Published: Wed, July 26, 2017
Markets | By Erika Turner

Ford Motor Company (NYSE:F) Experiences Lighter than Average Trading Volume

Ford Motor Company (NYSE:F) Experiences Lighter than Average Trading Volume

Moreover, Investment Centers Of America has 0.04% invested in General Motors Company (NYSE:GM) for 14,596 shares.

A number of other hedge funds have also recently made changes to their positions in the stock. Pioneer Invest Management has 0.02% invested in General Motors Company (NYSE:GM). North Star Investment Management Corp. now owns 5,215 shares of the auto manufacturer's stock valued at $184,000 after buying an additional 42 shares during the period. RMB Capital Management LLC acquired a new stake in shares of General Motors during the fourth quarter worth approximately $398,000. Legal & General Group Plc increased its position in Ford Motor by 5.2% in the first quarter. SRS Capital Advisors Inc. now owns 15,124 shares of the auto manufacturer's stock valued at $176,000 after buying an additional 8,431 shares during the last quarter. Norges Bank bought a new position in shares of General Motors during the fourth quarter valued at about $300,495,000. Pekin Singer Strauss Asset Management IL now owns 63,330 shares of the auto manufacturer's stock worth $2,206,000 after buying an additional 1,912 shares during the last quarter. Finally, Xact Kapitalforvaltning AB boosted its position in General Motors by 0.5% in the second quarter.

However, despite that cheering investors today was the fact that General Motors (GM) used the statement to repeat its earnings forecast for the year of between $6 to $6.50 per share. Barometer Mngmt has 1.62% invested in General Motors Company (NYSE:GM). The stock's market capitalization is 44.96B. The company has a 50 day moving average of $35.00 and a 200 day moving average of $35.28. Company shares have been seen trading -19.22% off of the 52 week high and 94.48% away from the 52 week low. General Motors Company (NYSE:GM) has risen 7.92% since July 25, 2016 and is uptrending. The Salzhauer Michael holds 25,809 shares with $1.09 million value, down from 46,200 last quarter. General Motors had a net margin of 5.92% and a return on equity of 22.82%. The company had revenue of $41.20 billion for the quarter, compared to analyst estimates of $37.38 billion.

Excluding one-time items, GM reported a $1.89 per share profit for the quarter, besting the $1.69 a share that Wall Street was looking for. The firm's revenue was up 10.6% compared to the same quarter previous year.

More notable recent General Motors Company (NYSE:GM) news were published by: Forbes.com which released: "Earnings Preview: What To Expect From General Motors On Tuesday" on July 23, 2017, also Seekingalpha.com with their article: "General Motors - Earnings Preview For 2nd Quarter 2017" published on July 23, 2017, Valuewalk.com published: "Ford Motor Company, General Motors Company 2Q 2017 Earnings Previews" on July 24, 2017. Stockholders of record on Monday, July 24th will be paid a $0.15 dividend. This represents a $1.52 annualized dividend and a dividend yield of 4.24%. General Motors's payout ratio is presently 23.53%.

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Ford Motor Company is a global automotive and mobility company.

Several research analysts recently issued reports on GM shares. Analysts have placed a $39.27 price target on General Motors Company, suggesting a 8.87% gain from recent close. The ex-dividend date is Thursday, July 20th. RBC Capital Markets maintained the shares of GM in report on Thursday, February 4 with "Sector Perform" rating. General Motors Company had 52 analyst reports since July 24, 2015 according to SRatingsIntel.

Berenberg starting coverage on the stock with a rating of "Sell". Royal Bank Of Canada reiterated a "hold" rating and set a $37.00 target price on shares of General Motors in a research note on Friday, July 14th. The shares were sold on May 5th for an average price of $11.11. Following the sale, the insider now directly owns 80,379 shares in the company, valued at approximately $2,720,829.15. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider John J. Quattrone sold 15,000 shares of General Motors stock in a transaction on Friday, June 30th. The shares were sold at an average price of $35.00, for a total transaction of $525,000.00. The disclosure for this sale can be found here.

Shares of Ford Motor Company (NYSE F) opened at 11.29 on Tuesday.

General Motors Company has a consensus hold rating from 24 Wall Street analysts, and the number of shares now sold short amount to at least 3.04% of shares outstanding.

General Motors reported a big drop in second-quarter earnings Tuesday on one-time restructuring costs in worldwide markets, as auto sales dipped in the cooling North American market. The Company provides automotive financing services through General Motors Financial Company, Inc The Company develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC. Insiders own 0.04% of the company's stock.

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