Economy

General Motors Company (NYSE:GM) Sees Volume Pop in Session

General Motors Company (NYSE:GM) Sees Volume Pop in Session”

Kempen Capital Management N.V. raised its stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 19.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Corporate insiders own 1.08% of the company's stock.

Yet another important factor while evaluating a good buy/sell decision for General Motors Company (GM) is its Earnings per Share or EPS. Finally, Swiss National Bank boosted its stake in Ford Motor Company by 27.2% in the first quarter. Asset Management One Co. General Motors Company earned a coverage optimism score of 0.09 on Accern's scale. State Street Corp raised its position in General Motors Company by 3.6% in the fourth quarter. Financial Advisory Service Inc. now owns 29,866 shares of the auto manufacturer's stock valued at $348,000 after buying an additional 3,669 shares during the period. Norges Bank acquired a new stake in Ford Motor Company during the fourth quarter valued at $277,396,000. The institutional investor held 77,279 shares of the auto manufacturing company at the end of 2016Q4, valued at $937,000, down from 854,054 at the end of the previous reported quarter. Finally, Skandinaviska Enskilda Banken AB publ raised its position in General Motors Company by 697.2% in the third quarter.

Want to see what other hedge funds are holding GM? Accern also assigned news headlines about the auto manufacturer an impact score of 83 out of 100, indicating that recent news coverage is very likely to have an effect on the stock's share price in the near term. The stock's average target of $142.50 is 2.23% above today's ($139.39) share price.

Shares of Ford Motor Company (NYSE:F) opened at 11.04 on Monday. The auto manufacturer reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.25. The business had revenue of $41.20 billion for the quarter, compared to analyst estimates of $37.38 billion. Now the P/E of General Motors Company (GM) stands at 5.29. The firm's revenue for the quarter was up 3.5% on a year-over-year basis. The difference between the expected and actual EPS was $0.04/share, which represents an Earnings surprise of 11.4%. Equities analysts predict that General Motors Company will post $6.05 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, June 1st. Shareholders of record on Friday, June 9th will be paid a dividend of $0.38 per share. The ex-dividend date was Tuesday, April 18th.

General Motors Company (GM) has a market capitalization of 51.67 Billion which suggests the company is a huge company further suggesting that the shares of General Motors Company (GM) are stable and safe compared to the lower market capitalization companies.

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Several research firms have issued reports on GM. Morgan Stanley decreased their price objective on Ford Motor Company from $12.00 to $11.00 and set an "underweight" rating on the stock in a research report on Tuesday, March 7th. Jefferies Group LLC reaffirmed a "hold" rating and set a $12.00 price objective on shares of Ford Motor Company in a research report on Monday, May 22nd. Diamond Hill Capital Management Inc. raised its stake in Ford Motor Company by 5.3% in the first quarter.

Value investing is easily one of the most popular ways to find great stocks in any market environment. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. At the time of writing, the First Call consensus price target for the company is $39.50. Also, Director Jane L. Mendillo purchased 1,520 shares of the firm's stock in a transaction dated Friday, May 26th. Total Debt/Equity is 474.91 and the Book value per Share is 7.69. While the company's share hit the 52 week high on 03/06/17 stationing the value of $38.55.

In other news, insider Stefan Jacoby sold 2,670 shares of the business's stock in a transaction that occurred on Monday, April 10th. The stock was sold at an average price of $11.16, for a total value of $279,000.00. Buckingham Asset Management LLC now owns 50,560 shares of the auto manufacturer's stock valued at $589,000 after buying an additional 30,828 shares during the period. The disclosure for this sale can be found here. Insiders have sold a total of 126,828 shares of company stock worth $4,208,691 in the last three months. Numeric owns 223,800 shares or 0.03% of their USA portfolio.

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. The Firm provides automotive financing services through General Motors Financial Company, Inc.



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