Ford Motor Company (F) Shares Bought by Legal & General Group Plc

Gladys Abbott
September 14, 2017

IL's holdings in General Motors were worth $4,560,000 as of its most recent SEC filing. Dimensional Fund Advisors LP lifted its stake in General Motors by 2.0% in the first quarter. 40,285 were accumulated by First Heartland Consultants.

Biondo Investment Advisors Llc, which manages about $423.40M and $302.36 million US Long portfolio, upped its stake in Alphabet Inc Cap Stk by 4,085 shares to 11,418 shares, valued at $9.05 million in 2016Q4, according to the filing. Tokio Marine Asset Management Limited has 67,238 shares.

The stock increased 1.58% or $0.3 on September 1, reaching $19.3. Cornerstone Cap Management Limited Liability Com owns 1.04M shares or 0.1% of their United States portfolio. Pzena Investment Management has an ownership of 23,812,718 stocks of the auto manufacturer's shares valued $266,464,000 following purchasing an extra 6,611,425 shares through out the quarter. Finally, Smith Salley & Associates increased its position in Ford Motor by 3.8% during the 2nd quarter. NB CA now owns 6,850 shares of the auto manufacturer's stock valued at $242,000 after acquiring an additional 100 shares during the last quarter. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock.

A number of brokerages recently issued reports on GM. They now have a Dollars 37 price target on the stock. Sanctuary Wealth Advisors Llc, a California-based fund reported 363,007 shares. The firm earned "Neutral" rating on Wednesday, October 26 by Bank of America. Morgan Stanley upgraded General Motors Company (NYSE:GM) rating on Monday, September 19. Jefferies maintained the shares of GM in report on Monday, June 12 with "Hold" rating. Barclays Capital upgraded it to "Overweight" rating and $15 target in Friday, February 3 report. Ford Motor Company (NYSE:F) has declined 16.63% since September 5, 2016 and is downtrending. The stock was sold at an average price of $34.77, for a total value of $8,145,706.98. Following the completion of the sale, the insider now directly owns 532,435 shares in the company, valued at approximately $6,037,812.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The firm has "Sell" rating given on Friday, November 13 by Citigroup. Foster & Motley Inc. now owns 11,159 shares of the auto manufacturer's stock valued at $395,000 after purchasing an additional 116 shares during the period. The disclosure for this sale can be found here. 50,000 shares were sold by Hinrichs Joseph R, worth $555,475 on Friday, May 5.

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Multiple company employees have indulged in significant insider trading. About shares traded. General Motors Company (NYSE:GM) has risen 7.92% since September 4, 2016 and is uptrending. These shares are worth $886,864 and were traded at $11 each. Market valuation of the company is $45.58 B, a price to earnings ratio of 12.079 along with a stock beta of 1.12. General Motors Company has a 1-year low of $30.13 and a 1-year high of $38.55. The firm has a 50-day moving average price of $35.66 and a 200-day moving average price of $35.05.

06/16/2017 - General Motors Company had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.13. The company had revenue of $36.93 billion during the quarter, compared to analysts' expectations of $37.22 billion. General Motors had a return on equity of 22.45% and a net margin of 5.38%. Revenue during the quarter was $29.56 billion, representing -12% growth from $33.49 billion in year-ago quarter. During the same period past year, the firm posted $0.52 earnings per share. Edgar Lomax Company Va invested in 343,908 shares or 0.77% of the stock.

Investors sentiment decreased to 1.02 in 2016 Q4. The dividend yield was $4.16. The ex-dividend date is Thursday, September 7th. Ford Motor presently has a consensus recommendation of "Hold" and an average price target of $12.54.

WARNING: This piece was reported by Week Herald and is the sole property of of Week Herald. If you are viewing this story on another domain, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark laws. Ohio-based Foster & Motley has invested 0.45% in Ford Motor Company (NYSE:F). The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company provides automotive financing services through General Motors Financial Company, Inc The Company develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC.

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