Analyst's mean target cost for the company is 47.83 while analysts mean suggestion is 2.5.
A number of brokerages recently issued reports on GM.
Shares of General Motors stock traded up $0.44 on Wednesday, reaching $39.17. The price target is the price an analyst believes the stock will achieve during their investment time horizon, which for most firms is 12 months. Below is a list of General Motors Company (NYSE:GM) latest ratings and price target changes. The stock was sold at an average price of $42.06, for a total value of $355,869.66. Zacks Investment Research lowered General Motors from a hold rating to a sell rating in a report on Tuesday, January 2nd. In a bull trend, buy when prices retrace to the 20-period moving average. General Motors Company's EPS for the trailing 12 months is 5.15. The company exchanged hands with 6117014 shares contrast to its average daily volume of 13.77M shares while its relative volume stands at 0.44. After the giving short look at one day return of General Motors Company it is observed that GM reported negative return of -0.26% in last trading session. Stocks that are volatile and move more than the overall market have a beta greater than 1 while stocks with price swings less than the market have a beta less than 1.0. Investors holded 1.01 billion in 2017Q3 but now own 999.45 million shares or 1.00% less. Pinebridge Invs LP reported 0% in General Motors Company (NYSE:GM). Earnings per share (EPS) serve as an indicator of a company's profitability. The firm had revenue of $34.48 billion for the quarter, compared to analysts' expectations of $34.28 billion. On Wednesday, November 1 Nomura downgraded General Motors Company (NYSE:GM) rating.
As for a performance, the company's showed return of -5.51% since start of the year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 24th. Shareholders of record on Friday, March 9th were given a $0.38 dividend. The ex-dividend date was Thursday, March 8th. This represents a $1.52 annualized dividend and a dividend yield of 3.88%. General Motors's dividend payout ratio is presently 22.96%. Following the completion of the transaction, the insider now owns 57,091 shares of the company's stock, valued at $2,569,095. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for.
In other news, insider Barry L. Engle II sold 50,443 shares of the stock in a transaction on Tuesday, January 16th. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
If the answer is less than 1, it indicates that price of the stock is in losing momentum. The disclosure for this sale can be found here. Highline Capital Management Llc sold 145,100 shares as the company's stock declined 7.44% with the market. It improved, as 64 investors sold GM shares while 322 reduced holdings. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in shares of General Motors by 11.2% in the fourth quarter. Xact Kapitalforvaltning AB grew its stake in shares of General Motors by 4.5% in the fourth quarter. Moreover, Hancock has 0.06% invested in General Motors Company (NYSE:GM). Neuberger Berman Group LLC now owns 759,943 shares of the auto manufacturer's stock worth $30,686,000 after purchasing an additional 203,755 shares during the period. Finally, Itau Unibanco Holding S.A. bought a new stake in General Motors Company during the third quarter valued at approximately $135,000. Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.
General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide.
According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.5 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell. The Company provides automotive financing services through General Motors Financial Company, Inc The Company develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC.
(AKS) Receives Average Rating of "Hold" from Analysts
A performance measure used to estimate the efficiency of an investment or to compare the ability of some different investments. Financial specialists have a propensity for following stock value levels in connection to their 52-week high and low levels.
Technical Data that You Never Thought about Morgan Stanley (MS)
Wharton Business Grp Limited Company has 6,409 shares for 0.03% of their portfolio. 40,139 are owned by Natixis Asset Management. Captivating a peek at sell-side analyst insights, we can understand that the recent mean target price for the company is $61.17.
The radical fresh push to decriminalise cannabis
Prior to tonight, the Greens supported increased access to medical marijuana, but stopped short of endorsing recreational use. Support runs as high as 55% when people are asked if cannabis should be taxed and regulated like alcohol or tobacco.