Fiat Chrysler Automobiles NV (NYSE:FCAU) Trading Volume Significantly Higher

Doris Richards
August 28, 2017

Bank of New York Mellon Corp increased its position in shares of Fiat Chrysler Automobiles 46.7% in the second quarter. The Company is involved in designing, engineering, manufacturing, distributing and selling vehicles, components and production systems. In addition, it offers cast iron components for engines, gearboxes, transmissions and suspension systems, aluminum cylinder heads, and engine blocks under the Teksid brand; and designs and produces industrial automation systems and related products for the automotive industry under the Comau brand name.

Shares of Fiat Chrysler Automobiles N.V.

Want to see what other hedge funds are holding FCAU? The value of the total investment in Fiat Chrysler Automobiles N.V. went from $379,241,000 to $222,557,000 decreasing 41.3% since the last quarter.

Fiat Chrysler Automobiles operating with a market capitalization of 22.83B, with a return on assets (ROA) of *tba and an average volume of 5849.07. Morgan Stanley decreased their price target on Fiat Chrysler Automobiles N.V. from $15.00 to $14.00 and set an overweight rating on the stock in a research note on Friday, June 9th. Zacks Investment Research now has $17.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Fiat Chrysler Automobiles N.V.

Shares of Fiat Chrysler Automobiles N.V. (NYSE FCAU) transacted up 0.41% through out intraday market trading on early Friday, topping $14.85. Trading volume for Fiat Chrysler Automobiles N.V. was 7,227K by the end of trading on Friday.

Fiat Chrysler Automobiles N.V. (FCA), launched on April 1, 2014, is an worldwide automotive group. The stock has a 50-day moving average price of $12.26 and a 200 day moving average price of $11.20.

Shares of Fiat Chrysler Automobiles N.V. The company had revenue of $27.93 billion for the quarter, compared to the consensus estimate of $29.24 billion. Fiat Chrysler Automobiles N.V. During the same period a year ago, the firm posted $0.45 EPS. In the last earnings report the EPS was $2.16 and is projected to be $2.59 for the current year with 1,537,294,000 shares presently outstanding.

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A number of large investors have recently added to or reduced their stakes in the company. As of quarter end AQR Capital Management LLC had disposed of 1,127,781 shares trimming its stake by 3.6%. Fiat Chrysler Automobiles N.V.'s end of quarter revenue went up.1% on a YOY basis. on consensus, financial stock experts expect that Fiat Chrysler Automobiles post $2.61 earnings per share for the financial year. Vanguard Group Inc now controls 214,903 shares with a value of $2,284,000.

Several analysts have released their opinion on Fiat Chrysler Automobiles N.V. (NYSE:FCAU), with 2 analysts believing it is a strong buy. Finally, US Bancorp DE increased its stake in Fiat Chrysler Automobiles 5.7% in the first quarter. Jefferies raised their target price on the stock of Fiat Chrysler Automobiles N.V. from $14.00 to $19.00 and issued the company a "buy" recommendation in a analysis note on Wednesday. DekaBank Deutsche Girozentrale now owns 894,935 shares of the company's stock worth $9,516,000 after buying an additional 96,247 shares during the last quarter. The Company has operations in approximately 40 countries and sold its vehicles directly or through distributors and dealers in over 140 countries.

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