Fiat Chrysler Automobiles NV (FCAU) Position Increased by Dalal Street, LLC

Ferrari reported strong second quarter earnings last week and released plans to expand its fleet of luxury vehicles

Ferrari reported strong second quarter earnings last week and released plans to expand its fleet of luxury vehicles

The value of the position overall is up by 2,263.4%. The brokerage now has a buy rating on the stock.

In July 2017, Fiat Chrysler's United States fleet sales were down by about 35.0% to just 16,086 vehicle units, much lower than its June fleet sales of 47,401 units. FMR LLC increased its stake in Fiat Chrysler Automobiles N.V.by 88.3% in the first quarter. They now have a "buy" recommendation on the share. AQR Capital Management LLC increased its stake in Fiat Chrysler Automobiles N.V.by 56.9% in the first quarter. The Firm has ATR of 0.21 that is explaining range of a day's trading is high-low; ATR expands it to yesterday's closing price if it was outside of recently's range. AQR Capital Management LLC now owns 31,563,111 shares of the company's stock worth $346,023,000 after buying an additional 11,450,245 shares in the last quarter. Finally, CENTRAL TRUST Co purchased a new position in shares of Fiat Chrysler Automobiles N.V. during the first quarter worth approximately $383,000. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. Fiat Chrysler Automobiles N.V. Dalal Street LLC now owns 12,922,130 shares of the company's stock worth $141,239,000 after buying an additional 950,200 shares in the last quarter.

Ferrari, which split off from Fiat Chrysler in January 2016, has a market value of $20.89 billion. (NYSE FCAU) opened at 11.64 on Friday. The stock attained the volume of 14146269 shares contrast to its average daily volume of 29.13M shares. The company has a market capitalization of $17.89 billion, a price-to-earnings ratio of 5.36 and a beta of 1.72.

Fiat Chrysler's July 2017 retail sales stood at 145,391 vehicle units, down by about 6.0% YoY (year-over-year).

The ROIC Quality of Fiat Chrysler Automobiles N.V. (BIT:FCA) is 5.605034. (NYSE:FCAU) last posted its quarterly earnings results on Thursday, July 27th. Fiat Chrysler Automobiles N.V. The stock, as of recent close, has shown weekly downbeat performance of -0.1700% which was maintained at -8.89% in 1-month period, and is up 30.37% in this year. During the same quarter in the prior year, the business earned $0.45 earnings per share. Next quarter's EPS is forecasted at $0.72 with next year's EPS anticipated to be $2.86. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of United States and global copyright & trademark laws. The correct version of this piece of content can be accessed at https://transcriptdaily.com/2017/08/11/segantii-capital-management-ltd-buys-14514-shares-of-fiat-chrysler-automobiles-n-v-nysefcau.html.

FCAU has been the subject of several research analyst reports.

At the time of writing, Fiat Chrysler Automobiles N.V. (BIT:FCA) has a Piotroski F-Score of 7. Goldman Sachs Group, Inc. Finally, UBS AG set a €11.00 ($12.94) target price on shares of Fiat Chrysler Automobiles NV and gave the company a neutral rating in a research note on Monday, July 10th. Zacks Investment Research downgraded shares of Fiat Chrysler Automobiles N.V. from a "hold" rating to a "sell" rating in a research report on Wednesday, August 2nd.

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