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EPS Marches Higher As General Motors Exits Europe


14540098 shares were traded on General Motors Company's last session. WINTON GROUP Ltd boosted its stake in shares of Ford Motor by 85.0% in the first quarter.

The No.1 US automaker announced its second-quarter net income of $2.4 billion, or $1.60 per share, which was down from $2.8 billion, or $1.74 per share a year earlier. Vanguard Group Inc owns $3.22 billion in General Motors Company, which represents roughly 5.94% of the company's market cap and approximately 8.02% of the institutional ownership.

Shares are trading at $35.57 which is a tad above $35.00, the stock's 50 day moving average and barely above the 200 day moving average of $35.28. Ford Motor Company has a 12-month low of $10.67 and a 12-month high of $13.99. General Motors also was the target of unusually large options trading on Monday. Investors acquired 17,842 put options on the stock. The relative volume (ratio between current volume and 3-month average) is presently sitting at 1.19.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, July 25th. In the last earnings report the EPS was $6.47 and is estimated to be $6.07 for the current year with 1,509,111,000 shares now outstanding. General Motors had a net margin of 5.92% and a return on equity of 22.82%. The firm had revenue of $36.48 billion for the quarter, compared to analyst estimates of $34.62 billion. During the same quarter previous year, the firm posted $0.68 EPS. In terms of recent volatility, the average for the month is 1.47% and 1.27% for the past week.

Most recently the business also announced dividend for the quarter, expected to be paid on early Fri, Sep 22nd. Stockholders of record on Monday, July 24th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date is Thursday, September 7th. Ford Motor's dividend payout ratio is now 64.52%.


Sarissa Capital Management Lp holds 44.03% of its portfolio in Ariad Pharmaceuticals, Inc. for 12.85 million shares. Bartlett And Limited reported 0% in Ford Motor Company (NYSE:F). If you are viewing this article on another publication, it was stolen and republished in violation of U.S. and worldwide trademark and copyright laws. The original version of this piece can be accessed at https://baseballnewssource.com/markets/general-motors-company-gm-lowered-to-buy-at-bidaskclub/1286708.html. Nomura reissued a "buy" rating and issued a $14.80 target price on shares of Ford Motor in a research report on Tuesday, May 2nd. Vetr cut Ford Motor from a "strong-buy" rating to a "buy" rating and set a $12.45 price target for the company.in a research note on Wednesday, May 31st. CLSA initiated coverage on General Motors in a research report on Wednesday, June 21st. Finally, Deutsche Bank AG reiterated a "hold" rating and set a $14.00 price target on shares of Ford Motor in a report on Wednesday, May 24th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company's stock. The company has an average rating of "Hold" and an average target price of $39.50.

In other news, insider John J. Quattrone sold 15,000 shares of the company's stock in a transaction on Friday, June 30th. The stock was sold at an average price of $33.85, for a total value of $90,921.10. Following the sale, the insider now directly owns 133,052 shares in the company, valued at $4,437,284.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark L. Reuss sold 75,000 shares of the company's stock in a transaction on Wednesday, May 3rd. The disclosure for this sale can be found here. The Beta for the company stands at 1.16 and its Average True Range (ATR) shows a value of 0.17.

06/13/2017 - General Motors Company had its "sell" rating reiterated by analysts at Berenberg Bank. The Business's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc. Virtus Advisers Inc has invested 0.11% in Ford Motor Company (NYSE:F).

It fall, as 77 investors sold F shares while 407 reduced holdings.

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