Hotchkis & Wiley Capital Management LLC Lowered Its General Mtrs Co (GM) Position by $19.30 Million; Shares Declined

General Motors Company (NYSE:GM) LogoInvestors sentiment increased to 1.03 in 2019 Q1. Its up 0.29, from 0.74 in 2018Q4. It increased, as 56 investors sold GM shares while 267 reduced holdings. 86 funds opened positions while 247 raised stakes. 1.16 billion shares or 9.06% more from 1.06 billion shares in 2018Q4 were reported. Supplemental Annuity Collective Tru Of Nj owns 28,000 shares. Alpine Woods Cap Invsts Limited Liability Corp, New York-based fund reported 6,600 shares. Westover Advsr Limited holds 1.46% or 75,925 shares in its portfolio. Tradewinds Capital Llc reported 136 shares stake. Hbk Limited Partnership stated it has 0.5% of its portfolio in General Motors Company (NYSE:GM). Moreover, Pinnacle Fincl Prns has 0.04% invested in General Motors Company (NYSE:GM) for 14,358 shares. Bruce, Illinois-based fund reported 315,000 shares. Daiwa Sb Invs Limited has invested 0% in General Motors Company (NYSE:GM). Assetmark reported 99,930 shares or 0.03% of all its holdings. Wellington Shields And Lc accumulated 98,250 shares. Strategy Asset Managers Ltd Liability Corporation stated it has 0.25% of its portfolio in General Motors Company (NYSE:GM). Accuvest Global Advsrs accumulated 12,619 shares. First Interstate Fincl Bank invested in 0% or 260 shares. Redwood Invests Limited Com, Massachusetts-based fund reported 190,176 shares. Torray Ltd holds 1.58% of its portfolio in General Motors Company (NYSE:GM) for 404,928 shares.

Hotchkis & Wiley Capital Management Llc decreased its stake in General Mtrs Co (GM) by 3.08% based on its latest 2019Q1 regulatory filing with the SEC. Hotchkis & Wiley Capital Management Llc sold 521,700 shares as the company’s stock declined 4.18% while stock markets rallied. The institutional investor held 16.44M shares of the auto manufacturing company at the end of 2019Q1, valued at $610.06 million, down from 16.97M at the end of the previous reported quarter. Hotchkis & Wiley Capital Management Llc who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $55.62 billion market cap company. The stock increased 2.03% or $0.78 during the last trading session, reaching $39.21. About 7.03M shares traded. General Motors Company (NYSE:GM) has risen 2.02% since July 14, 2018 and is uptrending. It has underperformed by 2.41% the S&P500.

Hotchkis & Wiley Capital Management Llc, which manages about $25.96B and $24.98 billion US Long portfolio, upped its stake in Associated Banc Corp (NYSE:ASB) by 288,658 shares to 1.39 million shares, valued at $29.71 million in 2019Q1, according to the filing. It also increased its holding in Mdc Partners Inc (NASDAQ:MDCA) by 2.07M shares in the quarter, for a total of 9.78 million shares, and has risen its stake in Hanger Inc (NYSE:HGR).

Analysts await General Motors Company (NYSE:GM) to report earnings on July, 24. They expect $1.42 EPS, down 21.55 % or $0.39 from last year’s $1.81 per share. GM’s profit will be $2.01 billion for 6.90 P/E if the $1.42 EPS becomes a reality. After $1.41 actual EPS reported by General Motors Company for the previous quarter, Wall Street now forecasts 0.71 % EPS growth.

More notable recent General Motors Company (NYSE:GM) news were published by: Investorplace.com which released: “3 Car Stocks to Trade Today — And How – Investorplace.com” on June 28, 2019, also Finance.Yahoo.com with their article: “Did General Motors’ Second-Quarter Sales Drive a Good Profit? – Yahoo Finance” published on July 11, 2019, Finance.Yahoo.com published: “Ford’s Sales in China Fell Again, But It’s Not All Bad – Yahoo Finance” on July 11, 2019. More interesting news about General Motors Company (NYSE:GM) were released by: Seekingalpha.com and their article: “Credit Suisse sees healthy profits for GM – Seeking Alpha” published on June 26, 2019 as well as Finance.Yahoo.com‘s news article titled: “Crossover and SUV Deliveries Surge at GM — and Ford Isn’t Far Behind – Yahoo Finance” with publication date: July 07, 2019.

General Motors Company (NYSE:GM) Ratings Coverage

Among 3 analysts covering General Motors (NYSE:GM), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. General Motors had 8 analyst reports since February 13, 2019 according to SRatingsIntel. Morgan Stanley maintained it with “Buy” rating and $44 target in Tuesday, March 26 report.

General Motors Company (NYSE:GM) Institutional Positions Chart

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