US auto sales fell 2 percent in February
The projected industry-wide sales total would make a 4.1 percent decrease from last February. The business is scheduled to issue its next earnings results on Thursday, April 26th. The business's revenue was down 7.7% compared to the same quarter last year. equities analysts forecast that General Motors will post 6.25 EPS for the current fiscal year. Moreover, Pictet Asset Ltd has 0.08% invested in General Motors Company (NYSE:GM) for 678,915 shares. Zacks Investment Research's earnings per share calculations are an average based on a survey of sell-side analysts that follow Ford Motor. Rockshelter Mngmt Lc has invested 3.96% of its portfolio in General Motors Company (NYSE:GM). The auto manufacturer reported $1.65 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.34 by $0.31. The firm had revenue of $38.50 billion during the quarter, compared to the consensus estimate of $36.96 billion. During the same period in the prior year, the company earned $0.30 earnings per share.
The U.S. new-vehicle market, after seven straight annual gains capped by a record 2016, dropped 1.8 percent to 17.245 million previous year. Finally, Bank of America raised their target price on General Motors from $57.00 to $60.00 and gave the stock a "buy" rating in a research report on Wednesday, February 7th.
Among 11 analysts covering LKQ (NASDAQ:LKQ), 11 have Buy rating, 0 Sell and 0 Hold. The stock of General Motors Company (NYSE:GM) has "Buy" rating given on Monday, May 16 by Citigroup. Evercore ISI boosted their price target on shares of General Motors from $40.00 to $41.38 in a research report on Friday, December 29th. Finally, Bank of America reissued a "buy" rating and issued a $57.00 price target on shares of General Motors in a research report on Tuesday, November 28th.
In related news, EVP Stefan Jacoby sold 37,961 shares of the firm's stock in a transaction that occurred on Tuesday, December 5th. The stock of General Motors Company (NYSE:GM) earned "Strong Buy" rating by S&P Research on Friday, September 18. Moody Savings Bank Tru Division holds 0.03% in General Motors Company (NYSE:GM) or 17,365 shares. The shares were sold at an average price of $43.08, for a total value of $2,173,084.44. Following the completion of the sale, the insider now owns 101,159 shares in the company, valued at approximately $1,246,278.88. In the last quarter, insiders sold 378,252 shares of company stock valued at $16,094,534.
Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also helps in determining where it may be possibly heading. Following the transaction, the insider now directly owns 103,052 shares of the company's stock, valued at $4,440,510.68. The disclosure for this sale can be found here. Insiders own 0.04% of the company's stock.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. The fund owned 598,212 shares of the auto manufacturer's stock after purchasing an additional 32,734 shares during the period.
Staley Capital Advisers Inc decreased its stake in General Motors (GM) by 1.02% based on its latest 2017Q3 regulatory filing with the SEC. Mosaic Family Wealth LLC now owns 16,275 shares of the auto manufacturer's stock worth $657,000 after buying an additional 5,450 shares during the last quarter. The fund acquired 5,667 shares of the auto manufacturer's stock, valued at approximately $232,000. Bank of New York Mellon Corp lifted its stake in General Motors by 1.0% in the fourth quarter. Ameriprise Financial Inc. now owns 5,748,615 shares of the auto manufacturer's stock valued at $232,130,000 after acquiring an additional 251,273 shares during the last quarter.
Skin bacteria could help protect against cancer: research
A skin producing bacteria can help individuals protect against skin cancer , a new study suggests. Perhaps, the research findings of this study is bit different from the previous research.
Russian Federation says reinstated by International Olympic Committee
Rodchenkov now lives in hiding in the United States. "The acrimony caused by Bach's mismanagement should be his undoing", Walden said.
Gun control debate: Trump to meet with key lawmakers Wednesday
There is broad bipartisan support for the measures. " We shouldn't be banning guns for law-abiding citizens", Ryan told reporters. Something must be done: Donald Trump has called on U.S. lawmakers to "go big" on legislation to prevent more school shootings.
Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Teachers Retirement Of The State Of Kentucky owns 0.06% invested in Ford Motor Company (NYSE:F) for 434,027 shares.
- Hyundai Motor Co. sales fell 13 percent to 46,095 as higher sales of SUVs failed to make up for declining auto sales. The firm has a market cap of $56,360.23, a price-to-earnings ratio of -13.62, a price-to-earnings-growth ratio of 0.77 and a beta of 1.59. The company has a current ratio of 1.23, a quick ratio of 1.12 and a debt-to-equity ratio of 2.94.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $1.52 annualized dividend and a yield of 4.02%.
For the trailing twelve months, this company is paying dividend with the payout ratio of 0.61% to its shareholders.
TRADEMARK VIOLATION NOTICE: This news story was posted by registrarjournal.com and is owned by of registrarjournal.com. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of USA and global trademark & copyright law.
General Motors Company is engaged in the designing, manufacturing and retailing of vehicles globally including passenger cars, crossover vehicles, and light trucks, sport utility vehicles, vans and other vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
Recommended News
-
Sparkling City close in on title by thrashing Arsenal again
Man City are now at the top of the Premier League table, 13 points ahead of second-placed Manchester United , with a game-in-hand. We must be focused. "The next six fixtures in the Premier League are awful in terms of the quality of our opponents".
02 March 20183D Realms Return with New Old School Shooter Iron Maiden
Also more physical action and interactive phases will be stuffed into the content of this game. Although, it nearly feels wrong saying "retro-inspired" when it comes to Ion Maiden .
02 March 2018Court rules EU-Morocco fishing pact can't include W Sahara
The Polisario Front independence movement and Morocco fought for control of the Western Sahara from 1974 to 1991 until an UN-brokered ceasefire. -
02 March 2018GitHub survived biggest DDoS attack every recorded
The most obvious thing that should be done is for organizations to not expose their memcached services to the public internet. These individuals used a number of compromised systems to carry out their attack on GitHub .
02 March 2018Trump attacks Sessions as 'disgraceful' - and the attorney general pushes back
A separate review of the FBI's handling of the Hillary Clinton email investigation under former Director James Comey is not late. Inspector General Michael Horowitz's office has acknowledged receiving Sessions' request but hasn't said it is investigating.
02 March 2018Florida high school shooting: What's in play for Donald Trump
Toomey, Pennsylvania Republican, said on MSNBC. "I don't care if Congress does it or not, I'm writing it out myself", he said . If they're not with you, we have to fight them every once in a while. -
02 March 2018North Korea helping Syria manufacture chemical weapons, reports claim
Security Council missions on Thursday, but diplomats said Russian Federation did not attend. The country is not a signatory to the Chemical Weapons Convention.Investors Purchase Large Volume of Call Options on Canadian Natural Resource (CNQ)
Dimensional Fund Advsrs Ltd Partnership holds 0.04% of its portfolio in Stepan Company (NYSE:SCL) for 1.04 million shares. Stifel Nicolaus upgraded Energy Transfer Partners, L.P. (NYSE:ETP) on Friday, August 5 to "Buy" rating.
02 March 2018Sony Xperia XZ2 and Xperia XZ2 Compact First Impressions
Qualcomm's Snapdragon 845 processor powers the phone, as well as 4GB of RAM so expect both phones to perform at lightning speed. So, it seems the end of this popular port gets one step closer as another smartphone joins this controversial audio revolution. -
Cops: Ohio School Shooter Changed Mind at Last Second
Investigators said it doesn't appear the boy shared his plan with anyone else and didn't have much of a presence on social media. I'll have followers because I am so awesome I know someone will follow me just like I followed Eric Harris and Dylan Klebolt's.Arsene Wenger 'hopeful' Jack Wilshere will sign new contract
New signings Henrikh Mkhitaryan and Pierre-Emerick Aubameyang are both earning DOUBLE what the midfielder takes home too. And reports suggest the Gunners and Wilshere's team are miles apart in talks over a new deal. "It's progressing.
02 March 2018Samsung S9, S9+: 50% of phones made in Vietnam
Samsung finally launched the Galaxy S9 but unlike previous events, this one at the Mobile World Congress was a little bit weird. The Galaxy S9 isn't due out for another couple weeks but that isn't stopping Samsung from collecting some early accolades.
