Universal Beteiligungs und Servicegesellschaft mbH Has $47.25 Million Position in Stellantis N.V. $STLA

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Stellantis N.V. (NYSE:STLAFree Report) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,338,494 shares of the company’s stock after purchasing an additional 67,433 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Stellantis were worth $47,246,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Bank of Italy raised its position in shares of Stellantis by 11.6% during the third quarter. Bank of Italy now owns 36,630,307 shares of the company’s stock worth $338,212,000 after purchasing an additional 3,800,000 shares during the period. Generali Asset Management SPA SGR raised its position in shares of Stellantis by 2.2% during the third quarter. Generali Asset Management SPA SGR now owns 4,743,160 shares of the company’s stock worth $44,301,000 after purchasing an additional 102,328 shares during the period. Exane Asset Management raised its position in shares of Stellantis by 134.3% during the third quarter. Exane Asset Management now owns 1,401,411 shares of the company’s stock worth $12,961,000 after purchasing an additional 803,186 shares during the period. Compagnie Lombard Odier SCmA raised its position in shares of Stellantis by 440.1% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 250,022 shares of the company’s stock worth $2,778,000 after purchasing an additional 203,731 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in shares of Stellantis during the third quarter worth about $7,641,000. Institutional investors and hedge funds own 59.48% of the company’s stock.

Stellantis Trading Down 1.1%

Shares of Stellantis stock opened at $8.50 on Thursday. The business’s 50 day simple moving average is $7.46 and its 200 day simple moving average is $9.42. Stellantis N.V. has a 52-week low of $6.28 and a 52-week high of $12.22. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 0.74.

Key Headlines Impacting Stellantis

Here are the key news stories impacting Stellantis this week:

Analyst Ratings Changes

A number of equities research analysts have recently commented on STLA shares. Kepler Capital Markets lowered Stellantis from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th. Piper Sandler set a $15.00 target price on Stellantis and gave the company an “overweight” rating in a research report on Thursday, January 8th. Freedom Capital lowered Stellantis from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. HSBC reissued a “hold” rating on shares of Stellantis in a research report on Tuesday, January 13th. Finally, Loop Capital set a $8.00 target price on Stellantis in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $11.12.

View Our Latest Research Report on Stellantis

Stellantis Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Stellantis (NYSE:STLA)

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