Stellantis (NYSE:STLA) Shares Purchased by Caprock Group LLC

Caprock Group LLC raised its stake in Stellantis (NYSE:STLA) by 6.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 24,293 shares of the company’s stock after purchasing an additional 1,558 shares during the quarter. Caprock Group LLC’s holdings in Stellantis were worth $317,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Geneos Wealth Management Inc. purchased a new stake in shares of Stellantis during the 4th quarter valued at $26,000. Waldron Private Wealth LLC acquired a new stake in Stellantis in the 3rd quarter valued at $33,000. Cromwell Holdings LLC raised its position in Stellantis by 52.9% in the third quarter. Cromwell Holdings LLC now owns 2,993 shares of the company’s stock valued at $42,000 after purchasing an additional 1,036 shares during the period. Darwin Wealth Management LLC acquired a new position in shares of Stellantis during the third quarter worth about $47,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of Stellantis by 67.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 3,711 shares of the company’s stock worth $48,000 after buying an additional 1,489 shares during the period. 59.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Evercore ISI assumed coverage on shares of Stellantis in a research note on Monday, November 11th. They set an “inline” rating on the stock. Seven investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $27.34.

Stellantis Stock Up 0.1 %

Stellantis stock opened at $12.95 on Friday. Stellantis has a 52 week low of $12.12 and a 52 week high of $29.51. The company has a current ratio of 1.14, a quick ratio of 0.85 and a debt-to-equity ratio of 0.26. The company’s 50-day moving average price is $13.06 and its two-hundred day moving average price is $14.23. The stock has a market cap of $39.13 billion, a price-to-earnings ratio of 3.91, a PEG ratio of 0.39 and a beta of 1.58.

Stellantis Profile

Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium vehicles; sport utility vehicles; American and European brand vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services.