General Motors Co (NYSE:GM) Institutional Investor Sentiment Trend

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Sentiment for General Motors Co (NYSE:GM)

General Motors Co (NYSE:GM) institutional sentiment decreased to 0.95 in Q2 2019. Its down -0.08, from 1.03 in 2019Q1. The ratio has dropped, as 304 investment managers increased or started new stock positions, while 319 decreased and sold their holdings in General Motors Co. The investment managers in our partner’s database now own: 1.04 billion shares, down from 1.16 billion shares in 2019Q1. Also, the number of investment managers holding General Motors Co in their top 10 stock positions was flat from 25 to 25 for the same number . Sold All: 50 Reduced: 269 Increased: 229 New Position: 75.

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company has market cap of $55.48 billion. The firm operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial divisions. It has a 6.19 P/E ratio. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Opel, Vauxhall, Baojun, Jiefang, and Wuling brand names.

The stock decreased 0.54% or $0.21 during the last trading session, reaching $38.86. About 8.67 million shares traded or 18.61% up from the average. General Motors Company (NYSE:GM) has risen 7.09% since September 13, 2018 and is uptrending. It has outperformed by 7.09% the S&P500.

Analysts await General Motors Company (NYSE:GM) to report earnings on October, 30. They expect $1.89 earnings per share, up 1.07 % or $0.02 from last year’s $1.87 per share. GM’s profit will be $2.70 billion for 5.14 P/E if the $1.89 EPS becomes a reality. After $1.64 actual earnings per share reported by General Motors Company for the previous quarter, Wall Street now forecasts 15.24 % EPS growth.

Greenlight Capital Inc holds 16.66% of its portfolio in General Motors Company for 5.86 million shares. Oldfield Partners Llp owns 1.93 million shares or 7.11% of their US portfolio. Moreover, Acr Alpine Capital Research Llc has 5.89% invested in the company for 2.89 million shares. The California-based Wilsey Asset Management Inc has invested 5.12% in the stock. Asset Management Advisors Llc, a Oklahoma-based fund reported 142,170 shares.

General Motors Company (NYSE:GM) Ratings Coverage

Ratings analysis reveals 100% of General Motors’s analysts are positive. Out of 3 Wall Street analysts rating General Motors, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $44 while the high is $6800. The stock’s average target of $53.33 is 37.24% above today’s ($38.86) share price. GM was included in 6 notes of analysts from March 19, 2019. The company was maintained on Friday, August 2 by Citigroup. Morgan Stanley maintained it with “Buy” rating and $44 target in Tuesday, March 26 report.

More notable recent General Motors Company (NYSE:GM) news were published by: Fool.com which released: “Why PG&E, Kemet, and Cars.com Jumped Today – Motley Fool” on September 13, 2019, also Fool.com with their article: “3 Warren Buffett Stocks Worth Buying Now – The Motley Fool” published on August 27, 2019, Seekingalpha.com published: “UAW preps for battle – Seeking Alpha” on September 03, 2019. More interesting news about General Motors Company (NYSE:GM) were released by: Csrwire.com and their article: “GM Earns EPA Green Power Leadership Honors Reinforcing Vision for Zero Emissions Future – CSRwire.com” published on September 10, 2019 as well as Bizjournals.com‘s news article titled: “Strike threat grows as UAW, GM near Saturday contract expiration – Kansas City Business Journal” with publication date: September 12, 2019.

General Motors Company (NYSE:GM) Institutional Positions Chart

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