Fiat Chrysler Automobiles NV (NYSE:FCAU) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 15,654,320 shares, an increase of 29.3% from the February 15th total of 12,104,567 shares. Based on an average daily volume of 4,488,258 shares, the days-to-cover ratio is presently 3.5 days.

A number of analysts recently commented on FCAU shares. Zacks Investment Research downgraded Fiat Chrysler Automobiles from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 5th. ValuEngine raised Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Barclays downgraded Fiat Chrysler Automobiles from an “overweight” rating to an “equal weight” rating and set a $15.23 price target for the company. in a research report on Friday, February 8th. Finally, UBS Group downgraded Fiat Chrysler Automobiles from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $20.22.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Parisi Gray Wealth Management grew its holdings in Fiat Chrysler Automobiles by 273.5% during the fourth quarter. Parisi Gray Wealth Management now owns 1,789 shares of the company’s stock valued at $26,000 after purchasing an additional 1,310 shares during the period. We Are One Seven LLC bought a new position in Fiat Chrysler Automobiles during the fourth quarter valued at $31,000. Fosun International Ltd bought a new position in Fiat Chrysler Automobiles during the fourth quarter valued at $38,000. Lindbrook Capital LLC bought a new position in Fiat Chrysler Automobiles during the fourth quarter valued at $40,000. Finally, Rocky Mountain Advisers LLC grew its holdings in Fiat Chrysler Automobiles by 51.2% during the fourth quarter. Rocky Mountain Advisers LLC now owns 4,429 shares of the company’s stock valued at $64,000 after purchasing an additional 1,500 shares during the period. 27.14% of the stock is owned by institutional investors and hedge funds.

Shares of FCAU opened at $14.34 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.82 and a quick ratio of 0.59. The company has a market cap of $27.77 billion, a P/E ratio of 3.79, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Fiat Chrysler Automobiles has a 12 month low of $14.01 and a 12 month high of $24.41.

Fiat Chrysler Automobiles (NYSE:FCAU) last issued its quarterly earnings results on Thursday, February 7th. The company reported $1.04 EPS for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.03. Fiat Chrysler Automobiles had a return on equity of 21.32% and a net margin of 3.15%. The company had revenue of $30.62 billion during the quarter, compared to the consensus estimate of $29.94 billion. During the same period last year, the business posted $0.70 earnings per share. Fiat Chrysler Automobiles’s revenue was up 6.0% on a year-over-year basis. On average, equities research analysts predict that Fiat Chrysler Automobiles will post 2.95 EPS for the current year.

The company also recently disclosed an annual dividend, which will be paid on Thursday, May 2nd. Shareholders of record on Wednesday, April 24th will be issued a dividend of $0.7353 per share. This represents a yield of 4.91%. The ex-dividend date of this dividend is Tuesday, April 23rd.

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Fiat Chrysler Automobiles 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 five segments: NAFTA, LATAM, APAC, EMEA, and Maserati. It provides passenger cars, SUV vehicles, trucks, and light commercial vehicles under the Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo, and Abarth brands; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.

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