Traders Buy Shares of General Motors (GM) on Weakness

Darnell Taylor
February 24, 2018

ILLEGAL ACTIVITY WARNING: "Traders Buy Shares of General Motors (GM) on Weakness" was first posted by Enterprise Leader and is the property of of Enterprise Leader.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, January 24th. It has underperformed by 8.78% the S&P500.

South State Corp increased its stake in South State Corporation (SSB) by 7.34% based on its latest 2017Q3 regulatory filing with the SEC. Insiders sold 47,752 shares of company stock worth $603,965 over the last ninety days. Third Security Llc who had been investing in Intrexon Corp for a number of months, seems to be less bullish one the $1.69 billion market cap company. The stock decreased 0.35% or $0.1 during the last trading session, reaching $28.55. Another trade for 25,000 shares valued at $287,500 was made by Thai-Tang Hau N on Wednesday, September 6. Intrexon Corporation (NYSE:XON) has declined 10.60% since February 20, 2017 and is downtrending.

Among 14 analysts covering Brown & Brown (NYSE:BRO), 2 have Buy rating, 3 Sell and 9 Hold. Therefore 75% are positive. Intrexon had 17 analyst reports since July 27, 2015 according to SRatingsIntel. 38,361 shares were sold by Ruelle John, worth $335,659. Zacks Investment Research lowered General Motors from a "hold" rating to a "sell" rating in a research note on Tuesday, January 2nd. Keefe Bruyette & Woods maintained Brown & Brown, Inc. The stock has "Neutral" rating by Macquarie Research on Thursday, December 1. The company was upgraded on Tuesday, December 19 by RBC Capital Markets. The stock of Apple Inc. The company was maintained on Tuesday, September 5 by Robert W. Baird.

On 16 February 2018, DelMar Pharmaceuticals, Inc. The firm earned "Neutral" rating on Wednesday, October 14 by Bank of America.

Alyeska Investment Group Lp decreased Manchester Utd Plc New (NYSE:MANU) stake by 36,365 shares to 82,024 valued at $1.48M in 2017Q3. It also reduced its holding in Pinnacle Foods Inc Del (NYSE:PF) by 129,297 shares in the quarter, leaving it with 21,303 shares, and cut its stake in Powershs Db Multi Sect Comm (DBA).

Comprehensive Stock Analysis Of Nabors Industries Ltd. (NBR)
Edward Goodnow decreased its stake in Wayfair Inc (W) by 3.51% based on its latest 2017Q3 regulatory filing with the SEC. Moreover, Messner Smith Theme Value Investment Management Ca has 2.26% invested in Nabors Industries Ltd. (NYSE:NBR).

Investors sentiment decreased to 0.53 in Q3 2017. The company has a current ratio of 0.89, a quick ratio of 0.76 and a debt-to-equity ratio of 1.86. 116 funds opened positions while 640 raised stakes. Following the sale, the insider now directly owns 57,091 shares in the company, valued at approximately $2,459,480.28. Tcw Incorporated stated it has 20,567 shares. 410 were accumulated by Orrstown Service Inc. 878.69 million shares or 1.02% less from 887.72 million shares in 2017Q2 were reported. Guggenheim Ltd reported 217,502 shares. Advisors Limited Liability accumulated 0% or 7 shares. 234,677 are held by Pub Employees Retirement Association Of Colorado. Allsquare Wealth Mgmt Ltd Com holds 0.18% in General Motors Company (NYSE:GM) or 5,500 shares. Global Endowment Management Lp, a North Carolina-based fund reported 706,750 shares. Parametric Assocs Ltd Liability Company has invested 0.01% of its portfolio in Brown & Brown, Inc. (NASDAQ:DMPI) to report -0.69 EPS and has got OUTPERFORM rating from 2 of Thomson Reuters analysts and 0 analyst (s) given UNDERPERFORM rating.

General American Investors Company Inc decreased its stake in Apple Inc.

Ford Motor Co. (NYSE:F) gross margin percentage stands at 10.4% while its operating margin for the past trailing twelve month is 3.1 percent and its overall profit margin (ttm) is 4.8 Percent.

Analysts await eBay Inc. (NASDAQ:AAPL) to report earnings on May, 1. The auto manufacturer reported $1.65 EPS for the quarter, topping analysts' consensus estimates of $1.34 by $0.31. After $0.47 actual earnings per share reported by Brown & Brown, Inc. for the previous quarter, Wall Street now forecasts 21.28% EPS growth. The Estabrook Capital Management holds 590,898 shares with $7.07B value, down from 684,187 last quarter. Investors of record on Friday, March 9th will be given a $0.38 dividend. Its down 0.15, from 1.02 in 2017Q2. It fall, as 69 investors sold General Motors Company shares while 323 reduced holdings. 96 funds opened positions while 242 raised stakes. Following the completion of the transaction, the executive vice president now owns 369,878 shares of the company's stock, valued at $15,479,394.30. Carnegie Capital Asset Limited Liability Company holds 44,191 shares or 0.06% of its portfolio. Citigroup upgraded General Motors Company (NYSE:GM) on Wednesday, October 25 to "Buy" rating. Raymond James Fin Svcs invested in 1.63 million shares or 0.12% of the stock. Mitsubishi Ufj Trust Bk reported 0.23% of its portfolio in General Motors Company (NYSE:GM). Blue Chip Prtnrs, Michigan-based fund reported 77,327 shares. Moreover, United Bankshares has 0.45% invested in Ford Motor Company (NYSE:F) for 93,783 shares. 90,121 were reported by Connor Clark & Lunn Mgmt Ltd. Susquehanna Gp Llp reported 116,676 shares. West Family Invests holds 0.39% or 79,149 shares in its portfolio. Amer Assets Invest Mngmt Limited Liability Com has 153,300 shares for 1.24% of their portfolio. APG Asset Management N.V. now owns 2,597,441 shares of the auto manufacturer's stock valued at $88,665,000 after buying an additional 2,311,204 shares during the period. It has underperformed by 16.70% the S&P500. Therefore 55% are positive. Morgan Stanley's target price would indicate a potential upside of 7.92% from the stock's previous close. The firm has "Buy" rating given on Tuesday, January 16 by CFRA. 1 analysts gave its stock an Outperform rating. The company was initiated on Tuesday, September 20 by Nomura. Berenberg Bank set a $34.00 price target on General Motors and gave the company a "sell" rating in a research note on Wednesday, February 7th. The stock of General Motors Company (NYSE:GM) earned "Overweight" rating by Barclays Capital on Friday, October 13. The company has an average rating of "Hold" and a consensus price target of $44.44.

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