McQueen Ball & Associates Inc. Sells 110 Shares of General Motors Company (GM)

Joanna Estrada
Августа 18, 2017

Edgemoor Invest Advsrs Inc reported 2.07% of its portfolio in General Motors Company (NYSE:GM). Finally, Jacobi Capital Management LLC increased its stake in shares of Ford Motor by 16.3% in the first quarter.

The stock, as of recent close, has shown weekly downbeat performance of 1.1% which was maintained at -8.089% in 1-month period, and is down 10.61% in this year. Geode Capital Management LLC raised its position in General Motors by 9.9% in the first quarter. The Concert Wealth Management Inc holds 127,632 shares with $1.55 million value, down from 323,439 last quarter.

Ford Motor Company is a global automotive and mobility company. The value in dollars increased from $18,263,000 to $20,075,000 increasing 9.9% since the last quarter. Dimensional Fund Advisors LP raised its position in General Motors by 2.0% in the first quarter. Berenberg Bank fixed a $10.00 target price on stock of Ford Motor and issued the company a "sell" recommendation in a analysis note on Mon, Jun 12th. crowd sourced stock rating company Vetr lifted shares of Ford Motor from a "buy" recommendation to a "strong-buy" recommendation and fixed a $12.65 target price for The corporation in a study note on early Tue, Jul 25th. General Motors Company has a one year low of $30.13 and a one year high of $38.55.

The stock's 50 day moving average is 11.23 and its 200 day moving average is 11.56. Ford Motor Co. (F) has the market capitalization of 43.05 Billion. 2065 shares were traded on Ford Motor Company's last session. The auto manufacturer reported $0.56 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.13. The company had revenue of $36.93 billion for the quarter, compared to analysts' expectations of $37.22 billion. During the same period past year, the firm posted $1.86 earnings per share. During the same quarter previous year, the firm posted $1.86 earnings per share. On average, equities research analysts forecast that General Motors Company will post $6.14 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. TNB Financial purchased a new position in shares of Ford Motor during the first quarter worth about $119,000. More interesting news about Phillips 66 (NYSE:PSX) were released by: Chron.com and their article: "Phillips 66 posts gain from growing refining profits" published on August 01, 2017 as well as Nasdaq.com's news article titled: "Phillips 66 (PSX) Ex-Dividend Date Scheduled for August 16, 2017" with publication date: August 15, 2017. This represents a $1.52 annualized dividend and a dividend yield of 4.25%. General Motors's dividend payout ratio (DPR) is now 26.48%.

Egerton Capital Uk Llp increased Mohawk Inds Inc (MHK) stake by 24.51% reported in 2016Q4 SEC filing. Balentine added additional shares of Ford Motor by 2.6% in the Q1. If you are reading this piece on another domain, it was illegally copied and republished in violation of worldwide trademark and copyright legislation.

A number of research firms have recently commented on GM. On June 21 analysts at Guggenheim began coverage of F with a rating of "Neutral". The stock of Phillips 66 (NYSE:PSX) has "Market Perform" rating given on Monday, March 28 by Cowen & Co. Bank of America Corporation reiterated a "buy" rating and set a $40.00 target price (down previously from $44.00) on shares of General Motors in a research report on Friday, June 16th. Zacks Investment Research lowered General Motors from a "hold" rating to a "strong sell" rating in a research note on Monday, July 24th. On Tuesday, April 19 the stock rating was maintained by JP Morgan with "Overweight". Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, ten have issued a buy rating and three have assigned a strong buy rating to the stock. The company presently has an average rating of "Hold" and an average price target of $39.26. Also, Director Jane L. Mendillo bought 1,520 shares of the business's stock in a transaction that occurred on Friday, May 26th. The total value of its holdings decreased 66.6%.

COPYRIGHT VIOLATION NOTICE: "General Motors Company (GM) Shares Bought by Legal & General Group Plc" was reported by Week Herald and is owned by of Week Herald. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 6,927,272 shares of the company's stock traded hands. The shares were sold at an average price of $34.77, for a total transaction of $8,145,706.98. Following the transaction, the insider now owns 428,411 shares of the company's stock, valued at approximately $4,781,066.76. The disclosure for this purchase can be found here. Insiders have sold 369,001 shares of company stock worth $12,827,204 in the last quarter. Corporate insiders own 0.04% of the company's stock. The Financial Services segment primarily includes its vehicle-related financing and leasing activities at Ford Motor Credit Company LLC.

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