Stellantis N.V. (NYSE:STLA) Receives Consensus Recommendation of "Hold" from Analysts

Stellantis N.V. (NYSE:STLA - Get Free Report) has earned a consensus recommendation of "Hold" from the fourteen analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $12.74.

Several equities research analysts recently issued reports on STLA shares. UBS Group cut Stellantis from a "buy" rating to a "neutral" rating in a research note on Monday, April 14th. Bank of America cut Stellantis from a "buy" rating to a "neutral" rating and cut their price target for the company from $16.50 to $11.75 in a research note on Monday. Redburn Atlantic cut Stellantis from a "buy" rating to a "neutral" rating in a research note on Tuesday, April 22nd. Piper Sandler downgraded shares of Stellantis from an "overweight" rating to a "neutral" rating and lowered their price objective for the company from $23.00 to $13.00 in a research report on Thursday, March 20th. Finally, Wolfe Research downgraded shares of Stellantis from a "peer perform" rating to an "underperform" rating in a research report on Wednesday, July 2nd.

Stellantis Price Performance

Shares of STLA stock traded down $0.30 during trading on Thursday, hitting $10.08. The company had a trading volume of 18,941,082 shares, compared to its average volume of 16,628,326. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.81 and a current ratio of 1.09. The firm has a market capitalization of $30.46 billion, a P/E ratio of 2.95, a price-to-earnings-growth ratio of 0.40 and a beta of 1.44. The stock's 50-day moving average price is $10.06 and its 200 day moving average price is $11.33. Stellantis has a one year low of $8.39 and a one year high of $21.05.

Stellantis Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 5th. Shareholders of record on Thursday, April 24th were given a dividend of $0.5032 per share. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a yield of 6.07%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of STLA. Mpwm Advisory Solutions LLC acquired a new position in shares of Stellantis during the fourth quarter worth $29,000. GAMMA Investing LLC increased its holdings in shares of Stellantis by 422.3% during the first quarter. GAMMA Investing LLC now owns 3,139 shares of the company's stock worth $35,000 after buying an additional 2,538 shares in the last quarter. SVB Wealth LLC acquired a new position in shares of Stellantis during the first quarter worth $35,000. Farther Finance Advisors LLC increased its holdings in shares of Stellantis by 54.5% during the first quarter. Farther Finance Advisors LLC now owns 3,309 shares of the company's stock worth $37,000 after buying an additional 1,167 shares in the last quarter. Finally, Harbour Investments Inc. increased its holdings in Stellantis by 136.5% in the first quarter. Harbour Investments Inc. now owns 3,812 shares of the company's stock valued at $43,000 after purchasing an additional 2,200 shares during the period. 59.48% of the stock is currently owned by institutional investors and hedge funds.

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.