Ford tops GM in US vehicle sales in May, driven by fleets

The Firm provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. The mean target of $12.50 should be compared with the price when the stock was languishing around $10.67 a share. The Ccm Investment Advisers Llc holds 194,925 shares with $2.36M value, down from 672,873 last quarter. Ford Mtr Co Del Com Par $0.01 now has $44.89 billion valuation. Pekin Singer Strauss Asset Management IL now owns 63,603 shares of the auto manufacturer's stock valued at $2,249,000 after buying an additional 273 shares in the last quarter. Following the sale, the insider now owns 292,815 shares of the company's stock, valued at approximately $3,698,253.45. General Motors Company (NYSE:GM) has risen 7.92% since June 1, 2016 and is uptrending. It has underperformed by 8.78% the S&P500.

Covalent Partners Llc increased Superior Energy Svcs Inc (Prn) (NYSE:SPN) stake by 126,117 shares to 180,246 valued at $3.04M in 2016Q4. It also reduced its holding in Ishares Tr (LQD) by 59,075 shares in the quarter, leaving it with 741,666 shares, and cut its stake in Ecolab Inc (NYSE:ECL). The auto manufacturer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.05. For the outlook of the current financial quarter, Analysts think the firm will post 0.65 earnings per share.

GM sales are off 1% through five months compared with the same period in 2016 - it has disclosed plans to lay off more than 4,000 workers since January. $152,763 worth of Ford Motor Company (NYSE:F) was sold by Gayton Bradley M on Monday, December 5.

Covering sell-side analysts have recently weighed in on shares of Ford Motor Company (NYSE:F). Therefore 65% are positive. BB&T Corp raised its position in shares of Ford Motor Company by 1.7% in the third quarter. Pekin Singer Strauss Asset Management IL increased its position in shares of General Motors Company by 0.4% in the first quarter. Zacks Investment Research lowered General Motors Company from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 14th. Yet analysts warned that carmakers may have to continue heavy discounts or slash production due to issues ranging from rising interest rates to a glut of used cars. Bank of America downgraded Ford Motor Company (NYSE:F) on Friday, April 29 to "Neutral" rating. On Tuesday, April 19 the stock rating was maintained by JP Morgan with "Overweight". This recommendation lands on a scale between 1 and 5. The company has market cap of $85.57 billion. The rating was maintained by Piper Jaffray on Friday, March 24 with "Overweight". Capital Research Invsts has invested 0.23% in General Motors Company (NYSE:GM). Barclays PLC upgraded Ford Motor Company from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $13.00 to $15.00 in a research note on Friday, February 3rd. Investors of record on Thursday, April 20th will be paid a $0.15 dividend. Peddock Capital Advisors Limited stated it has 1,700 shares or 0.01% of all its holdings. It is negative, as 77 investors sold F shares while 407 reduced holdings. Eqis Capital Management Inc. now owns 17,854 shares of the auto manufacturer's stock worth $208,000 after buying an additional 1,914 shares during the last quarter. Ray Gerald L And Assoc holds 0.17% or 97,676 shares in its portfolio. Breithorn Mngmt, New York-based fund reported 219,950 shares.

Camelot Portfolios LLC raised its position in Ford Motor Company (NYSE:F) by 16.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Kames Capital Public Limited Liability Company invested 0% in General Motors Company (NYSE:GM).

Ford shares were up 3.3 percent to $11.48 shortly after noon, with GM up 2.3 percent to $34.70. The stock is expected to report revenue as high as $39.06B and as low as $35.83B per share. Nippon Life Insurance Com owns 161,472 shares. Great West Life Assurance Can owns 1.87M shares. Parasol Invest Management Lc invested in 0.04% or 3,100 shares. West Virginia-based Wesbanco Savings Bank Incorporated has invested 0.01% in General Motors Company (NYSE:GM).

Recent session action on shares of The Kroger Co. Tci Wealth Advsrs Inc reported 0.04% stake. Moreover, Cetera Advisors Llc has 0.1% invested in the company for 33,719 shares. (NYSE:PFE) dropped -0.03% to hit $32.13. About 5 shares traded. It is down 0.00% since May 31, 2016 and is. It has outperformed by 6.37% the S&P500.

Since December 5, 2016, it had 1 insider purchase, and 7 insider sales for $1.67 million activity.

  • Zachary Reyes