Stocks Trapped in Bearish Claws: General Motors Company (NYSE:GM)

Vident Investment Advisory LLC now owns 184,544 shares of the auto manufacturer's stock valued at $2,239,000 after buying an additional 812 shares in the last quarter.

03/06/2017 - General Motors Company was upgraded to "buy" by analysts at Instinet. Algert Global LLC purchased a new stake in shares of General Motors Company during the third quarter valued at approximately $482,000. CAPROCK Group Inc. now owns 25,624 shares of the auto manufacturer's stock worth $322,000 after buying an additional 3,169 shares during the last quarter. BMO Capital Markets assumed coverage on Ford Motor Company in a report on Tuesday, December 20th. Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of Ford Motor Company during the fourth quarter valued at about $251,000. Northwestern Mutual Wealth Management Co. now owns 574,526 shares of the auto manufacturer's stock worth $7,222,000 after buying an additional 42,208 shares during the last quarter.

General Motors Company (NYSE:GM) (TSE:GMM.U) received a $31.00 price objective from Berenberg Bank in a research note issued on Thursday.

Ford Motor Company (F) closed 2.56% above its 200-day moving average and is 0.46% above another chart threshold, its 50-day moving average. Ford Motor Company has a 52-week low of $11.07 and a 52-week high of $14.22.

The companys revenue was up 5.5% compared to the same quarter a year ago. A Zacks consensus now shows Street analysts projecting the company to post per share earnings of $-0.18. The firm had revenue of $38.70 billion for the quarter, compared to analyst estimates of $35.12 billion. Ford Motor Company had a return on equity of 23.23% and a net margin of 3.08%. The business's revenue for the quarter was up 2.1% compared to the same quarter previous year. They are projecting Next Quarter growth of 0%. The stock has been given a mean Overweight rating after the consensus analysis of 26 Analysts.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 1st. Investors of record on Friday, March 10th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Wednesday, March 8th. This represents a $0.60 annualized dividend and a yield of 4.74%. General Motors Company's dividend payout ratio is now 25.33%. While it's Return on Investment (ROI) value is 0%. Raymond James Trust N.A. increased its stake in shares of General Motors Company by 17.0% in the third quarter. The actual number ended up being $0.14 away from what analysts were expecting. Royal Bank of Canada restated a hold rating and issued a $13.00 target price on shares of Ford Motor Company in a research note on Wednesday, January 4th. If the reported number hits or misses by a large margin, this may cause some fluctuation in the stock price over the following trading sessions.

01/11/2017 - General Motors Company had its "outperform" rating reiterated by analysts at Macquarie. Finally, Morgan Stanley boosted its position in Ford Motor Company by 22.4% in the third quarter. The consensus recommendation by Thomson Reuters analysts is Buy and their mean rating for the stock is 1.50 on scale of 1-5. General Motors Company's revenue was up 9.2% compared to the same quarter past year.

In related news, insider David L. Schoch sold 50,098 shares of the company's stock in a transaction on Friday, February 17th.

In other news, insider Bennie W. Fowler sold 92,528 shares of the firm's stock in a transaction on Thursday, March 2nd. The number of shares now owned by investors are 3.96 bln. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The highest current target price estimate provided by analysts polled by Zacks Research stands at $11. The average revenue estimate for the year ending December 2017 is $60.01B by 39 analysts.

  • Arturo Norris