Edmond DE Rothschild Holding S.A. decreased its holdings in shares of Stellantis (NASDAQ:STLA) by 2.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,348,711 shares of the company’s stock after selling 100,560 shares during the quarter. Stellantis accounts for approximately 2.0% of Edmond DE Rothschild Holding S.A.’s investment portfolio, making the stock its 6th largest position. Edmond DE Rothschild Holding S.A. owned 0.21% of Stellantis worth $85,486,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Stellantis by 6.2% during the second quarter. BlackRock Inc. now owns 1,166,766 shares of the company’s stock worth $22,997,000 after buying an additional 68,107 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Stellantis by 10.5% during the 2nd quarter. Deutsche Bank AG now owns 13,370,113 shares of the company’s stock valued at $263,525,000 after acquiring an additional 1,268,767 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in Stellantis during the 2nd quarter worth $1,514,000. Westpac Banking Corp acquired a new position in Stellantis in the 2nd quarter worth about $11,727,000. Finally, Thornburg Investment Management Inc. increased its holdings in Stellantis by 13.9% in the 2nd quarter. Thornburg Investment Management Inc. now owns 106,808 shares of the company’s stock worth $2,105,000 after purchasing an additional 13,056 shares in the last quarter. 42.82% of the stock is owned by hedge funds and other institutional investors.
STLA stock opened at $18.86 on Tuesday. The stock’s 50 day simple moving average is $19.90 and its 200 day simple moving average is $19.07. The company has a market cap of $38.18 billion, a P/E ratio of 125.88, a price-to-earnings-growth ratio of 0.28 and a beta of 1.68. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.92 and a current ratio of 1.12. Stellantis has a fifty-two week low of $11.56 and a fifty-two week high of $21.99.
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.
Further Reading: How does a reverse stock split work?
Want to see what other hedge funds are holding STLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stellantis (NASDAQ:STLA).
Receive News & Ratings for Stellantis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stellantis and related companies with MarketBeat.com's FREE daily email newsletter.