Stellantis N.V. (NYSE:STLA) Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in shares of Stellantis N.V. (NYSE:STLA - Free Report) by 10.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,446,467 shares of the company's stock after selling 747,574 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.21% of Stellantis worth $71,453,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in STLA. Mpwm Advisory Solutions LLC purchased a new position in shares of Stellantis during the fourth quarter worth $29,000. GAMMA Investing LLC boosted its holdings in Stellantis by 422.3% in the first quarter. GAMMA Investing LLC now owns 3,139 shares of the company's stock valued at $35,000 after purchasing an additional 2,538 shares during the period. Farther Finance Advisors LLC boosted its holdings in Stellantis by 54.5% in the first quarter. Farther Finance Advisors LLC now owns 3,309 shares of the company's stock valued at $37,000 after purchasing an additional 1,167 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new position in Stellantis in the fourth quarter valued at $47,000. Finally, WealthCollab LLC boosted its holdings in Stellantis by 96.5% in the fourth quarter. WealthCollab LLC now owns 4,594 shares of the company's stock valued at $60,000 after purchasing an additional 2,256 shares during the period. Institutional investors and hedge funds own 59.48% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on STLA. Jefferies Financial Group raised Stellantis from a "hold" rating to a "buy" rating and lifted their price target for the stock from $10.25 to $13.20 in a report on Wednesday, June 25th. Bank of America downgraded Stellantis from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $16.50 to $11.75 in a report on Monday, July 7th. Redburn Atlantic downgraded Stellantis from a "buy" rating to a "neutral" rating in a report on Tuesday, April 22nd. Wolfe Research downgraded Stellantis from a "peer perform" rating to an "underperform" rating in a report on Wednesday, July 2nd. Finally, DZ Bank upgraded Stellantis from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $12.74.

Stellantis Price Performance

Stellantis stock traded down $0.05 during mid-day trading on Tuesday, hitting $9.22. The company's stock had a trading volume of 7,208,721 shares, compared to its average volume of 13,448,283. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $27.86 billion, a P/E ratio of 2.70, a P/E/G ratio of 0.42 and a beta of 1.44. Stellantis N.V. has a twelve month low of $8.39 and a twelve month high of $20.72. The stock's fifty day moving average price is $10.06 and its two-hundred day moving average price is $11.16.

Stellantis 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.

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