chrysler Automobiles from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 5th. ValuEngine upgraded Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Jefferies Financial Group lowered Fiat Chrysler Automobiles to a “hold” rating in a research report on Tuesday, April 2nd. Barclays lowered Fiat Chrysler Automobiles from an “overweight” rating to an “equal weight” rating and set a $15.23 price objective for the company. in a research report on Friday, February 8th. Finally, UBS Group lowered Fiat Chrysler Automobiles from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 19th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. Fiat Chrysler Automobiles presently has a consensus rating of “Hold” and a consensus target price of $17.74.

The stock has a market capitalization of $29.06 billion, a P/E ratio of 3.50, a price-to-earnings-growth ratio of 1.85 and a beta of 1.79. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.82 and a quick ratio of 0.57.

Fiat Chrysler Automobiles (NYSE:FCAU) last posted its quarterly earnings results on Friday, May 3rd. The company reported $0.36 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.08). The business had revenue of $24.50 billion during the quarter, compared to analyst estimates of $25.70 billion. Fiat Chrysler Automobiles had a net margin of 2.85% and a return on equity of 18.57%. The firm’s quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.66 earnings per share. Analysts forecast that Fiat Chrysler Automobiles NV will post 2.87 EPS for the current fiscal year.

The company also recently disclosed an annual dividend, which will be paid on Thursday, May 30th. Shareholders of record on Tuesday, May 21st will be issued a dividend of $1.30 per share. This is a positive change from Fiat Chrysler Automobiles’s previous annual dividend of $0.74. The ex-dividend date of this dividend is Monday, May 20th. This represents a dividend yield of 8.2%.

Several hedge funds have recently modified their holdings of the business. Parallel Advisors LLC grew its holdings in shares of Fiat Chrysler Automobiles by 12.5% during the first quarter. Parallel Advisors LLC now owns 7,118 shares of the company’s stock worth $106,000 after purchasing an additional 792 shares during the last quarter. Wetherby Asset Management Inc. grew its holdings in shares of Fiat Chrysler Automobiles by 2.7% during the fourth quarter. Wetherby Asset Management Inc. now owns 34,991 shares of the company’s stock worth $506,000 after purchasing an additional 905 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in shares of Fiat Chrysler Automobiles by 13.8% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,370 shares of the company’s stock worth $124,000 after purchasing an additional 1,012 shares during the last quarter. Comerica Bank grew its holdings in shares of Fiat Chrysler Automobiles by 1.2% during the fourth quarter. Comerica Bank now owns 90,528 shares of the company’s stock worth $1,510,000 after purchasing an additional 1,088 shares during the last quarter. Finally, Cigna Investments Inc. New grew its holdings in shares of Fiat Chrysler Automobiles by 8.1% during the fourth quarter. Cigna Investments Inc. New now owns 15,646 shares of the company’s stock worth $227,000 after purchasing an additional 1,176 shares during the last quarter. 27.02% of the stock is currently owned by institutional investors.

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Fiat Chrysler Automobiles Company Profile (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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