GM, Ford miss out on tax benefit Trump hands to foreign foes

Chelsea West
February 9, 2018

Atria Invs Ltd Liability Com reported 0.21% in Ford Motor Company (NYSE:F). The institutional investor purchased 88,410 shares of the auto manufacturer's stock, valued at approximately $3,624,000. "Then you'll reduce other parts of the toolbox". Inc. acquired a new position in General Motors in the 4th quarter valued at about $241,000. Raymond James downgraded the shares of WFC in report on Tuesday, October 4 to "Underperform" rating.

International Paper Company (NYSE:IP) has a market cap of $24.35 billion and over the last 12 months, IP has risen by 12.13%. Public Employees Retirement Association Of Colorado reported 0.33% in Wells Fargo & Company (NYSE:WFC). Fayez Sarofim & Co. bought a new stake in General Motors in the 3rd quarter valued at $202,000. Cadence Bank NA now owns 50,274 shares of the auto manufacturer's stock valued at $2,061,000 after purchasing an additional 2,295 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Ford Motor by 1.0% in the 3rd quarter. Fernwood Inv Lc holds 229,577 shares or 7.77% of its portfolio.

Several research analysts recently weighed in on GM shares. Citigroup upped their price objective on Ford Motor from $12.00 to $13.00 and gave the company a "neutral" rating in a report on Monday, October 30th. Pettyjohn Wood And White reported 10,919 shares.

When looking at the investment recommendation on say a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell), F is given a 3.00 while 1.70 placed for TELL.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. Chicago Equity Prns Llc stated it has 28,400 shares.

In other news, insider Hau N. Thai-Tang sold 18,000 shares of the company's stock in a transaction that occurred on Thursday, January 4th. This figure is found by taking the stock price and multiplying it by the total number of shares outstanding. Market cap is just a fancy name for a straightforward concept: it is the market value of a company's outstanding shares. The stock increased 4.02% or $1.86 during the last trading session, reaching $48.15. Company insiders own 0.04% of the company's stock.

GM shares rose 2.4 per cent to US$40.50 after the results were announced.

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For investors, Forward P/E ratio allows a quick snapshot of the company's finances without getting bogged down in the details of an accounting report. Its 52-week high and low range is between $46.76 and $31.92. A lower P/B ratio could mean that the stock is undervalued. Ford Motor Company (NYSE:F) has declined 16.63% since February 7, 2017 and is downtrending. General Motors had a return on equity of 20.95% and a net margin of 2.00%.

Revenues in the final quarter fell to US$37.7 billion, down 5.5 per cent from the same period a year earlier. During the same period in the prior year, the firm earned $1.28 earnings per share.

The company reported a net loss for the year of $3.9 billion because of a number of special charges, including $7.3 billion related to tax reform and a $6.2 billion charge related to the Opel sale.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. United Fire Group Inc Inc Inc holds 0.02% or 1,646 shares. The ex-dividend date of this dividend is Monday, January 29th. General Motors's dividend payout ratio (DPR) is presently -5,066.67%. YorkBridge Wealth Partners LLC increased its holdings in General Motors by 43.5% in the 2nd quarter. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark law.

COPYRIGHT VIOLATION WARNING: This news story was first published by Week Herald and is the property of of Week Herald. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. 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.

Our Bret Kenwell wrote last month that GM would be a good investment on a pullback, and the stock is down 10% since then, meaning it should be in buy territory.

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