General Motors Company (GM) Upgraded at BMO Capital Markets

Ford Motor Company ( F ) announced its Q3 2017 results on October 26 and the company beat analyst expectations for both revenue and EPS (earnings per share). Of all stocks tracked, General Motors had the 0th highest net out-flow for the day.

F has been the topic of a number of recent research reports. The brokerage now has a hold rating on the auto manufacturer's stock. Deutsche Bank AG reiterated a hold rating and issued a $14.00 target price on shares of Ford Motor in a research report on Wednesday, August 17th. General Motors's quarterly revenue was down 16.6% compared to the same quarter past year. JPMorgan Chase & Co. reiterated an overweight rating on shares of Ford Motor in a research report on Monday, September 12th. TheStreet upgraded Ford Motor from a c+ rating to a b- rating in a research report on Thursday, October 5th. The stock has an average rating of Buy and an average target price of $43.70. The stock's 50-day moving average price is $11.95 and its 200-day moving average price is $11.35. The company has a market cap of $47.90 billion, a PE ratio of 12.69 and a beta of 1.12.

Several institutional investors have recently bought and sold shares of F. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Ford Motor by 1.8% during the first quarter. The shares were sold at an average price of $36.00, for a total transaction of $1,440,000.00. The hedge fund run by Peter S. Park held 120,600 shares of the commercial banks company at the end of 2017Q2, valued at $9.79M, up from 20,600 at the end of the previous reported quarter. The company's revenue was down 6.9% on a year-over-year basis.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Friday, December 8th will be paid a $0.38 dividend. The ex-dividend date is Tuesday, October 25th. This represents a $1.52 annualized dividend and a yield of 3.41%. Ford Motor's dividend payout ratio is 54.55%. Also, insider Steven R. Armstrong sold 22,076 shares of the company's stock in a transaction on Wednesday, October 4th. Following the transaction, the insider now owns 51,358 shares of the company's stock, valued at $616,296. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Nysschen Carel J. De sold 123,645 shares of the stock in a transaction that occurred on Friday, October 27th. The Raymond James Financial Services Advisors Inc holds 1.63 million shares with $19.51M value, up from 23,000 last quarter. The stock rose 0.71% or $0.09 reaching $12.12 per share. The disclosure for this purchase can be found here.

Daiwa Capital Markets upgraded shares of Ford Motor Co.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in General Motors by 4.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 7,900 shares of the auto manufacturer's stock worth $100,000 after buying an additional 1,400 shares in the last quarter.

Ironwood Investment Management Llc holds 1.83% of its portfolio in Koppers Holdings Inc. for 70,121 shares. BlackRock Inc. now owns 78,753,259 shares of the auto manufacturer's stock worth $2,750,849,000 after buying an additional 850,211 shares during the period. Hudock Capital Group LLC now owns 9,250 shares of the auto manufacturer's stock worth $116,000 after buying an additional 1,200 shares in the last quarter. Berkshire Hathaway Inc. lifted its holdings in General Motors by 20.0% in the 2nd quarter. YorkBridge Wealth Partners LLC increased its position in General Motors by 43.5% during the second quarter. Capital World Investors now owns 31,327,192 shares of the auto manufacturer's stock valued at $1,094,259,000 after acquiring an additional 1,500,500 shares during the period.

COPYRIGHT VIOLATION NOTICE: This article was reported by Week Herald and is owned by of Week Herald. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and global copyright and trademark law. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles, as well as Lincoln luxury vehicles. The company achieved a 2.3 points gain in operating margin in North America, which contributed towards improved profitability.

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