General Motors Company (GM) Posts Earnings Results, Beats Estimates By $0.25 EPS

22 Mai, 2017, 04:56 | Author: Marc Bacque

General Motors Company (NYSE:GM) (TSE:GMM.U) was the target of a large decrease in short interest during the month of April. 23,123 Ford Motor Company (NYSE:F) shares with value of $293,133 were sold by Thai-Tang Hau N. OJAKLI ZIAD S sold 50,309 shares worth $635,408.

Hedge funds have recently added to or reduced their stakes in the stock. DT Investment Partners LLC bought a new position in shares of General Motors Company during the third quarter worth approximately $1,018,000. Morgan Stanley now owns 34,669,708 shares of the auto manufacturer's stock valued at $418,463,000 after buying an additional 6,348,720 shares in the last quarter.

Hamlin Capital Management Llc, which manages about $2.70 billion and $2.24 billion US Long portfolio, upped its stake in At&T Inc (NYSE:T) by 290,797 shares to 1.78M shares, valued at $75.60 million in 2016Q4, according to the filing. Charter Tru has 0.13% invested in Ford Motor Company (NYSE:F) for 94,876 shares. LeJeune Puetz Investment Counsel LLC bought a new stake in shares of General Motors Company during the fourth quarter worth approximately $119,000. Rockland Trust Co. boosted its stake in Ford Motor Company by 0.4% in the first quarter. Baskin Financial Services Inc. now owns 324,275 shares of the auto manufacturer's stock worth $10,299,000 after buying an additional 9,287 shares during the period.

01/11/2017 - General Motors Company was downgraded to "underperform" by analysts at Daiwa Capital Markets. NB CA now owns 6,850 shares of the auto manufacturer's stock worth $242,000 after buying an additional 100 shares during the last quarter. Institutional investors own 54.19% of the company's stock.

General Motors Company (NYSE:GM) traded up 0.77% on Friday, hitting $32.72. Price T Rowe Inc Md invested in 14.72M shares or 0.04% of the stock. The company has a market capitalization of $49.38 billion, a price-to-earnings ratio of 5.06 and a beta of 1.32.

General Motors Company (NYSE:GM) 52-week high price stands at $38.16 and low price stands at $26.46, its price distance from 52-week high is -15.04% while its distance from 52-week low price is 22.54%.

The stock's 50 day moving average is 33.92 and its 200 day moving average is 35.24. After $1.70 actual EPS reported by General Motors Company for the previous quarter, Wall Street now forecasts 2.94 % EPS growth. The auto manufacturer reported $1.70 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.45 by $0.25. The business had revenue of $41.20 billion during the quarter, compared to analyst estimates of $37.38 billion. They expect $1.75 EPS, down 5.91 % or $0.11 from last year's $1.86 per share.

Oracle Corp Receives a New Rating from Top Analyst
Investors may also be paying close concentration to some simple moving average indicators on shares of Oracle Corporation (ORCL ). After $0.63 actual EPS reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 15.87% EPS growth.

Netflix film Okja is booed at Cannes Film Festival following technical glitch
For horror films in particular the cinema was infinitely superior, said Kelly Greer, a 24-year-old student from Nashville. A young girl named Mija tries to stop a multi-national company from kidnapping Okja , who happens to be her best friend.

Trump tells Middle East: step up in fight against 'Islamist extremism'
A second order, which dropped Iraq from the list, is tied up in federal court and the federal government is appealing. Trump said that his administration is adopting a policy of "principled realism".

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 23rd. Stockholders of record on Friday, June 9th will be given a dividend of $0.38 per share. More interesting news about General Motors Company (NYSE:GM) were released by: and their article: "General Motors Shareholders: Mark June 6 On Your Calendar" published on May 11, 2017 as well as's news article titled: "David Einhorn Comments on General Motors Company" with publication date: May 17, 2017. This represents a $0.60 dividend on an annualized basis and a yield of 5.52%.

General Motors Company had its "buy" rating reiterated by analysts at UBS.

General Motors Company (NYSE:GM) last issued its earnings results on Friday, April 28th. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of United States and global trademark & copyright laws. The original version of this report can be read at Vetr cut shares of Ford Motor Company from a "strong-buy" rating to a "buy" rating and set a $14.16 price target on the a research note on Monday, February 27th. Berenberg Bank set a $31.00 price objective on shares of General Motors Company and gave the company a "sell" rating in a research note on Thursday, March 16th. Nomura reiterated a "buy" rating and issued a $14.80 price objective on shares of Ford Motor Company in a research report on Tuesday, May 2nd.

Among 3 analysts covering The Andersons Inc (NASDAQ:ANDE), 2 have Buy rating, 0 Sell and 1 Hold. General Motors Company has a consensus rating of "Buy" and an average target price of $38.82. Also, insider Stefan Jacoby sold 2,435 shares of the company's stock in a transaction that occurred on Wednesday, March 8th. The shares were sold at an average price of $12.68, for a total transaction of $1,173,255.04. Following the completion of the sale, the insider now directly owns 85,735 shares of the company's stock, valued at approximately $3,181,625.85. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The shares were sold at an average price of $33.35, for a total value of $2,501,250.00.

Currently General Motors Company (NYSE:GM)'s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 76.9%. The disclosure for this sale can be found here. In the last ninety days, insiders sold 82,791 shares of company stock valued at $2,772,913.

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The Company's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc (GM Financial).


  • IPL'17: Mumbai Indians wins the final

    IPL'17: Mumbai Indians wins the final

    Rohit Sharma, skipper of MI scored 26 and he along with Krunal Pandya managed to build a partnership of 54 runs. The Jharkhand cricketer, playing his second IPL match this season, struck a full Karn offering to long-on.

    Melania Trump s'affiche sans voile en Arabie saoudite

    Trump était accompagné de sa femme Melania, sa fille Ivanka et l'époux de cette dernière Jared Kushner. Donald Trump entame sa première visite officielle à l'étranger, loin des affaires.

    Tennis: Zverev rejoint Isner en demi-finale à Rome

    Zverev, 20 ans, a aussi été plus opportuniste que son rival en retour de service, gagnant quatre de ses cinq balles de bris. Celui-ci a eu le dessus sur le Croate Marin Cilic en trois sets de 7-6 (3), 2-6 et 7-6 (2).
  • We are one people, Theresa May insists in plea to Scottish voters

    Your browser doesn't recognise available video formats. "Strengthen my hand as I fight to strengthen our Union". Across the United Kingdom, we may be four nations, but at heart we are one people.
    Chez Manuel Valls, pas de candidat PS, mais... Francis Lalanne — Législatives

    Chez Manuel Valls, pas de candidat PS, mais... Francis Lalanne — Législatives

    Francis Lalanne tiendra sa première conférence de presse jeudi avec Jacques Borie , dans restaurant indien d'Evry. Francis Lalanne , lui, s'est déjà présenté aux élections européennes sous une étiquette écologiste.
    Saudi king slams Iran as ´spearhead of global terrorism´

    Saudi king slams Iran as ´spearhead of global terrorism´

    US delegation members travelling with Trump, including Kushner, were in high spirits leading up to the signing ceremony. He will also visit Israeli leaders and the Pope before returning to the US.
  • Chinese state media says US should take some blame for cyberattack

    Chinese state media says US should take some blame for cyberattack

    It said that the USA had "no credible evidence" to support a ban on Chinese tech companies in the US following the cyberattack. The malware attack began on Friday and is believed to be linked to North Korea-run hacking organizations.

    WannaCry ransomware decryption tool released

    Wanna Decryptor, also known as WannaCry or wcry, is the ransomware program behind the global cyber-attack that affected the NHS. French researchers have developed a tool to save Windows files encrypted by WannaCry's ransomware attack.
    Predators vs. Ducks live stream, Game 5

    Predators vs. Ducks live stream, Game 5

    LINE HISTORY: The Ducks opened as -111 home favorites for Game 5 and by Friday evening that money line was up to -116. Anaheim return home looking to do what no other team has done in the playoffs beat Nashville in back to back games.
  • Theresa May redefines Conservatism as Tories move on from Thatcher

    In the first quarter of 2017, there were 157,000 Australian and New Zealand-born workers in the UK Labour market. She added: "Margaret Thatcher was a Conservative, I am a Conservative, this is a Conservative manifesto".
    Arms deal worth $350 billion signed

    Arms deal worth $350 billion signed

    The Saudis deeply distrusted Mr Obama's overtures to Iran and were frustrated by his restrained approach to the Syrian civil war. The package includes tanks, combat ships, missile defense systems, radar and communications, and cybersecurity technology.
    Sonia, Rahul Gandhi pay tributes to Rajiv Gandhi on 26th death anniversary

    Sonia, Rahul Gandhi pay tributes to Rajiv Gandhi on 26th death anniversary

    He had succeeded his mother Indira Gandhi as prime minister, after her assassination in October 1984. Rajiv Gandhi was assassinated on May 21, 1991, in Sriperumbudur, Tamil Nadu.


Left Attacks Black Miss USA for Saying Health Care Not a 'Right'
McCullough's win also marks the second time in a row that the victor of the pageant has been the Miss D.C. representative. The scientist says she hopes to inspire children to pursue careers in science, technology, engineering and mathematics.

Ritchie Bros Auctioneers Inc (RBA) Given Consensus Recommendation of "Hold" by Brokerages
FNY Managed Accounts LLC purchased a new stake in Ritchie Bros Auctioneers during the first quarter worth about $176,000. TD Securities reaffirmed a "sell" rating on shares of Ritchie Bros Auctioneers in a research note on Tuesday, May 9th.

Actor Tom Hanks is on the beat, flagging car for police
But a New York City driver doesn't seem to let things go as easily. A cops official returned the tweet, asking for the car's location.

La Juve en finale
La Juventus atteint donc logiquement la finale, où l'attend sans doute le Real Madrid, vainqueur 3-0 à l'aller contre l'Atletico. Les Monégasques ont eu de la réussite sur certaines actions offensives de notre part avec des derniers gestes loupés.

Crosby: Team doc gave OK after head-first fall
We know that we're going to have to play probably our best game of the series to beat them in the seventh game at home. How many goals have they given up? The Caps played extremely well in all areas of the game in Monday's Game 6 victory.

USA stocks broadly higher in afternoon trading; oil rises
The only negative was that net revenue at $117.5 billion was a little less than the $117.8 billion that was expected. Fort Point Capital Partners LLC increased its stake in shares of Wal-Mart Stores by 0.4% in the third quarter.

Iran foreign minister scorns Trump after speech, arms deal
This will contribute to enhancing cooperation between the two countries, as well as with the Arab and Islamic world, he added. Among the agreements was an arms deal worth nearly $110 billion with Saudi Arabia, described as the largest in USA history.

Manchester City romp to win at Watford to ensure third place
Manchester City boss Pep Guardiola: "This is now the seventh year in a row we are in Europe". "[Aguero] will be here next season". Sergio helps us a lot, a lot. "We showed in many moments the quality in this team and what the standard should be going forward.

Which players should KKR retain for 2018?
The fall of three Kolkata Knight Riders wickets in the powerplay overs, managing just 25 runs was a huge loss for Gambhir's side. Well, Krunal's 30-ball 45 and Karn Sharma's 4-wicket haul helped MI record a facile 6-wicket win over KKR .

Real Madrid wins its 1st Spanish title since 2012
As an attacking midfielder, Michel helped Madrid win six Liga titles and he later returned as Madrid's reserve team coach. - SB (@Realmadridplace) May 21, 2017Cristiano has scored 14 goals in his laat 9 matches for Real Madrid .