Stellantis (NYSE:STLA) Shares Bought by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC grew its holdings in Stellantis (NYSE:STLA) by 1.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 176,075 shares of the company’s stock after purchasing an additional 3,145 shares during the period. OneDigital Investment Advisors LLC’s holdings in Stellantis were worth $2,474,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of STLA. Envestnet Portfolio Solutions Inc. raised its holdings in Stellantis by 5.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 10,508 shares of the company’s stock valued at $298,000 after buying an additional 562 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Stellantis by 4.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,533 shares of the company’s stock worth $288,000 after acquiring an additional 636 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Stellantis by 6.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 11,519 shares of the company’s stock worth $326,000 after purchasing an additional 656 shares during the period. Legacy Capital Group California Inc. increased its holdings in Stellantis by 7.0% in the 2nd quarter. Legacy Capital Group California Inc. now owns 10,777 shares of the company’s stock valued at $214,000 after purchasing an additional 707 shares during the last quarter. Finally, CWM LLC raised its position in Stellantis by 7.6% in the second quarter. CWM LLC now owns 12,424 shares of the company’s stock valued at $247,000 after purchasing an additional 874 shares during the period. Institutional investors and hedge funds own 59.48% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on STLA shares. Barclays lowered Stellantis from an “overweight” rating to an “equal weight” rating in a research report on Thursday, October 3rd. Nomura raised Stellantis from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 31st. Royal Bank of Canada reissued a “sector perform” rating on shares of Stellantis in a research report on Friday, October 4th. Evercore ISI began coverage on shares of Stellantis in a report on Monday, November 11th. They issued an “inline” rating for the company. Finally, Wolfe Research reiterated a “peer perform” rating on shares of Stellantis in a report on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Stellantis presently has a consensus rating of “Hold” and an average target price of $27.34.

Stellantis Price Performance

Stellantis stock opened at $13.34 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.14 and a debt-to-equity ratio of 0.26. The company has a fifty day simple moving average of $13.98 and a 200-day simple moving average of $17.56. Stellantis has a 12-month low of $12.74 and a 12-month high of $29.51.

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.