Dnca Finance Reduces Stake in Ferrari N.V. $RACE

Dnca Finance cut its stake in shares of Ferrari N.V. (NYSE:RACE) by 45.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,219 shares of the company’s stock after selling 59,216 shares during the period. Ferrari accounts for about 2.4% of Dnca Finance’s portfolio, making the stock its 14th biggest position. Dnca Finance’s holdings in Ferrari were worth $34,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Mather Group LLC. purchased a new position in shares of Ferrari in the 3rd quarter worth approximately $27,000. Westside Investment Management Inc. raised its holdings in Ferrari by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 56 shares of the company’s stock valued at $27,000 after buying an additional 28 shares during the period. Root Financial Partners LLC bought a new stake in Ferrari in the third quarter worth $28,000. Newbridge Financial Services Group Inc. purchased a new position in Ferrari during the second quarter worth $30,000. Finally, Virtus Advisers LLC purchased a new position in Ferrari during the second quarter worth $34,000.

Ferrari Trading Down 0.6%

RACE stock opened at $332.56 on Friday. Ferrari N.V. has a 12 month low of $328.00 and a 12 month high of $519.10. The firm’s 50-day moving average is $355.52 and its 200 day moving average is $398.36. The company has a market capitalization of $77.80 billion, a PE ratio of 32.89, a P/E/G ratio of 3.27 and a beta of 0.97. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.70 and a quick ratio of 4.38.

Ferrari Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 21st will be given a dividend of $3.615 per share. This represents a dividend yield of 99.0%. This is a boost from Ferrari’s previous annual dividend of $3.13. The ex-dividend date of this dividend is Tuesday, April 21st.

Analyst Ratings Changes

A number of research analysts have weighed in on RACE shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ferrari in a research report on Wednesday, February 11th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $410.00 price target on shares of Ferrari in a research note on Wednesday, February 11th. HSBC reiterated a “hold” rating on shares of Ferrari in a report on Tuesday, January 13th. Loop Capital set a $481.67 price objective on shares of Ferrari in a research note on Thursday, December 4th. Finally, Barclays set a $420.00 target price on Ferrari and gave the company an “overweight” rating in a research report on Tuesday, December 9th. Three analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ferrari currently has an average rating of “Moderate Buy” and a consensus target price of $475.61.

Key Headlines Impacting Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari will debut a rotating “Macarena” rear wing in China, showing aggressive aero innovation that could improve race pace if effective. Article Title
• Positive Sentiment: Multiple outlets report Ferrari experimenting with new winglets (including a halo winglet) in China — continued on-track development may provide performance upside later in the season. Article Title
• Positive Sentiment: F1 coverage includes lifestyle/brand pieces (a day in the life of a Ferrari racing driver, Leclerc features) that support Ferrari’s premium brand and fan engagement. Article Title
• Neutral Sentiment: Ferrari is sharing technical info with customer team Haas; this collaboration manages relationships but raises questions about competitive leverage. Article Title
• Neutral Sentiment: Debate continues in media and among drivers about the Ferrari vs Mercedes dynamic — mixed commentary from Hamilton and Russell frames uncertain competitive outlook. Article Title
• Negative Sentiment: High-profile criticism: Lewis Hamilton and others say Ferrari is losing significant time to Mercedes due to engine/power-unit disadvantage — a direct hit to race-winning prospects. Article Title
• Negative Sentiment: Calls from rivals and media for Ferrari to close the PU deficit increase pressure on technical and management teams; investors may worry about costly development needs or short-term underperformance. Article Title
• Negative Sentiment: Race execution questioned after Australian GP strategy reviews and comments that Ferrari’s calls “robbed” them of a better result — operational miscues can depress short-term results and sentiment. Article Title
• Negative Sentiment: Drivers and pundits accuse Ferrari of obstructing rule-change talks and failing to learn from rivals’ mistakes — governance/PR friction could weigh on brand and on-track cooperation. Article Title

About Ferrari

Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.

Founded from the automotive activities of Enzo Ferrari, the first cars bearing the Ferrari name emerged in the late 1940s; the brand has since built a reputation for performance, craftsmanship and exclusivity.