Stellantis (NYSE:STLA) Stake Increased by swisspartners Advisors Ltd

swisspartners Advisors Ltd grew its stake in shares of Stellantis (NYSE:STLA - Free Report) by 6.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 660,320 shares of the company's stock after acquiring an additional 38,220 shares during the period. Stellantis comprises 15.3% of swisspartners Advisors Ltd's investment portfolio, making the stock its 2nd biggest position. swisspartners Advisors Ltd's holdings in Stellantis were worth $8,617,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cromwell Holdings LLC boosted its holdings in Stellantis by 52.9% in the 3rd quarter. Cromwell Holdings LLC now owns 2,993 shares of the company's stock worth $42,000 after buying an additional 1,036 shares during the period. Prospera Financial Services Inc boosted its holdings in Stellantis by 9.5% in the 3rd quarter. Prospera Financial Services Inc now owns 13,681 shares of the company's stock worth $192,000 after buying an additional 1,192 shares during the period. Spire Wealth Management boosted its holdings in Stellantis by 29.7% in the 4th quarter. Spire Wealth Management now owns 5,291 shares of the company's stock worth $69,000 after buying an additional 1,211 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in Stellantis by 67.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 3,711 shares of the company's stock worth $48,000 after buying an additional 1,489 shares during the period. Finally, Caprock Group LLC boosted its holdings in Stellantis by 6.9% in the 4th quarter. Caprock Group LLC now owns 24,293 shares of the company's stock worth $317,000 after buying an additional 1,558 shares during the period. 59.48% of the stock is owned by institutional investors.

Stellantis Stock Performance

NYSE:STLA traded up $0.25 during trading hours on Thursday, hitting $13.54. The stock had a trading volume of 24,494,008 shares, compared to its average volume of 10,238,276. The company has a 50 day simple moving average of $13.10 and a two-hundred day simple moving average of $14.02. The company has a quick ratio of 0.85, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. Stellantis has a one year low of $12.12 and a one year high of $29.51.

Analyst Ratings Changes

Separately, Evercore ISI began coverage on shares of Stellantis in a report on Monday, November 11th. They issued an "inline" rating for the company. Seven research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Stellantis has a consensus rating of "Hold" and a consensus price target of $27.34.

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.