11,008 Shares in Stellantis (NYSE:STLA) Acquired by West Family Investments Inc.

West Family Investments Inc. bought a new position in Stellantis (NYSE:STLA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 11,008 shares of the company’s stock, valued at approximately $144,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Prospera Financial Services Inc boosted its stake in shares of Stellantis by 9.5% in the 3rd quarter. Prospera Financial Services Inc now owns 13,681 shares of the company’s stock valued at $192,000 after purchasing an additional 1,192 shares in the last quarter. Spire Wealth Management lifted its stake in Stellantis by 29.7% in the fourth quarter. Spire Wealth Management now owns 5,291 shares of the company’s stock worth $69,000 after purchasing an additional 1,211 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Stellantis by 67.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 3,711 shares of the company’s stock valued at $48,000 after buying an additional 1,489 shares during the period. Caprock Group LLC grew its stake in shares of Stellantis by 6.9% during the fourth quarter. Caprock Group LLC now owns 24,293 shares of the company’s stock valued at $317,000 after buying an additional 1,558 shares during the last quarter. Finally, Addison Advisors LLC increased its holdings in shares of Stellantis by 29.0% in the fourth quarter. Addison Advisors LLC now owns 7,170 shares of the company’s stock worth $94,000 after buying an additional 1,610 shares during the period. 59.48% of the stock is currently owned by institutional investors.

Stellantis Price Performance

Shares of Stellantis stock opened at $12.75 on Friday. The business has a 50 day moving average of $13.11 and a 200 day moving average of $13.76. Stellantis has a 52 week low of $11.40 and a 52 week high of $29.51. The company has a market cap of $38.53 billion, a PE ratio of 3.74 and a beta of 1.64. The company has a quick ratio of 0.85, a current ratio of 1.14 and a debt-to-equity ratio of 0.26.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. TD Cowen started coverage on Stellantis in a report on Friday. They set a “hold” rating and a $13.00 target price for the company. Evercore ISI initiated coverage on Stellantis in a research note on Monday, November 11th. They set an “inline” rating for the company. Eight research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $24.47.

Stellantis Company 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.