General Motors Co (NYSE:GM) Institutional Investor Sentiment Is 1.03
November 25, 2017 - By Adrian Erickson
Sentiment for General Motors Co (NYSE:GM)
General Motors Co (NYSE:GM) institutional sentiment decreased to 1.03 in 2017 Q2. Its down -0.05, from 1.08 in 2017Q1. The ratio worsened, as 371 institutional investors increased or opened new positions, while 361 trimmed and sold stock positions in General Motors Co. The institutional investors in our partner’s database now possess: 1.03 billion shares, down from 1.08 billion shares in 2017Q1. Also, the number of institutional investors holding General Motors Co in their top 10 positions decreased from 36 to 32 for a decrease of 4. Sold All: 75 Reduced: 286 Increased: 299 New Position: 72.
General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The company has market cap of $63.15 billion. The Company’s divisions include GM North America , GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc. (GM Financial). It has a 9.62 P/E ratio. The Firm provides automotive financing services through General Motors Financial Company, Inc.
The stock increased 0.38% or $0.17 on November 24, reaching $44.46. About 3.81M shares traded. General Motors Company (NYSE:GM) has risen 7.92% since November 25, 2016 and is uptrending. It has underperformed by 8.78% the S&P500.
Analysts await General Motors Company (NYSE:GM) to report earnings on February, 6. They expect $1.31 earnings per share, up 2.34 % or $0.03 from last year’s $1.28 per share. GM’s profit will be $1.86B for 8.48 P/E if the $1.31 EPS becomes a reality. After $1.32 actual earnings per share reported by General Motors Company for the previous quarter, Wall Street now forecasts -0.76 % negative EPS growth.
Greenlight Capital Inc holds 30.86% of its portfolio in General Motors Company for 54.76 million shares. Oldfield Partners Llp owns 5.47 million shares or 15.9% of their US portfolio. Moreover, Kazazian Asset Management Llc has 9.37% invested in the company for 177,204 shares. The Missouri-based Acr Alpine Capital Research Llc has invested 7.18% in the stock. Kingstown Capital Management L.P., a New York-based fund reported 2.00 million shares.#img1#
General Motors Company (NYSE:GM) Ratings Coverage
Ratings analysis reveals 50% of General Motors Company’s analysts are positive. Out of 28 Wall Street analysts rating General Motors Company, 14 give it “Buy”, 3 “Sell” rating, while 11 recommend “Hold”. The lowest target is $26 while the high is $60.0. The stock’s average target of $42.62 is -4.14% below today’s ($44.46) share price. GM was included in 79 notes of analysts from July 24, 2015. As per Tuesday, June 13, the company rating was initiated by Wolfe Research. The company was initiated on Tuesday, August 9 by Seaport Global. The stock of General Motors Company (NYSE:GM) earned “Overweight” rating by JP Morgan on Tuesday, April 19. As per Wednesday, October 25, the company rating was upgraded by Citigroup. RBC Capital Markets maintained the shares of GM in report on Thursday, October 22 with “Sector Perform” rating. The firm has “Buy” rating by Guggenheim given on Monday, November 20. Barclays Capital maintained General Motors Company (NYSE:GM) rating on Monday, January 25. Barclays Capital has “Equalweight” rating and $37 target. Citigroup maintained General Motors Company (NYSE:GM) on Wednesday, September 2 with “Buy” rating. The stock of General Motors Company (NYSE:GM) earned “Hold” rating by Nomura on Wednesday, November 1. The rating was maintained by Jefferies on Monday, October 30 with “Hold”.
More notable recent General Motors Company (NYSE:GM) news were published by: Seekingalpha.com which released: “GM And Math Review: Local Maximum Or Global Maximum?” on November 17, 2017, also Seekingalpha.com with their article: “General Motors Is Still A Good Investment” published on November 07, 2017, Seekingalpha.com published: “Guggenheim positive on GM ahead of investor event” on November 20, 2017. More interesting news about General Motors Company (NYSE:GM) were released by: Investorplace.com and their article: “Why a Strong Product Mix Will Move General Motors Company Stock to $50” published on November 13, 2017 as well as Seekingalpha.com‘s news article titled: “General Motors: Undervalued And Moving In The Right Direction” with publication date: November 23, 2017.
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