Norges Bank acquired a new stake in General Motors Company during the fourth quarter worth approximately $300,495,000.
Ally Financial Inc increased Ford Motor Co (F) stake by 25.49% reported in 2017Q2 SEC filing. The Planning Alternatives Ltd holds 60,000 shares with $671,000 value, down from 89,724 last quarter. General Motors's payout ratio is presently 26.48%.
Ownership trends and trading patterns can be useful tools for predicting a stock's performance, but it's also important to consider the technicals in order to form a more comprehensive view. YorkBridge Wealth Partners LLC raised its position in General Motors by 43.5% during the second quarter. A ratio of under 1 typically indicates that the shares are undervalued.
In total, USA vehicle sales were up 8.7% to 222,248. The value of the investment in (F) went from $2,357,000 to $1,628,000,000 a change of 68,970.9% quarter over quarter. General Motors Company has a 52-week low of $27.34 and a 52-week high of $38.55. The company has a market cap of $48.02 billion, a P/E ratio of 12.73 and a beta of 1.12.
Southwestern Energy Company (SWN) traded at an unexpectedly low on Friday, posting a -0.49% after which it closed the day' session at $6.11. This is an increase of 187% compared to the typical volume of 1,579 call options.
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Amid the topmost stocks in today's market is General Motors Company (NYSE:GM). The auto manufacturer reported $1.89 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.72 by $0.17. General Motors had a return on equity of 22.45% and a net margin of 5.38%. Next quarter's EPS is forecasted at $1.41 with next year's EPS projected to be $5.94. During the same period in the prior year, the firm earned $1.86 EPS. Caisse De Depot Et Placement Du Quebec holds 0.06% in Ford Motor Company (NYSE:F) or 2.33 million shares.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 23rd. Banque Pictet Cie invested in 0.6% or 379,771 shares. The ex-dividend date was set for Thursday the 20th of July 2017. The signs, including factory data on Monday, have helped lead the market to recent record highs and boosted shares of economically sensitive companies including in materials and industrials. The stock of General Motors Company (NYSE:GM) earned "Sector Perform" rating by RBC Capital Markets on Friday, July 22.
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). Standpoint Research cut shares of General Motors from a buy rating to a hold rating in a report on Thursday, September 14th. They now have a $51.00 price target on the auto manufacturer's stock.
The price target set for the General Motors Company (GM) is $39.52 and this sets up an interesting set of potential movement for the stock. Also, insider Charles K. Stevens III sold 16,000 shares of the company's stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $11.00, for a total value of $886,864.00. This represents a decrease of -15% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Following the completion of the transaction, the insider now owns 76,358 shares in the company, valued at $878,117. The stock was sold at an average price of $33.85, for a total transaction of $90,379.50. Capital World Investors now owns 31,327,192 shares of the auto manufacturer's stock valued at $1,094,259,000 after purchasing an additional 1,500,500 shares during the last quarter. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.
General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The Company's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc.