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General Motors Company (GM) Backs Outlook As Q3 Earnings Top View

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Will Ford Stock Catch Up to General Motors

PGGM Investments now owns 2,084,544 shares of the auto manufacturer's stock valued at $84,174,000 after buying an additional 297,360 shares during the last quarter. Franklin Parlapiano Turner & Welch LLC acquired a new position in General Motors during the 1st quarter valued at about $106,000. FNY Managed Accounts LLC bought a new stake in General Motors during the first quarter valued at about $107,000. In the same period a year ago, the company reported EPS of $1.72 on revenues of $38.89 billion. Days to cover decreased 0.0 to 3.0 and the percentage of shorted shares was 0.03% on September 29. Aberdeen Asset Management Public Limited Uk holds 0.07% or 636,741 shares in its portfolio.

GM shares rose 1.7 percent to $45.92 in morning trading. Following the sale, the insider now owns 77,052 shares in the company, valued at approximately $2,758,461.60.

On 9/25/2017 Daniel Ammann, President, sold 40,000 with an average share price of $40.19 per share and the total transaction amounting to $1,607,600.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 217,700 shares of company stock worth $2,486,044. As per Tuesday, July 11, the company rating was maintained by RBC Capital Markets.

The company's P/E ratio is 7.85 and market cap is 65.79B.

However, the investment bank said GM, now at a higher stock value, "faces the rather high-quality problem of execution risk, while the underlying market fundamentals become more hard to sustain". Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. During the same period in the prior year, the business posted $1.50 earnings per share. Pinnacle Associates holds 0.14% of its portfolio in General Motors Company (NYSE:GM) for 201,138 shares.

The automaker expects full-year earnings per share to be $6-$6.50, compared with analysts' consensus of $6.29.

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More notable recent Ford Motor Company (NYSE:F) news were published by: Investorplace.com which released: "Ford Motor Company Keeps on Truckin" on October 17, 2017, also Fool.com with their article: "What's Driving Ford Motor Company's Woes in Europe?" published on September 30, 2017, Seekingalpha.com published: "Ford - A Huge "Special Item' Has Been Overlooked" on October 20, 2017.

The company recently announced a dividend for shareholders paid on Friday September 22nd, 2017. General Motors's dividend payout ratio is 26.48%.

A number of research firms have issued reports on GM. The rating was maintained by UBS with "Buy" on Wednesday, October 11. General Motors now has a consensus rating of "Buy" and an average target price of $42.50. Morgan Stanley initiated coverage on shares of General Motors in a research note on Wednesday, June 28th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the stock.

Highvista Strategies Llc decreased General Mtrs Co (GM) stake by 66.84% reported in 2017Q2 SEC filing. If you are viewing this story on another domain, it was illegally stolen and reposted in violation of USA & global trademark & copyright laws. Bancorpsouth Incorporated holds 0.22% or 62,944 shares in its portfolio.

General Motors Company, launched on August 11, 2009, designs, builds and sells cars, trucks, crossovers and automobile parts.

Industry analysts have predicted a slight decline for USA new auto sales in 2017, driven in part by a flood of nearly-new, low-mileage off-lease vehicles into the market. It dropped, as 75 investors sold GM shares while 286 reduced holdings.

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