General Motors: You're Upgrading It Now?!?!

Posted October 04, 2017

The stock price hovered in an intraday range of $40.8- $42.48.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. Hamlin Cap Management Limited Liability Co holds 3.92% of its portfolio in General Motors Company (NYSE:GM) for 2.69 million shares. The firm earned "Hold" rating on Thursday, September 14 by Standpoint Research.

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Lennar Corporation (LEN) increased 2.5% or $1.33 to $54.13 after the home builder reported revenues in the third-quarter ending in August soared 15% from a year ago to $3.3 billion. A rating of 4 or 5 would represent a Sell recommendation. Finally, Vetr cut Ford Motor from a "strong-buy" rating to a "buy" rating and set a $12.54 price target for the a report on Monday, September 4th.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings results on Tuesday, July 25th. The stock has a market cap of $51.72 billion, a PE ratio of 5.7550 and a beta of 1.32. The 50 day moving average was up $1.02 or +9.05% and the 200 day average moved up $1.07. General Motors has a 12 month low of $30.21 and a 12 month high of $43.70. The quarterly performance for the stock is 18.50%, while the half-yearly performance is 23.35%. The business earned $41.20 billion during the quarter, compared to analysts' expectations of $37.38 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. Analysts expect next quarter's EPS will be $0.49 with next year's EPS anticipated to be $1.54. The company's EPS growth for the following year is valued at -2.92%, indicating an EPS value of 5.60% for the past 5 years, and an EPS value of 8.30% for the coming five years.

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Ford Motor Company (NYSE:F) now has a Montier C-score of 2. Piper Jaffray Companies restated a "buy" rating and issued a $44.00 price target on shares of General Motors in a research note on Tuesday, September 12th. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and worldwide copyright laws. On Tuesday, July 25 the stock rating was maintained by RBC Capital Markets with "Hold". The company recently declared a dividend that was paid on Fri Sep 1, 2017. Brown Brothers Harriman invested in 0% or 1,241 shares. The ex-dividend date was Thursday the 7th of September 2017. General Motors's payout ratio is now 26.48%. Ingalls & Snyder Llc acquired 18,305 shares as General Mtrs Co (GM)'s stock declined 12.09%. The shares were sold at an average price of $35.80, for a total transaction of $572,800.00. Howard Hughes Med Institute stated it has 2.11% in General Motors Company (NYSE:GM). The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Charles K. Stevens III sold 16,000 shares of the company's stock in a transaction that occurred on Friday, July 28th. The company's institutional ownership is monitored at 56.8 percent. Share performance for the month is now at 12.73%. It dropped, as 90 investors sold F shares while 355 reduced holdings. Ffcm has an ownership of 3,373 stocks of the auto manufacturer's shares valued $120,000 after scooping up an extra 3,213 shares through out the quarter. Franklin Parlapiano Turner & Welch LLC purchased a new stake in General Motors in the 1st quarter worth about $106,000. FNY Managed Accounts LLC lifted its stake in Ford Motor by 0.3% in the 1st quarter. State of Alaska Department of Revenue boosted its position in General Motors by 10.5% in the 2nd quarter. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer's stock valued at $3,048,866,000 after purchasing an additional 6,013,577 shares during the period. Systematic Financial Management LP's holdings in General Motors were worth $1,617,000 at the end of the most recent quarter. After $0.73 actual earnings per share reported by Connecticut Water Service Inc for the previous quarter, Wall Street now forecasts 20.55% EPS growth.

General Motors Co. said Tuesday it sold 279,397 cars and trucks in the September, which was a 12 percent increase over the same month past year.

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