General Motors (GM) Issues Quarterly Revenue Results

Ford seen by Piper Jaffray as a step behind

Technical investors may be checking certain levels on General Motors Company (NYSE:GM) shares. Presently, General Motors Company (NYSE:GM)'s Williams Percent Range or 14 day Williams %R is resting at -44.67.

A number of other institutional investors and hedge funds have also made changes to their positions in GM. Franklin Resources Inc. increased its holdings in shares of General Motors by 26.7% in the 4th quarter. Daiwa Securities upgraded the shares of F in report on Monday, October 31 to "Neutral" rating. Skylands Capital LLC now owns 858,400 shares of the auto manufacturer's stock worth $35,186,000 after acquiring an additional 25,200 shares during the period. LSV Asset Management increased its stake in General Motors by 3.7% in the first quarter. Skylands Capital LLC increased its position in General Motors by 3.0% during the fourth quarter. Rafferty Asset Ltd Liability Com accumulated 0.01% or 12,170 shares. On Friday, March 2 Thai-Tang Hau N also sold $160,554 worth of Ford Motor Company (NYSE:F). Keeping tabs on the underlying company fundamental data can help provide the investor with a better idea of whether to hold on to a stock or let it go.

In other General Motors news, CAO Thomas S. Timko sold 8,461 shares of the stock in a transaction that occurred on Thursday, February 15th. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 78,008,491 shares of the stock are valued at $2.88 billion. The expected future increase in earnings per share ("EPS") is an incredibly important identifying an under-valued stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

On 10/4/2017 Steven R Armstrong, Insider, sold 22,076 with an average share price of $12.37 per share and the total transaction amounting to $273,080.12. The stock was sold at an average price of $42.06, for a total value of $355,869.66. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 40,209,405 shares of company stock worth $1,596,964,126.

NYSE:F - Ford Motor (NYSE:F) has insider ownership of 0.95% and institutional ownership of 56.25%.

ITC shares up 1.5% post Q4 results
Earnings before interest, tax, depreciationand amortisation (EBITDA) is likely to surge 9 percent YoY to Rs 4,236 crore. However, its hotel business fared better, posting an EBIT jump of 13 per cent year-on-year in the quarter under review.

In the transaction dated February 15, 2018, the great number of shares disposed came courtesy the Executive Vice President; Reuss Mark L disposed a total of 165,944 shares at an average price of $41.85, amounting to approximately $6,944,756. Janney Capital Management Llc who had been investing in General Motors Company for a number of months, seems to be less bullish one the $52.49 billion market cap company. Liberty Mutual Asset Management holds 0.06% in General Motors Company (NYSE:GM) or 52,271 shares. The company has a quick ratio of 0.73, a current ratio of 0.86 and a debt-to-equity ratio of 1.96.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its earnings results on Thursday, April 26th. The auto manufacturer reported $1.43 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.24 by $0.19. The firm's quarterly revenue was up 7.2% compared to the same quarter previous year. General Motors had a negative net margin of 3.76% and a positive return on equity of 23.03%. During the same quarter in the prior year, the business posted $0.39 EPS. The stock of Ford Motor Company (NYSE:F) has "Hold" rating given on Friday, September 8 by Jefferies.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 22nd. This represents a $1.52 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Thursday, April 19th. General Motors had 16 analyst reports since November 20, 2017 according to SRatingsIntel. JP Morgan maintained the stock with "Overweight" rating in Tuesday, March 13 report. Royal Bank of Canada set a $52.00 target price on shares of General Motors and gave the stock a "buy" rating in a research report on Tuesday, February 6th. The stock of General Motors Company (NYSE:GM) earned "Buy" rating by Guggenheim on Monday, November 20. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the company's stock.

On 1/16/2018 NYSE:F - Ford Motor announced a Quarterly dividend of $0.15 5.42% with an ex dividend date of 1/29/2018 which will be payable on 3/1/2018. The company operates through GM North America, GM International, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Opel, Vauxhall, Baojun, Jiefang, and Wuling brand names. 93,214 are held by Fund Management Sa.



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