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. This week we’ll take a look at:
Stellantis NV (STLA)
Stellantis NV was formed on Jan. 16, 2021, from the merger of Fiat Chrysler Automobiles and PSA Group. The combination of the two companies created the world’s fourth-largest automaker, with 14 automobile brands. In 2021, forma Stellantis had sales volume of 6.1 million vehicles and EUR 152.1 billion in revenue, albeit substantially affected by the microchip shortage. Europe is Stellantis’ largest market, accounting for 47% of 2021 global volume while North America and South America were 30% and 14%, respectively.
A quick look at the price chart below shows us that the stock is down 28% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 4.90, which means that it remains undervalued.
Superinvestors who currently hold positions in the company include:
(Shares)
Steve Cohen – 3,697,384
Jim Simons – 1,896,958
Israel Englander – 879,997
Michael Burry – 600,000
Ken Griffin – 599,380
Dan Rasmussen – 122,500
Francis Chou – 30,000
Mario Gabelli – 18,400
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One Comment on “This Acquirers Multiple Stock Appearing In Burry, Simons, Cohen Portfolios”
Johnny,
I recently added to my holdings after reading the June 2022 report. The company is still net debt free, forward and trailing PE under 3. It should be noted that, although European shipments are still a little higher than North America, the net revenue for North America is 35% higher than Europe because North American margins are 18% compared to 10% in Europe. $80,000 list price of a Jeep will do that.