Published: Mon, January 01, 2018
Business | By Tara Barton

General Motors (GM) Insider Sells $2173084.44 in Stock

General Motors (GM) Insider Sells $2173084.44 in Stock

Following the completion of the sale, the insider now owns 57,091 shares in the company, valued at approximately $2,459,480.28. The institutional investor held 291,672 shares of the auto manufacturing company at the end of 2017Q3, valued at $11.78 million, down from 376,746 at the end of the previous reported quarter. The stock decreased 0.94% or $0.39 during the last trading session, reaching $40.99. About 6.58M shares traded. Royal Bank of Canada upgraded General Motors from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from $51.00 to $52.00 in a research report on Tuesday, December 19th. It has underperformed by 33.33% the S&P500.

Northeast Investment Management decreased its stake in Weyerhaeuser Co Reit (WY) by 11.49% based on its latest 2017Q3 regulatory filing with the SEC.

In related news, insider Bennie W. Fowler sold 92,528 shares of the company's stock in a transaction that occurred on Thursday, March 2nd. The institutional investor owned 39,609,473 shares of the auto manufacturer's stock after acquiring an additional 410,123 shares during the period. Affinity Wealth Management who had been investing in Ford Mtr Co Del for a number of months, seems to be less bullish one the $49.61B market cap company. Stockholders of record on Friday, December 8th were given a $0.38 dividend. It has underperformed by 1.24% the S&P500. Nuveen Asset Mngmt Llc holds 0.16% of its portfolio in General Motors Company (NYSE:GM) for 598,560 shares. Lmr Limited Liability Partnership reported 304,793 shares. Syntal Prtnrs Ltd Limited Liability Company stated it has 0.22% in Ford Motor Company (NYSE:F). Koch Indus holds 0.08% in Ford Motor Company (NYSE:F) or 26,702 shares. Planning Corporation accumulated 0.39% or 154,914 shares. 36 were accumulated by Tradewinds Capital Limited Liability.

Dimensional Fund Advisors LP increased its holdings in shares of Ford Motor (NYSE:F) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Lehman Finance Resources reported 67,653 shares. Bp Public Ltd owns 54,000 shares or 0.23% of their U.S. portfolio. The Illinois-based Magnetar Limited Com has invested 0.01% in Ford Motor Company (NYSE:F). Oppenheimer And Company Inc, a New York-based fund reported 98,876 shares. Citigroup Inc holds 0.06% or 1.74 million shares in its portfolio. Voya Inv Management Ltd Com holds 733,061 shares. Amf Pensionsforsakring reported 0.09% of its portfolio in Ford Motor Company (NYSE:F).

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ILLEGAL ACTIVITY NOTICE: "Insider Selling: General Motors (GM) EVP Sells 37,961 Shares of Stock" was reported by Week Herald and is the sole property of of Week Herald. Therefore 35% are positive. ServiceNow Inc had 94 analyst reports since July 21, 2015 according to SRatingsIntel. Nordstrom, Inc. (NYSE:JWN) has risen 9.86% since December 31, 2016 and is uptrending. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. RBC Capital Markets maintained Ford Motor Company (NYSE:F) on Tuesday, July 11 with "Buy" rating. Deutsche Bank maintained the shares of JWN in report on Friday, October 2 with "Buy" rating. The firm has "Hold" rating by Barclays Capital given on Monday, September 21. The company was maintained on Tuesday, May 23 by Jefferies. Citigroup maintained the shares of GM in report on Monday, October 2 with "Buy" rating. The rating was maintained by Piper Jaffray on Monday, October 16 with "Buy".

Analysts await Weyerhaeuser Company (NYSE:WY) to report earnings on February, 2. During the same quarter in the previous year, the firm earned $0.58 earnings per share. GM's profit will be $1.83 billion for 7.94 P/E if the $1.29 EPS becomes a reality. After $1.32 actual earnings per share reported by General Motors Company for the previous quarter, Wall Street now forecasts -2.27 % negative EPS growth. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. Therefore 83% are positive. The business's quarterly revenue was down 16.6% compared to the same quarter last year. analysts anticipate that General Motors will post 6.25 EPS for the current year. The stock of General Motors Company (NYSE:GM) earned "Neutral" rating by Bank of America on Wednesday, October 26. On Friday, April 29 the stock rating was maintained by UBS with "Buy". The firm earned "Buy" rating on Sunday, August 13 by RBC Capital Markets. BMO Capital Markets maintained the stock with "Hold" rating in Sunday, October 29 report. The firm has "Outperform" rating by RBC Capital Markets given on Tuesday, June 27. (NYSE:JWN) has "Neutral" rating given on Friday, August 14 by Macquarie Research. The company was upgraded on Monday, January 9 by Raymond James. State Of New Jersey Common Pension Fund D owns 735,000 shares or 0.12% of their USA portfolio.

Investors sentiment increased to 1.1 in 2017 Q3. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 1.54. It improved, as 31 investors sold WY shares while 275 reduced holdings. 84 funds opened positions while 244 raised stakes. 282.75 million shares or 0.59% less from 284.42 million shares in 2017Q2 were reported. Burt Wealth Advsrs holds 216 shares. Crow Point Prtnrs invested 0.02% in General Motors Company (NYSE:GM). Moreover, Visionary Asset Mgmt Inc has 0.09% invested in Nordstrom, Inc. American Registered Invest Advisor Inc owns 15,520 shares.

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