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 1.20 which means that it remains undervalued.
Superinvestors who currently hold positions in the company include:
(Shares)
Jim Simons – 5,399,526
Steve Cohen – 4,171,552
Ken Griffin – 2,546,186
Israel Englander – 1,995,583
Ken Fisher – 82,970
Francis Chou – 30,000
Joel Greenblatt – 28,780
Mario Gabelli – 20,000
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One Comment on “This Acquirers Multiple Stock Appearing In Simons, Cohen, Greenblatt Portfolios”
Although not in the list, my portfolios hold Stellantis and recently added more. Looking at volume alone is a little misleading. Margins in North America are almost twice what they are in Europe.