Strengthening Families & Communities LLC Buys 11,734 Shares of Stellantis (NYSE:STLA)

Strengthening Families & Communities LLC increased its position in shares of Stellantis (NYSE:STLAFree Report) by 38.3% during the 4th quarter, Holdings Channel reports. The fund owned 42,338 shares of the company’s stock after buying an additional 11,734 shares during the quarter. Strengthening Families & Communities LLC’s holdings in Stellantis were worth $552,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Cromwell Holdings LLC increased its holdings in shares of Stellantis by 52.9% in the third quarter. Cromwell Holdings LLC now owns 2,993 shares of the company’s stock worth $42,000 after acquiring an additional 1,036 shares in the last quarter. Prospera Financial Services Inc grew its position in shares of Stellantis by 9.5% in the 3rd quarter. Prospera Financial Services Inc now owns 13,681 shares of the company’s stock valued at $192,000 after purchasing an additional 1,192 shares during the period. Spire Wealth Management increased its stake in Stellantis by 29.7% during the 4th quarter. Spire Wealth Management now owns 5,291 shares of the company’s stock worth $69,000 after purchasing an additional 1,211 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in Stellantis by 67.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 3,711 shares of the company’s stock worth $48,000 after buying an additional 1,489 shares during the period. Finally, Caprock Group LLC lifted its stake in Stellantis by 6.9% in the fourth quarter. Caprock Group LLC now owns 24,293 shares of the company’s stock valued at $317,000 after buying an additional 1,558 shares in the last quarter. Institutional investors and hedge funds own 59.48% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Evercore ISI started coverage on shares of Stellantis in a research report on Monday, November 11th. They set an “inline” rating for the company. Seven research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $27.34.

Check Out Our Latest Analysis on Stellantis

Stellantis Trading Up 0.3 %

NYSE:STLA opened at $12.99 on Tuesday. Stellantis has a twelve month low of $12.12 and a twelve month high of $29.51. The business has a 50 day moving average price of $13.07 and a two-hundred day moving average price of $14.06. The company has a quick ratio of 0.85, a current ratio of 1.14 and a debt-to-equity ratio of 0.26.

Stellantis Company Profile

(Free Report)

Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium vehicles; sport utility vehicles; American and European brand vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services.

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Institutional Ownership by Quarter for Stellantis (NYSE:STLA)

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