Exane Derivatives now owns 4,890 shares with a value of $170,776,000. AllSquare Wealth Management LLC boosted its stake in General Motors Company by 16.5% in the second quarter. Overall, volume was up 7.28% over the stocks normal daily volume. The Pzena Investment Management Llc holds 17.63M shares with $213.83M value, up from 17.42 million last quarter. State Street Corp lifted its stake in Ford Motor by 2.5% during the first quarter. It turned negative, as 77 investors sold F shares while 407 reduced holdings. Wellington Management Group LLP now owns 75,771,499 shares of the auto manufacturer's stock worth $881,979,000 after purchasing an additional 391,692 shares in the last quarter. YorkBridge Wealth Partners LLC increased its position in General Motors by 43.5% during the 2nd quarter. The stock has "Neutral" rating by Credit Suisse on Friday, January 6. Institutional investors own 72.21% of the company's stock.
In other news, insider James D. Farley, Jr. sold 25,000 shares of the business's stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $35.79, for a total transaction of $617,556.45. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Wolfe Research initiated the shares of GM in report on Tuesday, June 13 with "Hold" rating. Insiders sold a total of 170,624 shares of company stock valued at $1,912,964 in the last three months. A reading above 70 indicates that a stock is overvalued, and a reading below 30 implies that it is undervalued.
Several brokerages recently weighed in on GM. Hallmark reported 0% of its portfolio in Ford Motor Company (NYSE:F). Seaport Global initiated Ford Motor Company (NYSE:F) on Tuesday, August 9 with "Buy" rating. The hedge fund run by Louis Navellier held 31,312 shares of the containers and packaging company at the end of 2016Q4, valued at $2.66M, up from 25,638 at the end of the previous reported quarter.
Based on the latest notes released to investors, 1 analyst has issued a rating of "buy", 5 analysts "outperform", 17 analysts "hold", 1 analysts "underperform" and 1 analysts "sell". The consensus analyst target price is $11.91.
The consensus analysts recommendation at this point stands at 2.60 for General Motors Company (NYSE:GM).
Shares of General Motors Company (NYSE:GM) opened at $38.9, and ended -0.75% lower at $38.59. After keeping Technical check on movement of stock price comparison to its moving averages like 20, 50 and 200 SMA, we detected following trends of F. These trends are grabbed from latest trading activity. The stock has a market capitalization of $46.55 billion, a price-to-earnings ratio of 12.34 and a beta of 1.12. The stock has "Buy" rating by Needham on Tuesday, February 14. This is an increase of approximately 104% compared to the average daily volume of 7,211 put options.
General Motors Company was downgraded to "hold" by analysts at Standpoint Research. The business had revenue of $36.93 billion during the quarter, compared to the consensus estimate of $37.22 billion. General Motors had a return on equity of 22.45% and a net margin of 5.38%.
Quarterly Revenue Growth on year-over-year basis stands at -1.1 percent. Next quarter's EPS is estimated at $0.49 with next year's EPS anticipated to be $1.54.
05/03/2017 - General Motors Company had its "market perform" rating reiterated by analysts at BMO Capital Markets.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Girard Prns Limited has 3,039 shares for 0.07% of their portfolio. This dividend represents a yield of $5.16 which is the dividend as a percentage of the current share price. The stock of Allstate Corp (NYSE:ALL) has "Buy" rating given on Thursday, July 20 by Wells Fargo. Moreover, Gateway Advisers Lc has 0.39% invested in Ford Motor Company (NYSE:F). RBC Capital Markets maintained General Motors Company (NYSE:GM) on Sunday, August 27 with "Hold" rating. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of United States and worldwide copyright legislation. Following the transaction, the vice president now directly owns 26,100 shares of the company's stock, valued at approximately $934,119.
03/06/2017 - General Motors Company was upgraded to "buy" by analysts at Instinet. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. (GM Financial). The Company provides automotive financing services through General Motors Financial Company, Inc. It fall, as 73 investors sold GM shares while 302 reduced holdings.