Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s (dated 6-30-2019). This week we’ll take a look at:
Fiat Chrysler Automobiles NV (NYSE: FCAU)
Fiat Chrysler makes passenger vehicles and light trucks. Its brands include Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Lancia, Maserati, and Ram. The company also owns Teksid and Comau. Teksid is an automotive foundry operation that provides engine, transmission, and other driveline castings. Comau makes industrial robots. The company has agreed to sell its automotive-parts supplier Magneti Marelli to Calsonic Kansei. with the closing slated for the second quarter.
A quick look at the price chart below for Fiat Chrysler shows us that the stock is down 24% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 3.11 which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Fiat Chrysler include:
Mohnish Pabrai – 12,866,047 total shares
Ken Griffin – 3,222,908 total shares
Jim Simons – 2,378,694 total shares
Guy Spier – 2,000,000 total shares
Lee Ainslie – 356,330 total shares
Joel Greenblatt – 158,481 total shares
Francis Chou – 30,000 total shares
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