Laurion Capital Management Lp reports that it sold 3,714,495 shares in quarter ending 06/30/2017 decreasing its stake in Ford Motor Company (F) by 79.0%. State Street Corp now owns 162,887,426 shares of the auto manufacturer's stock valued at $1,896,009,000 after buying an additional 3,999,705 shares during the last quarter.
These firms have also modified their investment in F. Proshare Advisors LLC reduced its holdings by shedding 6,072 shares a decrease of 1.1% in the quarter. Finally, North Star Investment Management Corp. raised its stake in General Motors by 0.8% in the first quarter. GWM Advisors LLC purchased a new stake in shares of Ford Motor during the first quarter valued at about $117,000. Teachers Advisors LLC owned 0.22% of Ford Motor worth $100,567,000 as of its most recent SEC filing. Vanguard Group Inc. boosted its position in shares of Ford Motor by 2.3% in the first quarter. Vanguard Group Inc. now owns 93,414,041 shares of the auto manufacturer's stock worth $3,262,952,000 after buying an additional 3,560,717 shares in the last quarter. Archford Capital Strategies LLC raised its stake in Ford Motor by 7.8% in the first quarter. The firm owned 721,395 shares of the auto manufacturer's stock after buying an additional 53,986 shares during the period. Alliancebernstein has an ownership of 5,174,420 stocks of the auto manufacturer's shares valued $182,967,000 after scooping up an extra 2,407,818 shares through out the previous quarter, Lastly, State Street boosted its position in stocks of General Motors by 3.9% in the Q1. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer's stock worth $120,000 after buying an additional 34 shares during the last quarter. Insiders own 1.08% of the company's stock.
Patten Patten Tn holds 0.03% of its portfolio in Ford Motor Company (NYSE:F) for 23,355 shares. Market valuation of the company is $51.02 B, a price to earnings ratio of 6.09 along with a stock beta of 1.45. General Motors has a 1 year low of $30.13 has a 1 year high of $38.55. The stock's 50 day moving average price is $35.37 and its 200-day moving average price is $35.14.
General Motors (NYSE:GM) (TSE:GMM.U) previously announced its fiscal periodic earnings information on early Tue, Jul 25th. The auto manufacturer reported $1.89 EPS for the quarter, topping the consensus estimate of $1.72 by $0.17. The business had revenue of $36.93 billion during the quarter, compared to analyst estimates of $37.22 billion. The company's revenue for the quarter was down 1.1% compared to the same quarter past year. During the same quarter a year ago, the business earned $0.52 earnings per share. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company's stock. Stockholders of record on Friday, September 8th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.57%. General Motors's dividend payout ratio (DPR) is now 26.48%. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & worldwide copyright & trademark legislation. The correct version of this report can be viewed at https://rinconhillneighbors.org/2017/08/12/wedbush-securities-inc-buys-5851-shares-of-general-motors-company-gm.html. Vetr lowered General Motors from a "buy" rating to a "hold" rating and set a $37.42 price target on the stock.in a report on Monday, July 17th. Finally, Piper Jaffray Companies restated a "buy" rating and set a $14.00 price target on shares of Ford Motor in a research note on Friday, July 28th. Nomura reissued a "buy" rating and issued a $14.80 price objective on shares of Ford Motor in a research note on Tuesday, May 2nd.
Among 23 analysts covering F&M Bank (NYSE:F), 9 have Buy rating, 2 Sell and 12 Hold. General Motors presently has an average rating of "Hold" and a consensus target price of $39.26.
In other news, insider James D. Farley, Jr. sold 25,000 shares of Ford Motor stock in a transaction dated Monday, June 12th. The stock was bought at an average price of $32.92 per share, for a total transaction of $50,038.40. Following the sale, the insider now owns 428,411 shares in the company, valued at approximately $4,781,066.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP John T. Lawler sold 80,624 shares of the company's stock in a transaction on Thursday, August 3rd.
COPYRIGHT VIOLATION WARNING: "General Motors Company (NYSE:GM) Insider Charles K. Stevens III Sells 16,000 Shares" was reported by Week Herald and is owned by of Week Herald. The disclosure for this purchase can be found here. The institutional investor owned 28,750 shares of the auto manufacturer's stock after buying an additional 500 shares during the period.
General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. The corporation provides automotive financing services through General Motors Financial Company, The corporation develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC.
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