Tradewinds LLC. Buys Shares of 2,407 General Motors (NYSE:GM)

(SEC). Tradewinds LLC. increased its stake in General Motors by buying more shares during the 4th quarter.

Tradewinds LLC. According to the most recent disclosure made by the Securities and Exchange Commission, (SEC), the fund purchased 2,407 shares of the auto manufacturer's stock valued at approximately $202,000. The fund purchased 2,407 shares worth approximately $202,000 of the stock of the automaker.

Other hedge funds have also made recent changes to their holdings in the company. Penserra Capital Management LLC increased its holdings of General Motors shares by 85.8% in the first quarter. Penserra Capital Management LLC owns 613 of the automaker's shares valued at $26,000, after purchasing an additional 283 in the last quarter. Clear Investment Research LLC purchased a new stake of approximately $31,000 in General Motors shares during the third quarter. Affiance Financial LLC acquired a new stake in General Motors during the fourth quarter, valued at $36,000. Rock Creek Group LP increased its holdings of General Motors shares by 108.1% during the third quarter. Rock Creek Group LP owns now 1,384 shares valued at $44,000, after buying an additional 719 in the third quarter. Guardian Wealth Advisors LLC also purchased a position in General Motors worth $46,000 during the third quarter. GM was the subject of a few research analyst reports. Mizuho lowered their price target for General Motors on Wednesday, April 26, from $39.00 down to $37.00. Berenberg Bank reduced General Motors's rating from a "buy" to a "hold", and reduced its price target from $45.00 down to $41.00, in a report published on Monday 30th January. Royal Bank of Canada increased their target price for General Motors in a report published on Wednesday, April 26, from $46.00 up to $48.00. Citigroup reduced their target price for General Motors in a Monday, March 27th research note from $82.00 down to $76.00. They also set a "buy" rating on the stock. In a report published on February 21st, Tigress Financial reiterated its'strong-buy rating' and set an $86.00 price target on General Motors shares. One analyst gave the stock a sell recommendation, six have assigned a hold recommendation, ten have assigned a buy recommendation, and one has given the stock a strong-buy rating. According to MarketBeat data, General Motors has a current consensus rating of "Moderate Buy" and an average target price of $49.06.

Insider Dealings at General Motors

On Thursday, 9th February, General Motors sold 15,743 stock shares. The stock was bought at an average of $42.65 for a transaction totaling $671,438.95. The executive vice president owns now 71,209 company shares, worth $3,037.063.85. Insiders of companies own 0.10% stock.

General Motors Price Performance

The stock rose $1.57 to $33.26 on Friday. The stock exchanged hands 17,191,054 times, as compared to the average trading volume of 14,408,562. The company's 50-day simple moving is $35.30, and its 200-day simple moving is $37.13. The company's quick ratio is 0.90, its current ratio is 1.10, and its debt-to equity ratio is 1.05. The company's market cap is $46.24 billion. It has a P/E/G of 0.49, a P/E/G of 5.14 and a beta value of 1.34. General Motors's 12-month low is $30.33, and its 12-month high is $43.63.

The last time the TSE:GMM.U released its quarterly results was on Tuesday, 25th April. The automaker reported $2.21 in earnings per share for the quarter. This beat analysts' estimates of $1.53, by $0.68. Revenue for the quarter was $39.99 billion, which is higher than analyst expectations of $39.38. General Motors' return on equity was 15.74 % and its net margin was 5.84%. The company's revenue for the quarter was up 11.1% compared to last year. In the same quarter last year, General Motors posted $2.09 in earnings per share. Research analysts expect General Motors to post 6.63 EPS in the current fiscal.

General Motors Announces Dividend

Recently, the business announced a quarterly distribution that will be paid out on Thursday, 15th June. Dividends will be paid to shareholders who were in the record on Friday June 2nd. This is a $0.36 dividend annualized and a yield of 1.08 percent. This dividend will be paid on Thursday, 1st June. General Motors has a dividend payout ratio of 5.56%.

General Motors Profile

Get Rating

General Motors Co is engaged in designing, manufacturing and selling trucks, crossovers and cars as well as software-enabled subscriptions and services. It is divided into four segments: GMNA (General Motors North America), GMI (General Motors International), Cruise, and GM Financial. William C. offers a FREE daily email newsletter