Wellington Management Group LLP purchased a new position in shares of Stellantis (NYSE:STLA – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 298,007 shares of the company’s stock, valued at approximately $4,126,000.
Several other large investors also recently added to or reduced their stakes in STLA. Rothschild Investment LLC purchased a new stake in Stellantis during the second quarter valued at about $25,000. Waldron Private Wealth LLC bought a new stake in shares of Stellantis in the third quarter valued at approximately $33,000. Central Pacific Bank Trust Division purchased a new stake in shares of Stellantis during the 3rd quarter valued at approximately $35,000. 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. Finally, Darwin Wealth Management LLC purchased a new position in Stellantis in the 3rd quarter valued at approximately $47,000. Hedge funds and other institutional investors own 59.48% of the company’s stock.
Stellantis Stock Performance
NYSE:STLA opened at $13.35 on Wednesday. The company has a market capitalization of $41.82 billion, a price-to-earnings ratio of 4.38, a PEG ratio of 0.45 and a beta of 1.60. The business has a 50 day moving average of $13.30 and a 200 day moving average of $16.13. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.85. Stellantis has a 1-year low of $12.12 and a 1-year high of $29.51.
Analyst Ratings Changes
Read Our Latest Stock Analysis on Stellantis
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.
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