State Of Tennessee Treasury Department has 0.11% invested in Ford Motor Company (NYSE:F) for 2.05 million shares. The Kingstown Capital Management Lp holds 2.00M shares with $69.86M value, down from 2.10 million last quarter. The fund owned 79,154 shares of the auto manufacturer's stock after purchasing an additional 32,741 shares during the quarter. Following the completion of the transaction, the executive vice president now directly owns 214,171 shares of the company's stock, valued at approximately $8,918,080.44. Douglas Lane & Associates LLC owned about 0.16% of General Motors worth $95,138,000 at the end of the most recent quarter. Eagle Management Ltd Limited Liability Company has invested 2.43% of its portfolio in General Motors Company (NYSE:GM). General Motors Company (NYSE:GM) has risen 7.92% since October 24, 2016 and is uptrending. The company has a market capitalization of $67.34 billion, a PE ratio of 8.03 and a beta of 1.44. The stock has a 50-day moving average price of $41.53 and a 200 day moving average price of $36.38. The stock of Ford Motor Company (NYSE:F) earned "Buy" rating by UBS on Wednesday, October 28.
The company's third-quarter net loss was $3 billion, compared with earnings of $2.8 billion a year earlier. Moreover, Prentiss Smith & has 0.04% invested in General Motors Company (NYSE:GM). The higher-than-expected revenue figure helped propel all of GM's operating regions to a positive net income for the first time since the fourth quarter of 2014. This is down from its revenue of $38.89 billion reported in the same period of the year prior. This represents a 74,181 drop in vehicle sales when compared to the same time past year. Excluding one-time charges, the company earned $1.32 a share, above analyst expectations of $1.14. Shareholders must be on record as of December 8, 2017 to receive the dividend. This represents a $0.60 annualized dividend and a yield of 4.98%. Ford Motor's payout ratio is 63.16%.
GM announced the Opel/Vauxhall sale just before the opening of the 2017 Geneva Motor Show. Over the last quarter, insiders sold 217,700 shares of company stock worth $2,486,044. The stock has a consensus rating of "Buy" and a consensus target price of $42.50. Royal Bank Of Canada reiterated a "hold" rating and issued a $37.00 price target on shares of General Motors in a research note on Friday, July 14th. They set an "overweight" rating and a $40.00 price target for the company.
These are 2 Sell Ratings, 10 Hold Ratings, 10 Buy Ratings, 1 Strong Buy Rating. Piper Jaffray initiated Ford Motor Company (NYSE:F) rating on Friday, June 10. Sterneck Capital Management Llc acquired 39,113 shares as General Mtrs Co (GM)'s stock declined 12.09%. Discounts as a percentage of the average transaction price totaled 13.7 percent, slightly above the industry average, according to Reuters. The institutional investor held 12,670 shares of the prepackaged software company at the end of 2017Q2, valued at $437,000, down from 23,542 at the end of the previous reported quarter. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Now insiders hold 2,492,271 shares in the business which makes up 0.17% of shares.
Finally, Instinet downgraded shares of Ford Motor from a "buy" rating to a "neutral" rating and cut their price target for the company from $14.80 to $11.60 in a research report on Wednesday, August 9th. The Company's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and GM Financial. It worsened, as 75 investors sold GM shares while 286 reduced holdings.