Cwm LLC Has $150,000 Stock Holdings in Stellantis (NYSE:STLA)

Cwm LLC raised its position in shares of Stellantis (NYSE:STLA) by 11.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,439 shares of the company’s stock after purchasing an additional 669 shares during the period. Cwm LLC’s holdings in Stellantis were worth $150,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Acadian Asset Management LLC increased its position in Stellantis by 100,358.0% during the 3rd quarter. Acadian Asset Management LLC now owns 20,993,704 shares of the company’s stock worth $404,714,000 after purchasing an additional 20,972,806 shares in the last quarter. Invesco Ltd. acquired a new position in shares of Stellantis during the third quarter worth $232,047,000. Vanguard Group Inc. lifted its stake in shares of Stellantis by 10.5% in the 3rd quarter. Vanguard Group Inc. now owns 83,232,805 shares of the company’s stock valued at $1,592,244,000 after acquiring an additional 7,883,816 shares during the last quarter. Aviva PLC boosted its holdings in shares of Stellantis by 109.6% during the 3rd quarter. Aviva PLC now owns 2,139,219 shares of the company’s stock valued at $41,231,000 after acquiring an additional 1,118,699 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. bought a new stake in Stellantis during the 3rd quarter worth $19,130,000. 59.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on STLA. Sanford C. Bernstein downgraded Stellantis from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 28th. HSBC lowered shares of Stellantis from a “buy” rating to a “hold” rating in a report on Wednesday, January 24th. Piper Sandler assumed coverage on shares of Stellantis in a research report on Friday, March 15th. They issued an “overweight” rating and a $39.00 price target for the company. Wolfe Research began coverage on shares of Stellantis in a report on Thursday, February 1st. They set an “outperform” rating on the stock. Finally, Berenberg Bank restated a “hold” rating on shares of Stellantis in a report on Tuesday, March 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Stellantis presently has a consensus rating of “Hold” and an average target price of $30.28.

Stellantis Trading Up 1.4 %

NYSE:STLA opened at $21.86 on Monday. Stellantis has a 52 week low of $15.07 and a 52 week high of $29.51. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.95 and a current ratio of 1.24. The firm’s fifty day moving average is $26.62 and its 200-day moving average is $23.57. The firm has a market cap of $68.48 billion, a P/E ratio of 3.84, a P/E/G ratio of 0.29 and a beta of 1.65.

Stellantis Dividend Announcement

The company also recently declared an annual dividend, which was paid on Friday, May 3rd. Shareholders of record on Tuesday, April 23rd were given a dividend of $1.147 per share. The ex-dividend date was Monday, April 22nd. This represents a yield of 4.55%. Stellantis’s dividend payout ratio (DPR) is currently 29.17%.

Insiders Place Their Bets

In other Stellantis news, major shareholder N.V. Stellantis acquired 800,000 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were bought at an average cost of $4.83 per share, with a total value of $3,864,000.00. Following the purchase, the insider now directly owns 36,251,720 shares of the company’s stock, valued at $175,095,807.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders acquired 3,150,000 shares of company stock worth $15,724,500. Company insiders own 0.02% of the company’s stock.

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.