O Shaughnessy Asset Management LLC decreased its holdings in shares of Stellantis (NASDAQ:STLA) by 29.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,161 shares of the company’s stock after selling 20,519 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Stellantis were worth $949,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of STLA. Janney Montgomery Scott LLC acquired a new stake in Stellantis during the first quarter worth $189,000. US Bancorp DE acquired a new stake in shares of Stellantis in the first quarter valued at $372,000. IFP Advisors Inc acquired a new stake in shares of Stellantis in the first quarter valued at $33,000. Commonwealth Equity Services LLC acquired a new stake in shares of Stellantis in the first quarter valued at $304,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Stellantis in the first quarter valued at $855,000. 42.82% of the stock is owned by institutional investors.
Stellantis stock opened at $20.04 on Wednesday. Stellantis has a fifty-two week low of $11.56 and a fifty-two week high of $21.99. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.92 and a current ratio of 1.12. The company has a market capitalization of $40.57 billion, a P/E ratio of 133.61, a PEG ratio of 0.27 and a beta of 1.68. The stock has a 50-day simple moving average of $19.86 and a 200-day simple moving average of $18.97.
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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