General Motors Company (GM) Market Value Declined While Janney Capital Management LLC Cut by $5.22 Million Its Holding

April 24, 2018 - By Adrian Mccoy

General Motors Company (NYSE:GM) LogoInvestors sentiment increased to 0.9 in Q4 2017. Its up 0.03, from 0.87 in 2017Q3. It improved, as 64 investors sold GM shares while 322 reduced holdings. 122 funds opened positions while 225 raised stakes. 999.45 million shares or 1.00% less from 1.01 billion shares in 2017Q3 were reported. Aviance Capital Llc accumulated 21,416 shares. Eos Mngmt Lp holds 0.22% in General Motors Company (NYSE:GM) or 15,750 shares. Fishman Jay A Ltd Mi reported 63,800 shares. Gam Ag invested in 0.09% or 72,708 shares. Auxier Asset holds 35,167 shares or 0.28% of its portfolio. Moreover, Citadel Advisors Limited Com has 0.13% invested in General Motors Company (NYSE:GM) for 5.06M shares. Cwm Ltd Llc holds 0% or 1,516 shares in its portfolio. Natl Asset Incorporated invested in 0.12% or 21,410 shares. Moreover, Bridgeway Mgmt has 0.65% invested in General Motors Company (NYSE:GM). Loews holds 0.06% or 229,283 shares. Amalgamated Bank & Trust reported 162,372 shares. Moreover, Nomura has 0.06% invested in General Motors Company (NYSE:GM). Clarivest Asset Mgmt Lc, a California-based fund reported 28,970 shares. Winfield Associates has 355 shares for 0.01% of their portfolio. Texas Permanent School Fund reported 348,982 shares.

Janney Capital Management Llc decreased its stake in General Motors Company (GM) by 22.48% based on its latest 2017Q4 regulatory filing with the SEC. Janney Capital Management Llc sold 130,429 shares as the company’s stock declined 17.02% with the market. The institutional investor held 449,744 shares of the auto manufacturing company at the end of 2017Q4, valued at $18.44 million, down from 580,173 at the end of the previous reported quarter. Janney Capital Management Llc who had been investing in General Motors Company for a number of months, seems to be less bullish one the $53.06B market cap company. The stock increased 0.52% or $0.195 during the last trading session, reaching $37.885. About 6.28 million shares traded. General Motors Company (NYSE:GM) has risen 0.46% since April 24, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

Janney Capital Management Llc, which manages about $3.30 billion and $2.34B US Long portfolio, upped its stake in Hsbc Hldgs Plc Spons Adr (NYSE:HSBC) by 74,943 shares to 412,571 shares, valued at $21.31 million in 2017Q4, according to the filing.

Analysts await General Motors Company (NYSE:GM) to report earnings on April, 26 before the open. They expect $1.26 EPS, down 25.88 % or $0.44 from last year’s $1.7 per share. GM’s profit will be $1.76B for 7.52 P/E if the $1.26 EPS becomes a reality. After $1.65 actual EPS reported by General Motors Company for the previous quarter, Wall Street now forecasts -23.64 % negative EPS growth.

General Motors Company (NYSE:GM) Ratings Coverage

Among 15 analysts covering General Motors (NYSE:GM), 10 have Buy rating, 1 Sell and 4 Hold. Therefore 67% are positive. General Motors had 25 analyst reports since October 25, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, January 16 by RBC Capital Markets. RBC Capital Markets maintained the shares of GM in report on Monday, January 22 with “Buy” rating. Guggenheim maintained General Motors Company (NYSE:GM) rating on Thursday, April 19. Guggenheim has “Buy” rating and $5400 target. The stock has “Buy” rating by CFRA on Tuesday, January 16. The firm has “Sell” rating given on Monday, October 30 by Goldman Sachs. Nomura maintained the shares of GM in report on Thursday, February 8 with “Neutral” rating. As per Wednesday, October 25, the company rating was maintained by Craig Hallum. The rating was maintained by Citigroup on Monday, February 12 with “Buy”. Nomura downgraded the stock to “Hold” rating in Wednesday, November 1 report. Citigroup upgraded the shares of GM in report on Wednesday, October 25 to “Buy” rating.

General Motors Company (NYSE:GM) Institutional Positions Chart

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