Jones Financial Companies Lllp Has $1.36 Million Position in Stellantis (NYSE:STLA)

Jones Financial Companies Lllp boosted its holdings in Stellantis (NYSE:STLA) by 57.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 103,974 shares of the company’s stock after purchasing an additional 38,087 shares during the quarter. Jones Financial Companies Lllp’s holdings in Stellantis were worth $1,357,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. AustralianSuper Pty Ltd boosted its holdings in Stellantis by 34.3% during the 4th quarter. AustralianSuper Pty Ltd now owns 12,210,877 shares of the company’s stock worth $159,495,000 after acquiring an additional 3,121,462 shares during the last quarter. Conifer Management L.L.C. boosted its holdings in Stellantis by 26.4% during the 3rd quarter. Conifer Management L.L.C. now owns 9,000,000 shares of the company’s stock worth $126,450,000 after acquiring an additional 1,880,000 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Stellantis by 74.7% during the 3rd quarter. Franklin Resources Inc. now owns 7,605,563 shares of the company’s stock worth $102,340,000 after acquiring an additional 3,252,492 shares during the last quarter. Quadrature Capital Ltd boosted its holdings in Stellantis by 30.4% during the 3rd quarter. Quadrature Capital Ltd now owns 3,445,648 shares of the company’s stock worth $47,752,000 after acquiring an additional 802,497 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Stellantis by 464.4% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,246,800 shares of the company’s stock worth $45,618,000 after acquiring an additional 2,671,500 shares during the last quarter. Institutional investors and hedge funds own 59.48% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on STLA shares. Evercore ISI started coverage on shares of Stellantis in a report on Monday, November 11th. They set an “inline” rating on the stock. TD Cowen started coverage on shares of Stellantis in a report on Friday. They set a “hold” rating and a $13.00 price objective on the stock. Eight analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Stellantis has an average rating of “Hold” and an average price target of $24.47.

Stellantis Trading Down 0.0 %

NYSE STLA opened at $12.75 on Friday. The stock has a market capitalization of $38.53 billion, a price-to-earnings ratio of 3.74 and a beta of 1.64. Stellantis has a one year low of $11.40 and a one year high of $29.51. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.85. The business’s fifty day moving average is $13.11 and its 200-day moving average is $13.76.

Stellantis Company 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.