Franklin Parlapiano Turner & Welch LLC acquired a new stake in General Motors during the first quarter valued at approximately $106,000. Finally, Hennessy Advisors Inc. boosted its position in shares of General Motors by 92.1% in the first quarter. Texas Permanent School Fund's holdings in Ford Motor were worth $12,297,000 at the end of the most recent reporting period. The dividend payment was $0.380 per share for the quarter or $1.52 annualized. Sales also fell for Fiat Chrysler Automobiles NV and Ford Motor Co., while General Motors Co. and Toyota Motor Corp. gained. Capital Advisors Inc. OK now owns 464,560 shares of the auto manufacturer's stock worth $16,427,000 after buying an additional 149,406 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. 6,909,643 shares of the stock traded hands.
Ford Motor Company's P/E ratio is 11.61 and market capitalization is 43.81B. The firm has a 50-day moving average price of $11.05 and a 200-day moving average price of $11.43.
Ford Motor Company, launched on July 9, 1919, is a global automotive and mobility company. General Motors also was the recipient of some unusual options trading on Thursday. Investors bought 18,419 call options on the company. Volume was up 79.39% over the stocks average daily volume. In contrast to the year ago quarter EPS was at 1.38. The business had revenue of $36.98 billion for the quarter, compared to analysts' expectations of $37.67 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company's revenue was down 1.1% compared to the same quarter a year ago. As of the last earnings report the EPS was $5.75 and is expected to be $6.13 for the current year with 1,457,208,000 shares now outstanding. This sales disruption may also extend into September. The ex-dividend date was Wednesday the 7th of June 2017.
Let's have a look at some of the important valuation ratios of the General Motors Company (GM).
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General Motors Company (GM) now the company's industry has 13.05 P/E and the sector P/E is 16.11.
F has been the subject of several recent research reports. Berenberg Bank set a $31.00 price objective on shares of General Motors and gave the company a "sell" rating in a research note on Monday, August 14th. On Thursday, October 15 the stock rating was upgraded by Buckingham Research to "Buy". BidaskClub upgraded shares of General Motors from a "hold" rating to a "buy" rating in a report on Thursday, August 17th.
The largest carmakers in the US posted mixed sales results after Hurricane Harvey slammed one of the country's largest auto markets, with Nissan Motor Co. leading declines in what might have otherwise been the first month of growth for the industry this year. Finally, Vetr upgraded Ford Motor from a "buy" rating to a "strong-buy" rating and set a $12.65 price objective for the company in a research report on Tuesday, July 25th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock.
Among 23 analysts covering F&M Bank (NYSE:F), 9 have Buy rating, 2 Sell and 12 Hold.
In other Ford Motor news, insider James D. Farley, Jr. sold 25,000 shares of the firm's stock in a transaction on Monday, June 12th.