Published: Mon, October 09, 2017
Tech | By Dwayne Harmon

General Motors Company (NYSE:GM) Under Analyst Spotlight

General Motors Company (NYSE:GM) Under Analyst Spotlight

The stock of JD.Com Inc (ADR) (NASDAQ:JD) earned "Market Perform" rating by Bernstein on Tuesday, May 9.

Stewart & Patten Co Llc decreased its stake in Ford Motor Co (F) by 74.35% based on its latest 2017Q2 regulatory filing with the SEC. Waldron LP boosted its holdings in shares of General Motors by 13.6% during the first quarter. Exchange Cap Mngmt holds 0.03% or 9,074 shares in its portfolio. BlackRock Inc. now owns 78,753,259 shares of the auto manufacturer's stock worth $2,750,849,000 after acquiring an additional 850,211 shares in the last quarter. Ingalls & Snyder LLC now owns 504,307 shares of the auto manufacturer's stock worth $17,832,000 after purchasing an additional 252,553 shares during the period. Finally, Kelman Lazarov Inc. acquired a new stake in shares of Ford Motor during the second quarter worth $116,000. Among active positions in the latest quarter, 469 holders increased their positions by a total of 104.22 million shares, 567 holders decreased the positions by a total of 163.65 million shares, and 141 holders held their positions. About 2,160 shares traded.

In related news, insider Alan S. Batey sold 8,144 shares of the business's stock in a transaction that occurred on Tuesday, August 15th. Shares were disposed in a price range of $11.00, amounting $886,864.00. after the transaction, the VP has an ownership of 10 stocks in the company, assessed at roughly $110. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Delineated as the total market value of all outstanding shares of the company, the current market cap for Ford Motor Company is valued at 48.97B. The disclosure for this purchase can be found here. Corporate insiders own 0.04% of the company's stock. Bp Public Ltd Co holds 0.18% of its portfolio in Ford Motor Company (NYSE:F) for 441,000 shares. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & global trademark & copyright legislation. Finally, Wellington Management Group LLP raised its holdings in Ford Motor by 0.5% during the first quarter.

General Motors Company's average Free Cash Flow per Share Growth Rate was 0 percent during the past 12 months.

It is now trading at $44.82 which is well above $38.21, the stock's 50 day moving average and well above the 200 day moving average of $35.46.

04/13/2017 - General Motors Company had its "buy" rating reiterated by analysts at UBS. Stewart & Patten Co Llc sold 276,241 shares as the company's stock declined 13.59% while stock markets rallied.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, July 25th. The auto manufacturer reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.17. General Motors had a net margin of 5.38% and a return on equity of 22.45%. The firm had revenue of $36.98 billion for the quarter, compared to the consensus estimate of $37.67 billion. The company's revenue was down.5% compared to the same quarter previous year. The third largest holder is Harris Associates L P, which now holds $2.72 billion worth of this stock and that ownership represents almost 4.24% of its market capitalization.

The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. The ex-dividend date was set for Thursday the 7th of September 2017. This represents a $1.52 annualized dividend and a dividend yield of 3.47%. General Motors's dividend payout ratio (DPR) is presently 26.48%.

A number of equities research analysts recently issued reports on the stock.

On October 3 the company was set at "Buy" in a report from Bank of America up from the previous "Neutral" rating. The current price is seen ranging between $43.68 and $44.08. Bank of America Corporation upgraded shares of General Motors from a "neutral" rating to a "buy" rating and increased their target price for the stock from $40.00 to $57.00 in a report on Tuesday. They now have a Dollars 31 price target on the stock. Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

General Motors Company (NYSE:GM) has a beta of 1.46, compared to a beta of 1 for the market, which implies that the stock's price movements are more extreme than the market as a whole.

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts.

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