WINTON GROUP Ltd Cuts Stock Holdings in Stellantis (NASDAQ:STLA)

WINTON GROUP Ltd lowered its stake in shares of Stellantis (NASDAQ:STLA) by 12.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,063 shares of the company’s stock after selling 3,861 shares during the period. WINTON GROUP Ltd’s holdings in Stellantis were worth $533,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV purchased a new position in Stellantis during the second quarter worth approximately $30,000. Montag A & Associates Inc. acquired a new stake in shares of Stellantis in the first quarter worth $28,000. Thomas White International Ltd. acquired a new stake in shares of Stellantis in the first quarter worth $74,000. Quadrant Capital Group LLC acquired a new stake in shares of Stellantis in the first quarter worth $78,000. Finally, JTC Employer Solutions Trusteee Ltd acquired a new stake in shares of Stellantis in the second quarter worth $105,000. 42.82% of the stock is currently owned by institutional investors.

Several research firms have recently issued reports on STLA. Morgan Stanley reissued an “overweight” rating on shares of Stellantis in a research report on Wednesday, July 7th. Societe Generale reaffirmed a “buy” rating on shares of Stellantis in a report on Wednesday, August 4th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Stellantis in a report on Wednesday, August 4th. Erste Group initiated coverage on shares of Stellantis in a report on Friday, August 20th. They set a “buy” rating for the company. Finally, Zacks Investment Research raised shares of Stellantis from a “sell” rating to a “hold” rating in a report on Thursday, September 2nd. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $22.67.

Shares of STLA stock opened at $18.88 on Tuesday. The firm has a market cap of $38.22 billion, a P/E ratio of 125.88, a P/E/G ratio of 0.28 and a beta of 1.68. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.12 and a quick ratio of 0.92. Stellantis has a 1-year low of $11.56 and a 1-year high of $21.99. The firm has a fifty day moving average of $19.90 and a two-hundred day moving average of $19.07.

Stellantis Company Profile

Stellantis NV is an automobile company, which engages in the manufacture of automobiles and provision of mobility solutions. It designs, engineers, manufactures, distributes, and sells vehicles under the brands Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Moper, Opel, Peugeot, Leasys, Free2move, Vauxhall, and Ram.

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Institutional Ownership by Quarter for Stellantis (NASDAQ:STLA)

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