General Motors Company (NYSE:GM) Closed Over Its 50 Day Moving Average

Ford Motor Company

Ford Motor Company

Foster & Motley Inc. now owns 286,904 shares of the auto manufacturer's stock worth $3,606,000 after buying an additional 33,529 shares during the period.

Wharton Business Group Llc decreased its stake in General Motors Co (GM) by 3.67% based on its latest 2016Q4 regulatory filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in F. Rehmann Capital Advisory Group lifted its position in Ford Motor by 5.9% in the first quarter. IFC Holdings Incorporated FL now owns 32,119 shares of the auto manufacturer's stock valued at $1,120,000 after buying an additional 88 shares in the last quarter. IFC Holdings Incorporated FL now owns 85,030 shares of the auto manufacturer's stock valued at $993,000 after acquiring an additional 15,628 shares during the last quarter. Foster & Motley Inc. raised its position in Ford Motor Company by 13.2% in the second quarter. The company's quarterly revenue was up 2.1% compared to the same quarter previous year. Finally, Hamlin Capital Management LLC increased its stake in General Motors by 14.9% in the 1st quarter. Noting its average daily volume at 23.12 million shares each day over the month, this signifies a pretty significant change over the norm. Finally, Acadian Asset Management LLC lifted its position in Ford Motor by 130.3% in the first quarter. YorkBridge Wealth Partners LLC grew its stake in General Motors by 43.5% in the 2nd quarter.

More notable recent General Motors Company (NYSE:GM) news were published by: Seekingalpha.com which released: "EV Mandate Looms Over GM China Surge" on September 08, 2017, also Investorplace.com with their article: "Best Stocks for 2017: General Motors Company (GM) Is Just Warming Up" published on September 14, 2017, Seekingalpha.com published: "General Motors And The Dropping US Auto Market" on September 11, 2017. The 50 day moving average was up by +4.87% whereas the 200 day average was up by +1.75%. General Motors has a 12-month low of $30.21 and a 12-month high of $39.18. The company has a market cap of $56.66 billion, a P/E ratio of 6.76 and a beta of 1.44.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 26th. General Motors had a net margin of 5.38% and a return on equity of 22.45%. The business had revenue of $36.98 billion during the quarter, compared to analyst estimates of $37.67 billion. The current consensus recommendation provided by covering analysts is 2.00.

Another recent and important Gentex Corporation (NASDAQ:GNTX) news was published by Globenewswire.com which published an article titled: "Gentex Announces Quarterly Cash Dividend and Additional Share Repurchase ..." on August 23, 2017. Shareholders of record on Monday, July 24th were given a dividend of $0.15 per share. The ex-dividend date is Thursday, September 7th.

On August 4 the stock rating was downgraded to "Neutral" from "Buy" in a statement from Nomura. Ford Motor's dividend payout ratio is now 63.16%.

TRADEMARK VIOLATION WARNING: "General Motors' (GM) Buy Rating Reiterated at Piper Jaffray Companies" was published by BBNS and is owned by of BBNS. The total value of its holdings increased 35,627.2%. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark and copyright legislation.

Several other equities research analysts have also recently weighed in on the stock. The shares were sold at an average price of $11.34, for a total value of $453,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The shares were purchased at an average price of $35.80. Following the completion of the sale, the vice president now directly owns 26,100 shares of the company's stock, valued at approximately $934,119. The disclosure for this sale can be found here. Insiders have sold 614,947 shares of company stock worth $22,402,528 over the last 90 days. Institutional investors own 72.21% of the company's stock. Analysts have a mean recommendation of 2.40 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). More interesting news about General Motors Company (NYSE:GM) were released by: Reuters.com and their article: "China green vehicle pivot will need state support, GM chief says" published on September 15, 2017 as well as Chicagotribune.com's news article titled: "General Motors, Disney, Shell and 1200 other companies are taking steps to ..." with publication date: September 12, 2017. Short shares grew 954,103 over that period. KeyBanc Capital Markets maintained the shares of HQY in report on Tuesday, September 5 with "Buy" rating. The firm earned "Sector Perform" rating on Friday, July 24 by RBC Capital Markets. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and three have given a strong buy rating to the stock. The stock now has an average rating of "Buy" and an average target price of $38.97.

Ford Motor Company (Ford) is a global automotive and mobility company. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles.

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