State Street Corp increased its stake in shares of Ford Motor by 2.5% in the first quarter. Capital Advisors Inc. OK now owns 464,560 shares of the auto manufacturer's stock worth $16,427,000 after buying an additional 149,406 shares during the last quarter. Also joining Ford stock among the most active by volume on the NYSE is General Motors stock, last seen trading 3% higher at $37.65 - on track for its biggest one-day percentage gain in almost six months. Pegasus Partners Ltd. increased its stake in shares of General Motors by 1.9% in the first quarter. Panagora Asset Management has invested 0.05% in Ford Motor Company (NYSE:F). Hennessy Advisors Inc. now owns 146,200 shares of the auto manufacturer's stock worth $5,170,000 after buying an additional 70,100 shares during the last quarter. Hollencrest Securities LLC now owns 17,280 shares of the auto manufacturer's stock valued at $201,000 after buying an additional 4,900 shares during the last quarter.
General Motors Company (NYSE:GM) traded up 3.2687% during mid-day trading on Friday, hitting $37.7344. Ford Motor Company has a 52-week low of $10.47 and a 52-week high of $13.27. The firm has a market cap of $53.25 billion, a price-to-earnings ratio of 6.35 and a beta of 1.45. Ranking among the most active by volume on the New York Stock Exchange (NYSE) today, F stock is poised to close above its 120-day moving average for the first time since late July.
General Motors (NYSE:GM) (TSE:GMM.U) last issued its earnings results on Tuesday, July 25th. The auto manufacturer reported $1.89 EPS for the quarter, beating analysts' consensus estimates of $1.72 by $0.17.
Among 14 analysts covering International Paper Company (NYSE:IP), 7 have Buy rating, 2 Sell and 5 Hold. General Motors had a return on equity of 22.45% and a net margin of 5.38%. Ford Motor's revenue was down.5% compared to the same quarter past year. The company's revenue was down 1.1% compared to the same quarter previous year. On average, equities research analysts forecast that Ford Motor Company will post $1.75 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. The dividend yield was $4.24. The ex-dividend date is Thursday, July 20th. Point72 Asset Lp invested 0.01% of its portfolio in Ford Motor Company (NYSE:F).
Ford Motor stock is up 3.4% to trade at $11.40 - set for its highest close in almost five weeks - after the August U.S. sales data showed a 15% increase in the company's F-series pickup truck sales, which was boosted by its introduction of the new 2018 Ford F-150 model. BidaskClub upgraded shares of General Motors from a "hold" rating to a "buy" rating in a report on Thursday, August 17th. Berenberg Bank set a $31.00 price objective on shares of General Motors and gave the company a "sell" rating in a research note on Monday, August 14th. BMO Capital Markets maintained the stock with "Buy" rating in Friday, June 9 report.
Fiat Chrysler sales were down 11 percent in August, with the company reporting declines across the board. FARLEY JR JAMES D had sold 25,000 shares worth $279,068 on Monday, June 12. Cantab Capital Partners Llp now owns 41,780 shares with a value of $468,000,000. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jane L. Mendillo acquired 1,440 shares of the company's stock in a transaction on Friday, August 18th. Following the transaction, the vice president now directly owns 10 shares of the company's stock, valued at approximately $110. The disclosure for this purchase can be found here. The stock rose 1.67% or $0.9 reaching $54.77 per share. Numeric Investors Ltd Llc reported 0.03% in Ford Motor Company (NYSE:F). The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.