Published: Sat, October 14, 2017
Money | By Armando Alvarado

General Motors Company (GM): What's the Story?

General Motors Company (GM): What's the Story?

Redmile Group Llc owns 4.21 million shares or 1.4% of their United States portfolio. Volumes indicate how many shares are bought and sold over a given period of time. Hermes owns 1.49 million shares. Renaissance Technologies LLC now owns 12,192,909 shares of the auto manufacturer's stock worth $147,900,000 after buying an additional 11,548,700 shares during the period.

Tiffany & Co. (NYSE:TIF) has accumulated 2.37% over the course of one week. Wellington Management Group LLP now owns 75,771,499 shares of the auto manufacturer's stock worth $881,979,000 after acquiring an additional 391,692 shares in the last quarter.

Balyasny Asset Management LLC boosted its position in shares of Ford Motor Company (NYSE:F) by 1,925.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.

Investors may be closely monitoring historical stock price performance in order to examine what has been happening with company shares. Finally, Royal Bank Of Canada reiterated a buy rating and issued a $13.00 target price on shares of Ford Motor in a report on Monday, September 18th. A total volume of 34.95 million shares were traded versus to average volume of 35.4 million shares.

Ford Motor Company has a 52 week low of $10.47 and a 52 week high of $13.27 with a P/E ratio of 12.80 The company's market cap is now $0.

In terms of Ford Motor Company (F) stock price comparison to its moving averages, shares of company are 8.97% away from the 50-day moving average and 3.52% away from 20-day average. The stock has a 50 day moving average of $11.13 and a 200 day moving average of $12.02.

Ford Motor Company (F)'s Relative Strength Index (RSI) is 80.16. Golub Grp Lc has invested 3.22% in General Motors Company (NYSE:GM). This represents an increase of 143% compared to the average volume of 2,087 call options. The auto manufacturer reported $1.89 EPS for the quarter, topping analysts' consensus estimates of $1.72 by $0.17. General Motors had a net margin of 5.38% and a return on equity of 22.45%. Freestone Limited Liability Company has 0.11% invested in Ford Motor Company (NYSE:F) for 117,099 shares. They expect $-0.43 EPS, down 16.22% or $0.06 from last year's $-0.37 per share. Investors measure stock performance on the basis of a company's earnings power.

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Maximum and minimum EPS estimate for the current quarter is projected at $1.66 and $1.25, respectively, according to 18 analysts.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 22nd.

In other news, insider Charles K. Stevens III sold 16,000 shares of the firm's stock in a transaction dated Friday, July 28th. JP Morgan maintained the shares of GM in report on Tuesday, April 19 with "Overweight" rating. This represents a $1.52 annualized dividend and a yield of 3.39%.

Several research analysts have weighed in on the stock. The count of Hold ratings in that period was 1. They presently have a $50.00 price target on the auto manufacturer's stock, up from their prior price target of $39.00. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Standpoint Research upgraded the shares of F in report on Wednesday, October 4 to "Buy" rating.

Among 27 analysts covering General Motors Company (NYSE:GM), 14 have Buy rating, 2 Sell and 11 Hold. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company. From the session open, shares have moved 0.13%. And the values below 20 that it is oversold indicate prices could very well bounce upwards. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Traders are feeling more bullish on the company recently as implied by the change in short interest. Berenberg Bank reissued a "sell" rating and issued a $31.00 target price on shares of General Motors in a research note on Tuesday, June 13th. Following the transaction, the insider now directly owns 76,358 shares in the company, valued at approximately $878,117. The disclosure for this sale can be found here. The stock's beta is 1.26. 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 (GM Financial).

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