The General Motors Company (GM) Stake Reduced by Usca Ria LLC
- Author: Zachary Reyes Feb 14, 2017,
Feb 14, 2017, 2:36
Ford Motor Company (NYSE:F) last released its quarterly earnings data on Thursday, January 26th. The auto manufacturer reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.11. The company's P/E is 40.64 and Forward P/E ratio is 22.23. General Motors Company (NYSE:GM)'s average revenue estimates for the current quarter are $39.61B according to 9 number of analysts. GM President Ammann Daniel also sold 10,000 shares, at a stock price of $37. ILLEGAL ACTIVITY WARNING: This news story was first reported by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States & worldwide copyright laws.
General Motors Company's growth estimate for the current quarter is 14.3, and -4.8 percent for the next quarter. The company's stock had a trading volume of 5,631,776 shares. Finally, Barclays PLC reissued a "neutral" rating and issued a $36.00 target price on shares of General Motors Company in a research report on Tuesday, December 13th. At a price of $34.99, the stock was sold for an entire value of $74,669. And a quick view of analyst notes show that 6 are rating the stock a buy while 2 rate GM a strong buy. General Motors Company presently has a consensus rating of "Hold" and a consensus price target of $37.13.
Wall Street renowned brokerages following Ford Motor Company (NYSE:F) have now given a mean price target of $14.066 on its stock. The company's 50 day moving average price is $36.40 and its 200-day moving average price is $33.49. The firm has a market cap of $53.08 billion, a price-to-earnings ratio of 5.906 and a beta of 1.32. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The ex-dividend date is Wednesday, January 18th. (Read Latest [Free Analytic] Facts on NYSE:SEE and Be Updated) To accommodate long-term intention, the firm has diverse dividend or yield record, SEE has Dividend Yield of 1.34%. General Motors Company is headquartered in Detroit, Michigan, the United States of America. 1 Insider Sales transactions were made totaling 73389800 shares traded. Following the completion of the transaction, the insider now directly owns 503,246 shares of the company's stock, valued at $5,968,497.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The shares were sold at an average price of $36.12, for a total transaction of $91,744.80. The disclosure for this sale can be found here. Company insiders own 0.04% of the company's stock. Hedge funds and other institutional investors own 72.58% of the company's stock. Mitsubishi UFJ Kokusai Asset Management Co.
Harel Insurance Investments & Financial Services Ltd. lowered its stake in General Motors Company (NYSE:GM) (TSE:GMM.U) by 0.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. Artemis Investment Management LLP increased its stake in General Motors Company by 39.7% in the fourth quarter. BP PLC purchased a new stake in General Motors Company during the fourth quarter worth about $6,271,000. Commerzbank Aktiengesellschaft FI now owns 3,921,761 shares of the auto manufacturer's stock valued at $110,986,000 after buying an additional 947,802 shares during the last quarter. Ngam Advisors L.P. raised its stake in General Motors Company by 3.1% in the second quarter. Huntington National Bank increased its position in shares of Ford Motor Company by 370.8% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 1,820,910 shares of the auto manufacturer's stock valued at $57,850,000 after buying an additional 1,592,500 shares during the last quarter.
The Company's principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. Citigroup Inc. reissued an "overweight" rating on shares of General Motors Company in a research report on Friday, October 21st.