Silver Capital Management LLC decreased its holdings in Fiat Chrysler Automobiles N.V. (NYSE:FCAU) by 16.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,920 shares of the company’s stock after selling 8,340 shares during the quarter. Fiat Chrysler Automobiles N.V. accounts for about 3.2% of Silver Capital Management LLC’s portfolio, making the stock its 8th largest holding. Silver Capital Management LLC’s holdings in Fiat Chrysler Automobiles N.V. were worth $786,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Towle & Co. increased its holdings in Fiat Chrysler Automobiles N.V. by 4.3% in the 3rd quarter. Towle & Co. now owns 3,096,584 shares of the company’s stock valued at $55,460,000 after buying an additional 128,043 shares during the period. Sei Investments Co. increased its holdings in Fiat Chrysler Automobiles N.V. by 634.2% in the 3rd quarter. Sei Investments Co. now owns 33,772 shares of the company’s stock valued at $605,000 after buying an additional 29,172 shares during the period. FineMark National Bank & Trust bought a new position in Fiat Chrysler Automobiles N.V. in the 3rd quarter valued at about $188,000. Baillie Gifford & Co. increased its holdings in Fiat Chrysler Automobiles N.V. by 18.2% in the 3rd quarter. Baillie Gifford & Co. now owns 79,791,751 shares of the company’s stock valued at $1,430,041,000 after buying an additional 12,275,873 shares during the period. Finally, Parametrica Management Ltd bought a new position in Fiat Chrysler Automobiles N.V. in the 3rd quarter valued at about $473,000. Institutional investors and hedge funds own 29.33% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This article was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/11/13/fiat-chrysler-automobiles-n-v-fcau-shares-sold-by-silver-capital-management-llc.html.

Shares of Fiat Chrysler Automobiles N.V. (NYSE FCAU) traded up $0.16 during trading on Monday, hitting $17.27. 2,770,200 shares of the company traded hands, compared to its average volume of 7,190,777. The company has a market cap of $26,550.00, a price-to-earnings ratio of 7.51, a PEG ratio of 0.32 and a beta of 1.23. The company has a quick ratio of 0.48, a current ratio of 0.77 and a debt-to-equity ratio of 0.59. Fiat Chrysler Automobiles N.V. has a 12 month low of $6.87 and a 12 month high of $18.33.

Several equities analysts have commented on FCAU shares. Jefferies Group LLC reissued a “buy” rating and issued a $19.00 target price on shares of Fiat Chrysler Automobiles N.V. in a report on Monday, October 16th. BidaskClub lowered shares of Fiat Chrysler Automobiles N.V. from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 7th. Kepler Capital Markets raised shares of Fiat Chrysler Automobiles N.V. from a “hold” rating to a “buy” rating in a report on Friday, July 28th. Deutsche Bank AG reissued a “hold” rating on shares of Fiat Chrysler Automobiles N.V. in a report on Thursday, September 7th. Finally, Zacks Investment Research lowered shares of Fiat Chrysler Automobiles N.V. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 30th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. Fiat Chrysler Automobiles N.V. has an average rating of “Buy” and an average target price of $16.15.

Fiat Chrysler Automobiles N.V. Company Profile

Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.

Want to see what other hedge funds are holding FCAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiat Chrysler Automobiles N.V. (NYSE:FCAU).

Institutional Ownership by Quarter for Fiat Chrysler Automobiles N.V. (NYSE:FCAU)

Receive News & Stock Ratings for Fiat Chrysler Automobiles N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiat Chrysler Automobiles N.V. and related stocks with our FREE daily email newsletter.