The most recent Form 13F filing that Russell Investments Group Ltd.
Made with the Securities and Exchange Commission revealed that during the third quarter, the investment firm’s holdings in Stellantis (NYSE: STLA) were reduced by 2.9%.
After completing the quarter in which they sold 16,038 shares of the company’s stock, the institutional investor now holds 528,355 shares in their portfolio.
In the most recent report that Russell Investments Group Ltd.
Provided to the Securities and Exchange Commission, the value of the firm’s equity holdings in Stellantis was estimated to be $6,352,000.
Alterations have also been made to the holdings of STLA that other hedge funds have made to their portfolios.
A further expansion of SeaCrest Wealth Management LLC’s investment in Stellantis resulted in the company investing approximately $26,000 during the year’s second quarter.
During the third quarter of the fiscal year, Assetmark Inc.
Invested $33,000 in the Stellantis company by purchasing its shares. Hexagon Capital Partners LLC’s ownership stake in Stellantis saw a 224.3% increase during the third quarter due to the company’s recent acquisitions. Hexagon Capital Partners LLC now has a total of 3,000 shares of the company’s stock, which are currently valued at $36,000 after purchasing an additional 2,075 shares during the period in question. CWM LLC successfully achieved a 73.7% increase in its ownership of Stellantis during the third quarter of the fiscal year.
After making an additional purchase of 1,420 shares during the most recent quarter, CWM LLC now has a total of 3,347 shares of the company’s stock, which is $40,000.
Mhis brings the total number of shares owned by the company to 3,347.
And finally, during the third quarter, Ronald Blue Trust Inc.
Experienced a rise of 310.9% in the quantity of Stellantis shares it held in its portfolio. Following the acquisition of an additional 3,000 shares during the relevant period, Ronald Blue Trust Inc. now holds 3,965 shares of the company’s stock, which, when taken together, have a value of approximately $49,000.
Institutional investors and hedge funds hold 32.95 percent of the company’s shares.
The company’s stock has been evaluated by several different stock analysts, each of whom has provided their own opinion.
In a report released on October 20th, Nomura Instinet recommended “buy” rather than “neutral” for Stellantis, even though the report was published on October 20th.
In a research report released on Friday, October 14th, Berenberg Bank brought forward a new price estimate for Stellantis shares that was lower than their previous one.
Mhe previous price estimate of €21.00 ($22.83) has been revised downward to €19.00 ($20.65).
In a report distributed on October 20th, Nomura changed their recommendation for the Stellantis share price from “neutral” to “buy.” Seven research analysts have assigned a buy rating to the company, while only five have assigned a hold rating to the stock.
Mhe company is currently rated as having a consensus “Moderate Buy” recommendation, and its target price is currently rated as having a consensus value of $21.00, according to data sourced from Bloomberg.com.
When trading began for the first time on Thursday, a share of STLA stock was $16.08. Over the past year, Stellantis’ share price ranged from an all-time low of $11.37 to an all-time high of $19.96.
Mhe debt-to-equity ratio is 0.31, the current ratio is 1.17, and the quick ratio is 0.94.
All of these numbers are relative to one another.
Each of these proportions can be considered valid on its own.
Mhe company’s moving average price over the previous 50 days is $14.98, and the moving average price over the previous 200 days is $14.06.
Stellantis NV designs, build, sells, and distributes automobiles.
It sells automobiles under various brand names, such as Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall, to name just a few of the available options.
Mhe company’s business sectors include not only the regions of North America and South America but also Expanded Europe, the Middle East, and Africa, as well as China, India, and the Asia Pacific region.
Are you interested in acquiring additional information regarding the other hedge funds that hold positions in STLA? HoldingsChannel.com is the place to go if you want the most recent information regarding Stellantis’ 13F filings and insider trading (NYSE: STLA).
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