TNB Financial purchased a new stake in shares of Ford Motor during the first quarter valued at about $119,000. American Century Companies Inc. increased its position in Ford Motor by 22.1% in the first quarter. The institutional investor held 2.22 million shares of the auto manufacturing company at the end of 2016Q4, valued at $77.38M, down from 2.47M at the end of the previous reported quarter. The dividend was $0.380 per share for the quarter or $1.52 annualized. Analysts had on average expected earnings per share for the quarter of $1.69. Duff And Phelps Inv Mngmt Co invested 0.01% of its portfolio in General Motors Company (NYSE:GM).
Patten & Patten Inc increased Alps Trust Alerian Mlp Etf (AMLP) stake by 166,860 shares to 451,705 valued at $5.69 million in 2016Q4.
General Motors Company (NYSE:GM) (TSE:GMM.U) saw some unusual options trading on Friday.
The company posted net income of $1.66 billion, compared with a record $2.87 billion a year ago. The company has a 50-day moving average of $11.31 and a 200-day moving average of $11.74. Ford Motor has a 52-week low of $10.67 and a 52-week high of $13.99.
As the earnings date approaches, we can see that insider ownership is now 0.10% shares, and institutional ownership is at 75.20% for General Motors Company (NYSE:GM) stock. The firm had revenue of $41.20 billion during the quarter, compared to the consensus estimate of $37.38 billion. Ford Motor had a net margin of 2.48% and a return on equity of 19.36%.
Revenue was $37 billion, falling short of analyst estimates of $40.3 billion.
Jeff Windau, an analyst at Edward Jones, said GM's stock is fairly valued at its current price given the challenges the company will face over the next year or two.
Looking ahead, GM reiterated its full-year earnings guidance of $6.00 to $6.50 per share.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. General Motors's dividend payout ratio (DPR) is 23.53%. Comerica Securities Inc.'s holdings in Ford Motor were worth $746,000 as of its most recent SEC filing. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright law. The legal version of this story can be accessed at https://www.chaffeybreeze.com/2017/07/25/hartland-co-llc-boosts-stake-in-ford-motor-company-nysef.html.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Nomura reiterated a "buy" rating and set a $14.80 price target on shares of Ford Motor in a report on Tuesday, May 2nd.
F has been the topic of a number of recent research reports. BidaskClub upgraded shares of General Motors from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, July 19th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company's stock. The stock now has an average rating of "Hold" and an average price target of $13.43. Insiders have sold 139,158 shares of company stock valued at $4,643,312 over the last 90 days. The stock was sold at an average price of $33.35, for a total value of $2,501,250.00. Following the transaction, the insider now owns 428,411 shares in the company, valued at $4,781,066.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
In other news, insider James D. Farley, Jr. sold 25,000 shares of the stock in a transaction on Monday, June 12th. The stock was bought at an average price of $32.92 per share, for a total transaction of $50,038.40. The fund owned 64,125 shares of the auto manufacturer's stock after selling 134,545 shares during the period. The disclosure for this sale can be found here. Independent Order Of Foresters acquired 6,373 shares as Mid (MAA)'s stock rose 0.38%.
The stock of General Motors Company (NYSE:GM) earned "Hold" rating by Vetr on Tuesday, August 11. (GM Financial). The Company provides automotive financing services through General Motors Financial Company, Inc.