(NYSE:F) by 3.3% during the first quarter, according to its most recent disclosure with the SEC. Baker Ellis Asset Management LLC boosted its position in General Motors by 4.4% in the first quarter.
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Other institutional investors have also recently made changes to their positions in the company. Mariner Wealth Advisors LLC boosted its position in General Motors by 0.3% in the first quarter. Finally, Marietta Investment Partners LLC bought a new position in General Motors during the first quarter worth $330,000. They now own 2.16 billion shares or 3.18% less from 2.24 billion shares in 2015Q4.
The institutional sentiment increased to 1.25 in Q1 2016. Rehmann Capital Advisory Group now owns 9,049 shares of the auto manufacturer’s stock worth $284,000 after buying an additional 984 shares during the last quarter. Friess Associates LLC increased its position in shares of Ford Motor by 17.2% in the first quarter. 1 Month Ago, the stock has been rated as “Buy” from 8 Analysts. Dixon Hubard Feinour & Brown Inc. Peapack Gladstone Financial Corp now owns 6,402 shares of the auto manufacturer’s stock worth $201,000 after buying an additional 225 shares during the last quarter. Ford Motor Company (NYSE:F) is -12.75% away from its 52 week high. 8,199,176 shares of the company traded hands.
The stock went public on 11/18/2010 and has an average volume of 12267.14. A year ago the company’s sales were 29.32 Billion.
Ford Motor (NYSE:F) last released its quarterly earnings results on Thursday, April 28th. As such, for the current quarter, the company’s EPS is expected to reach $2.08. During the same quarter previous year, the firm posted $0.23 earnings per share. The business earned $35.26 billion during the quarter, compared to analyst estimates of $35.69 billion.
A number of equities analysts have commented on the stock. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $37.67 and the possibility the share price can swing is $6.21.
Analysts have consensus one year price target of $36.32. General Electric Company (NYSE:GE) highest price target was set at $38.00 and lowest target was at $28.00.
The stock now has an average brokerage recommendation of 2.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Joseph R. Hinrichs sold 60,000 shares of the business’s stock in a transaction dated Wednesday, May 4th.
The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($115.11 million) and the uptick to downtick ratio was 0.57. Following the sale, the executive vice president now owns 511,661 shares in the company, valued at approximately $6,815,324.52.
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05/06/2016 – General Motors Company was upgraded to “equal-weight” by analysts at Morgan Stanley. Demand for Ford and Lincoln sport utility vehicles (SUVs) continues to be high in the first half of 2016, with combined sales of the Ford EcoSport, Kuga, Edge, Everest and Explorer and Lincoln MKC, MKX and Navigator surpassing 150,000 vehicles, a 27 percent raise over 2015. The Company provides automotive financing services through General Motors Financial Company, Inc.
