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giftedviz.com October 22, 2018


General Motors reports 3.9 billion Dollars loss in 2017

08 February 2018, 09:35 | Austin Hogan

General Motors employees receiving $11,700 profit sharing checks Close-up

General Motors employees receiving $11,700 profit sharing checks Close-up

The company's revenue for the quarter was down 7.7% on a year-over-year basis. research analysts expect that General Motors will post 6.42 earnings per share for the current fiscal year. Arizona State Retirement Sys owns 351,185 shares. Clear Harbor Asset Management LLC's holdings in General Motors were worth $3,671,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company.

GM's announcement comes on the heels of Ford Motor's profit-sharing payouts of $7,500 for 54,000 employees, which was in addition to the $2,000 bonuses it paid employees because of President Donald Trump's tax reform law. Finally, Pzena Investment Management LLC lifted its stake in Ford Motor by 6.7% in the 3rd quarter. Aviva Public Limited Liability Corporation, United Kingdom-based fund reported 2.87M shares. Fayez Sarofim & Co. bought a new stake in General Motors in the 3rd quarter valued at $202,000. Bank of New York Mellon Corp lifted its stake in Ford Motor by 7.6% in the 3rd quarter. Company insiders own 0.04% of the company's stock.

F has been the topic of several research reports. There are brokerage firms with lower targets than the average, including one setting a price target of $8. The Stock has its 52-week High of $13.48 and 52-Week Low of $10.24 and it touched its 52-week high on 01/16/18 and 52-Week Low on 02/05/18.

General Motors Company (GM) belonging to the Consumer Cyclical sector has surged 5.87% and closed its last trading session at $41.86.

On 1/4/2018 Mark L Reuss, Insider, sold 30,000 with an average share price of $43.09 per share and the total transaction amounting to $1,292,700.00. Zacks Investment Research raised Ford Motor from a "hold" rating to a "buy" rating and set a $14.00 price target on the stock in a research note on Tuesday, October 31st. Analysts have a mean recommendation of 3.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). They may also be used to assist the trader figure out proper support and resistance levels for the stock. When we look at the Volatility of the company, Week Volatility is at 6.97% whereas Month Volatility is at 4.77%. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The insider Hinrichs Joseph R sold $453,600. Also, it has an estimated price-earnings (P/E) multiple of 6.75 and a trailing 12-month price-earnings (P/E) multiple of 5.39. Vitol Holding Sarl who had been investing in Scorpio Tankers Inc for a number of months, seems to be bullish on the $760.59M market cap company. The disclosure for this sale can be found here. The stock has a market cap of 61.53 Billion.

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COPYRIGHT VIOLATION WARNING: "LeJeune Puetz Investment Counsel LLC Buys 17,650 Shares of Ford Motor (NYSE:F)" was first reported by The Lincolnian Online and is owned by of The Lincolnian Online. The Quebec - Canada-based Hexavest has invested 0.66% in General Motors Company (NYSE:GM). The company has Beta Value of 1.62 and ATR value of 1.14. During the last 52 weeks, the (NYSE:F) price has been as high as $13.33 and as low as $10.35. Barclays Capital maintained it with "Hold" rating and $36 target in Monday, September 21 report. The auto manufacturer reported $0.39 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by ($0.03).

General Motors Company holds a total Debt Equity of * with the Long Term Debt/Equity of *.

Revenue for the quarter fell to $37.7 billion from $39.9 billion a year earlier.

However, adjusted earnings for the quarter were $1.65 per share, compared to $1.36 per share a year ago. While, the analyst predicted that the company could provide an EPS of $0.42/share. Stockholders of record on Friday, March 9th will be issued a dividend of $0.38 per share.

On 10/23/2017 announced a quarterly dividend of $0.38 3.27% with an ex dividend date of 12/7/2017 which will be payable on 12/8/2017. General Motors's payout ratio is now 77.95%. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of US & worldwide trademark & copyright law.



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