Generali Investments CEE investicni spolecnost a.s. Takes $1.24 Million Position in Stellantis (NYSE:STLA)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in Stellantis (NYSE:STLA) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 95,200 shares of the company’s stock, valued at approximately $1,241,000.

Several other large investors have also modified their holdings of STLA. Banco Santander S.A. increased its position in Stellantis by 282.2% in the 4th quarter. Banco Santander S.A. now owns 7,258,025 shares of the company’s stock worth $94,717,000 after buying an additional 5,359,190 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new position in Stellantis during the fourth quarter worth $93,000. Mesirow Financial Investment Management Inc. raised its stake in Stellantis by 3.1% during the 4th quarter. Mesirow Financial Investment Management Inc. now owns 118,792 shares of the company’s stock valued at $1,550,000 after purchasing an additional 3,520 shares during the last quarter. West Family Investments Inc. bought a new stake in Stellantis in the 4th quarter valued at $144,000. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in Stellantis by 13.0% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 19,501 shares of the company’s stock valued at $254,000 after purchasing an additional 2,237 shares during the period. 59.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Evercore ISI started coverage on shares of Stellantis in a report on Monday, November 11th. They set an “inline” rating on the stock. TD Cowen began coverage on Stellantis in a research note on Friday. They set a “hold” rating and a $13.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Stellantis has a consensus rating of “Hold” and a consensus target price of $24.47.

Stellantis Trading Down 0.0 %

STLA stock opened at $12.75 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.85 and a debt-to-equity ratio of 0.26. The firm has a market cap of $38.53 billion, a P/E ratio of 3.74 and a beta of 1.64. Stellantis has a 1-year low of $11.40 and a 1-year high of $29.51. The business’s 50 day moving average is $13.11 and its 200-day moving average is $13.72.

Stellantis Company Profile

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.