GM’s operating profit sinks 27% on lower pickup production; net falls 60%

With 49.43 million shares average volume, it will take short sellers 3 days to cover their F’s short positions. Zeke Capital Advsr Ltd Liability Company invested in 129,077 shares or 0.17% of the stock.

GM trades at a forward P/E of 6.00, a P/B of 1.54, and a P/S of 0.38, compared to a forward P/E of 9.39, a P/B of 0.77, and a P/S of 1.01 for AIG. About 49,426 shares traded. It has underperformed by 34.15% the S&P500.

GM is shutting the Gunsan Korea plant by the end of May 2018 “to continue to strengthen core business performance and address underperforming markets”, the company said. The funds in our partner’s database now possess: 1.96 billion shares, down from 2.07 billion shares in 2017Q3.

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide.The company has $53.36 billion market cap. The shares were purchased at an average cost of $12.26 per share, with a total value of $61,300.00. On Thursday, April 26 JP Morgan maintained Ford Motor Company (NYSE:F) rating. F underperformed by 15.98% the S&P500.

NYSE:F – Ford Motor (NYSE:F) pays an annual dividend of $0.60 with a yield of 5.40% and an average dividend growth of 6.30% based on a 3 Year Average. Its down 0.58, from 2.33 in 2017Q3. It increased, as 64 investors sold GM shares while 322 reduced holdings. 58 funds opened positions while 130 raised stakes. Ionic Capital Management Ltd Liability reported 75,000 shares stake. Kistler has invested 0.01% in General Motors Company (NYSE:GM).

General Motors Company shares were trading at $37.38 per share on Thursday morning, down $0.73 (-1.92%). Andra Ap invested 0.07% of its portfolio in General Motors Company (NYSE:GM). Bb&T Secs Lc reported 501,487 shares.

Ratings analysis reveals 30% of Ford Motor’s analysts are positive. Amundi Pioneer Asset Management reported 15.26M shs. Citigroup upgraded General Motors Company (NYSE:GM) rating on Wednesday, October 25. Oldfield Partners Llp owns 3.40 million shares or 10.55% of their United States portfolio.

Relative strength index (RSI-14) for General Motors Company (GM) is at 45.44. And Wilsey Asset Management Inc has 7.75% reported of its portfolio in General Motors Company. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. Shares are trading price at $37.69 with move of 0.21%. Art Advisors holds 69,300 shares or 0.13% of its portfolio. Therefore 69% are positive.

Analysts had expected the company to earn $1.28 per share, according to figures compiled by Thomson Reuters. On Friday, January 19 the rating was maintained by RBC Capital Markets with “Hold”. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, February 21 report. RBC Capital Markets has “Hold” rating and $51.0 target. The company was maintained on Tuesday, December 19 by RBC Capital Markets. In Monday, October 30 report Jefferies maintained it with “Hold” rating and $13 target. The average target $12.29 is 11.78% above the last ($10.995) price.

General Motors Company (NYSE:GM) China’s first-quarter sales reached an all-time high, delivering a record 986,052 units.

The stock increased 0.09% or $0.01 during the last trading session, reaching $10.97.

GM’s results follow Ford’s announcement Wednesday that it made a first-quarter profit of 1.7 billion dollars.

For the quarter, GM reported sales of $36.1 billion and adjusted EPS of $1.43.

Brandywine Global Investment Management Llc, which manages about $52.46B and $16.74 billion US Long portfolio, upped its stake in Eaton Corp Plc (NYSE:ETN) by 98,006 shares to 981,862 shares, valued at $77.58 million in 2017Q4, according to the filing. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt Corporation holds 42,900 shares.

Analysts await Spectra Energy Partners, LP (NYSE:SEP) to report earnings on May, 9.

Analysts expect TSO3 Inc.

GM’s debt-to-equity ratio is 2.69 versus a D/E of 0.49 for AIG. The auto manufacturer reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.02.

Greenlight Capital Inc owns 25.86 million shares in General Motors Co as of 2017 Q4. 43 funds opened positions while 52 raised stakes. Howe And Rusling stated it has 1,199 shares. Next Fincl Inc has invested 0.56% in Dominion Energy, Inc. Sawgrass Asset Mgmt Ltd Company holds 23,080 shares or 0.04% of its portfolio. Washington National Bank & Trust invested 0.02% in Spectra Energy Partners, LP (NYSE:SEP). (NASDAQ:AEY). Two Sigma Limited Liability owns 0% invested in ADDvantage Technologies Group, Inc. Gam Holding Ag has 10,931 shares.