General Motors Co (NYSE:GM) Big Money Sentiment Increased in 2018 Q1 to 1.01

June 27, 2018 - By Mark Williams

General Motors Company (NYSE:GM) Corporate Logo

General Motors Co’s Sentiment

In 2018 Q1 General Motors Co (NYSE:GM) big money sentiment increased to 1.01, according to SEC filings. So its up 0.10, from 2017Q4’s 0.91. 374 hedge funds started new and increased equity positions, while 369 sold and reduced stock positions in General Motors Co so the sentiment has improved. Funds own 995.41 million shares, down from 999.45 million shares in 2017Q4. Funds holding General Motors Co in top 10 decreased from 33 to 30 for a decrease of 3. In total 77 funds closed positions, 292 reduced and 284 increased. Also 90 funds bought new General Motors Co stakes.

Significant General Motors Co Shareholders

Greenlight Capital Inc owns 22.61 million shares in General Motors Co as of 2018 Q1. General Motors Co’s shareholder Oldfield Partners Llp owns 3.08 million shares as of 2018 Q1. Kingstown Capital Management L.P. reported 1.50 million shares. Kazazian Asset Management Llc revealed 167,977 shares position in General Motors Co. The New York-based fund P.R. Herzig & Co. Inc. holds 80,600 shares or 5.89% of their fund’s portfolio.

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide.The firm is valued at $57.70 billion. The firm operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial divisions.Last it reported negative earnings. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Opel, Vauxhall, Baojun, Jiefang, and Wuling brand names.

The stock decreased 0.17% or $0.07 during the last trading session, reaching $40.94.General Motors Company has volume of 258,860 shares. Since June 27, 2017 GM has risen 17.48% and is uptrending. GM outperformed by 4.91% the S&P500.

Investors expect General Motors Company (NYSE:GM)’s quarterly earnings on July, 24., as reported by Faxor. Analysts predict $1.87 EPS. That’s $0.02 down or 1.06 % from 2017’s earnings of $1.89. If reported the P/E will be 5.47 with $2.64B profit. 30.77 % EPS growth is what Wall Street’s sees after $1.43 reported EPS previous quarter.

Moreover, Midas Corporation has 0.78% invested in General Motors Company (NYSE:GM) for 45,750 shs. Rothschild Invest Il holds 0.22% of its capital in General Motors Company (NYSE:GM) for 47,556 shs. Fayez Sarofim And holds 6,284 shs. Massachusetts-based Boston Private Wealth Limited Liability Co has invested 0.14% in General Motors Company (NYSE:GM). Duff And Phelps Investment reported 13,990 shs or 0.01% of all its holdings. First Dallas owns 45,125 shs. Cordasco Fin Network reported 4,514 shs or 0.18% of all its holdings. Invest Advsr Ltd Liability Corp has 0.04% invested in General Motors Company (NYSE:GM). Mutual Of Omaha National Bank & Trust Wealth Management has invested 0.22% in General Motors Company (NYSE:GM). Senator Investment L P owns 1.50 million shs. 100 are owned by Howe Rusling. Supplemental Annuity Collective Trust Of Nj owns 20,000 shs for 0.32% of their capital. Burt Wealth Advsr holds 906 shs. Tci Wealth Advsr holds 0% or 77 shs in its capital. Mrj Cap holds 1.99% in General Motors Company (NYSE:GM) or 99,600 shs.

General Motors Company (NYSE:GM) Ratings Coverage

Total analysts of 12 have positions in General Motors (NYSE:GM) as follows: 10 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 83%. The firm has $70.0 highest while $42.0 is the lowest target price. The average target $53.50 is 30.68% above the last ($40.94) price. Since January 16, 2018 according to StockzIntelligence Inc General Motors has 18 analyst reports. On Sunday, March 4 BMO Capital Markets maintained General Motors Company (NYSE:GM) rating. BMO Capital Markets has “Hold” rating and $42.0 target. On Thursday, April 19 the firm has “Buy” rating given by Guggenheim. On Thursday, February 8 Nomura maintained General Motors Company (NYSE:GM) with “Neutral” rating. On Thursday, May 31 Evercore upgraded General Motors Company (NYSE:GM) to “Outperform” rating. On Monday, February 12 the stock has “Buy” rating by Citigroup. On Monday, April 9 the stock of General Motors Company (NYSE:GM) has “Overweight” rating given by Morgan Stanley. On Wednesday, February 7 the firm has “Buy” rating by Guggenheim given. The company rating was maintained by JP Morgan on Tuesday, March 13. On Tuesday, February 6 the stock of General Motors Company (NYSE:GM) earned “Buy” rating by Piper Jaffray. On Thursday, May 31 the firm earned “Buy” rating by CFRA.

For more General Motors Company (NYSE:GM) news published briefly go to: Twst.com, Seekingalpha.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “GM – General Motors Company: GM Announces 2018 Q2 Earnings Conference Call Details” published on June 26, 2018, “GM to build Chevy Blazer in Mexico” on June 17, 2018, “Is General Motors Planning to Spin Off Its Self-Driving Unit?” with a publish date: June 21, 2018, “US tariff plan threatens GM Korea” and the last “GM’s master plan with Cruise” with publication date: June 15, 2018.

General Motors Company (NYSE:GM) Institutional Investors Chart

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.