Ossiam Decreases Stock Holdings in Ferrari N.V. $RACE

Ossiam lowered its stake in shares of Ferrari N.V. (NYSE:RACE) by 83.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 20,648 shares of the company’s stock after selling 103,135 shares during the period. Ossiam’s holdings in Ferrari were worth $9,986,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in RACE. Mather Group LLC. purchased a new position in shares of Ferrari during the third quarter valued at approximately $27,000. Westside Investment Management Inc. boosted its holdings in Ferrari by 100.0% in the third quarter. Westside Investment Management Inc. now owns 56 shares of the company’s stock worth $27,000 after purchasing an additional 28 shares during the last quarter. Root Financial Partners LLC purchased a new stake in Ferrari in the third quarter worth approximately $28,000. Newbridge Financial Services Group Inc. bought a new stake in Ferrari in the 2nd quarter worth approximately $30,000. Finally, Virtus Advisers LLC bought a new stake in Ferrari in the 2nd quarter worth approximately $34,000.

Key Headlines Impacting Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari will debut a rotating “Macarena” rear wing in China, showing aggressive aero innovation that could improve race pace if effective. Article Title
• Positive Sentiment: Multiple outlets report Ferrari experimenting with new winglets (including a halo winglet) in China — continued on-track development may provide performance upside later in the season. Article Title
• Positive Sentiment: F1 coverage includes lifestyle/brand pieces (a day in the life of a Ferrari racing driver, Leclerc features) that support Ferrari’s premium brand and fan engagement. Article Title
• Neutral Sentiment: Ferrari is sharing technical info with customer team Haas; this collaboration manages relationships but raises questions about competitive leverage. Article Title
• Neutral Sentiment: Debate continues in media and among drivers about the Ferrari vs Mercedes dynamic — mixed commentary from Hamilton and Russell frames uncertain competitive outlook. Article Title
• Negative Sentiment: High-profile criticism: Lewis Hamilton and others say Ferrari is losing significant time to Mercedes due to engine/power-unit disadvantage — a direct hit to race-winning prospects. Article Title
• Negative Sentiment: Calls from rivals and media for Ferrari to close the PU deficit increase pressure on technical and management teams; investors may worry about costly development needs or short-term underperformance. Article Title
• Negative Sentiment: Race execution questioned after Australian GP strategy reviews and comments that Ferrari’s calls “robbed” them of a better result — operational miscues can depress short-term results and sentiment. Article Title
• Negative Sentiment: Drivers and pundits accuse Ferrari of obstructing rule-change talks and failing to learn from rivals’ mistakes — governance/PR friction could weigh on brand and on-track cooperation. Article Title

Ferrari Trading Down 0.6%

Shares of Ferrari stock opened at $332.56 on Friday. Ferrari N.V. has a 1-year low of $328.00 and a 1-year high of $519.10. The company’s fifty day simple moving average is $355.52 and its 200-day simple moving average is $398.36. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.70 and a quick ratio of 4.38. The stock has a market capitalization of $77.80 billion, a PE ratio of 32.89, a P/E/G ratio of 3.27 and a beta of 0.97.

Ferrari Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, May 5th. Investors of record on Tuesday, April 21st will be given a dividend of $3.615 per share. This represents a yield of 99.0%. This is a boost from Ferrari’s previous annual dividend of $3.13. The ex-dividend date is Tuesday, April 21st.

Analysts Set New Price Targets

Several research firms have recently weighed in on RACE. Loop Capital set a $481.67 price target on Ferrari in a report on Thursday, December 4th. BNP Paribas Exane raised Ferrari to a “strong-buy” rating in a report on Thursday, December 11th. Barclays set a $420.00 price objective on Ferrari and gave the company an “overweight” rating in a research report on Tuesday, December 9th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ferrari in a research report on Wednesday, February 11th. Finally, HSBC restated a “hold” rating on shares of Ferrari in a research note on Tuesday, January 13th. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $475.61.

About Ferrari

Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.

Founded from the automotive activities of Enzo Ferrari, the first cars bearing the Ferrari name emerged in the late 1940s; the brand has since built a reputation for performance, craftsmanship and exclusivity.