General Motors Company (GM) Stock Pops on Earnings Beat


General Motors Company (GM) Stock Pops on Earnings Beat

Stewart & Patten Co Llc sold 276,241 shares as the company's stock declined 13.59% while stock markets rallied.

The company is down since yesterday's close of 45.61. Prentiss Smith invested in 3,000 shares or 0.02% of the stock. Atlantic Coast Financial Corp (ACFC) has risen 25.44% since October 24, 2016 and is uptrending. It has underperformed by 33.33% the S&P500. Boyd Watterson Asset Mgmt Limited Com Oh holds 0.48% of its portfolio in General Motors Company (NYSE:GM) for 27,000 shares. Advsrs Asset Mngmt Incorporated owns 463,757 shares or 0.09% of their U.S. portfolio.

The automaker generated auto operating cash flow of $1.1B during the quarter vs. $6.1B a year ago.

The company now has a P/E ratio of 7.85 and the market cap is 65.79B. $6's average target is 109.06% above currents $2.87 stock price. About 19.82M shares traded or 31.96% up from the average.

General Motors reported on Tuesday a net loss of 3 billion US dollars in the third quarter this year despite robust results in North America and China.

General Motors Company has also announced a quarterly dividend of 38 cents per share. The rating was downgraded by Standpoint Research to "Hold" on Thursday, September 14.

About 4,047 shares traded. After posting $0.56 EPS for the previous quarter, Ford Motor Company's analysts now forecast -44.64 % negative EPS growth. Insiders sold 852,901 shares of company stock valued at $32,378,733 over the last three months. Citigroup has "Buy" rating and $53.0 target. The firm has "Sector Perform" rating given on Friday, July 24 by RBC Capital Markets. The stock has "Strong Buy" rating by S&P Research on Friday, September 18.

After long questioning GM's strategy, investors appear to finally be buying in, the automaker's stock rising 30% so far this year, and showing more upward momentum in early morning trading on Tuesday. The company was maintained on Friday, July 24 by RBC Capital Markets. The stock of President Energy PLC (LON:PPC) has "Buy" rating given on Monday, January 9 by Peel Hunt. Its down 0.06, from 1.08 in 2017Q1.

Want to see what other hedge funds are holding GM? 76 funds opened positions while 292 raised stakes. Finally, Ffcm LLC boosted its holdings in General Motors by 2,008.1% during the second quarter. General Motors Company has a 12 month low of $26.69 and a 12 month high of $37.74. 98 were accumulated by Ironwood Fincl Ltd Liability. 567 were reported by Tarbox Family Office. Naples Ltd Liability holds 0.35% in Ford Motor Company (NYSE:F) or 88,825 shares. Us Bankshares De owns 8,434 shares or 0% of their US portfolio.

Investors sentiment decreased to 0.96 in 2017 Q2. It is positive, as 48 investors sold FB shares while 553 reduced holdings. Oarsman Inc reported 0.6% stake. San Francisco Sentry Investment Group (Ca) holds 223 shares or 0% of its portfolio. Federated Pa has 883,070 shares for 0.38% of their portfolio. Dana Advsr holds 1.68% or 237,189 shares. Atlanta Capital reported 16,990 shares. Mayo Advisers Llc invested in 0.71% or 50,000 shares. Cambridge Fincl Incorporated holds 0% or 42,961 shares. 10,470 were reported by Highstreet Asset. Ajo Lp holds 0.05% or 488,358 shares in its portfolio. (NASDAQ:CA). Brinker Capital has 204,241 shares. Riverhead Cap Ltd Liability Corporation stated it has 100,749 shares. The firm experienced a rise in short interest of 1.17% as of September 29, 2017 from the last reporting period.

Analysts await CA, Inc. CA's profit will be $240.12 million for 15.01 P/E if the $0.57 EPS becomes a reality. The auto manufacturer reported $1.32 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.11 by $0.21.

More news for CA, Inc.

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