GM, Ford, Toyota September Auto Sales Up

Herbert Rhodes
October 4, 2017

General Motors Company (GM) increased 2.9% or $1.22 to $43.37 after the automaker reported total sales in September soared 12% to 279,397 vehicles and retail sales in the month jumped 8.1% to 221,075 vehicles. Lastly, Buckingham analysis reiterated a "neutral" recommendation and given a $33.00 target price on stock of General Motors in a study note published on Fri, Sep 8th.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. GM's shares were trading 3.59% below from the 52-week high price mark of $42.48 and 39.52% above from the 52-week price bottom of $30.21.

TRADEMARK VIOLATION WARNING: "General Motors Company (NYSE:GM) Holdings Trimmed by Systematic Financial Management LP" was originally posted by Equities Focus and is owned by of Equities Focus. Standpoint Research cut shares of General Motors from a buy rating to a hold rating in a report on Thursday, September 14th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nine have issued a buy rating and three have given a strong buy rating to the stock. Hudock Capital Group Inc Ltd Liability has 0.04% invested in Citigroup Inc (NYSE:C) for 1,039 shares. The company now has an average rating of Buy and a consensus price target of $40.50. Tradewinds Capital Mngmt has invested 0% of its portfolio in General Motors Company (NYSE:GM). Stocks with beta's lower than 1 are considered to be less risky and those with a higher beta may be more risky than the market. The firm has a 50 day moving average price of $34.78 and a 200-day moving average price of $35.05. General Motors Company also was the target of unusually large options trading activity on Friday. For the last quarter, the stock has performed 18.50%. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.43 by $0.13. General Motors Company had a net margin of 5.69% and a return on equity of 22.14%. The ROIC 5 year average of Ford Motor Company (NYSE:F) is 0.057811. MDT has lost -2.62% in the 1-month period. The forecast of 7 surveyed investment analysts covering the stock advises investors to Buy stake in the company. General Motors Company (NYSE:GM) has risen 7.92% since October 3, 2016 and is uptrending. If you are accessing this report on another website, it was stolen and reposted in violation of USA and worldwide trademark & copyright legislation. Also, insider Hau N. Thai-Tang sold 25,000 shares of the company's stock in a transaction that occurred on Wednesday, September 6th.

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The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Friday, September 8th were issued a $0.38 dividend. The ex-dividend date was Thursday, September 7th. The stock's Dividend Yield stands at 3.61%. General Motors's payout ratio is presently 26.48%. Country Club Trust Company acquired 53,157 shares as Royal Bk Cda Montreal Que (RY)'s stock declined 9.02%. "Despite pullbacks in vehicle production this year, incentives are still rising and averaging almost 11% of transaction prices". The F-Score may help discover companies with strengthening balance sheets. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. The disclosure for this sale can be found here.

The company now has a P/E ratio of 12.99 and market cap is 49.01B. It is negative, as 90 investors sold F shares while 355 reduced holdings. Finally, Skandinaviska Enskilda Banken AB publ raised its stake in General Motors Company by 697.2% in the third quarter. State Street Corp lifted its stake in General Motors by 3.9% in the 1st quarter. State of Alaska Department of Revenue raised its stake in stocks of General Motors by 10.5% through out the Fiscal Q2. The Planning Alternatives Ltd holds 60,000 shares with $671,000 value, down from 89,724 last quarter. Cleararc Inc invested in 0.17% or 95,921 shares.

The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.

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