Denali Advisors LLC Sells 303377 Shares of Ford Motor Company (F)

REUTERS

Piper Jaffray Companies set a $14.00 target price on shares of Ford Motor and gave the stock a "buy" rating in a report on Monday, October 16th. The firm now has a "sector perform" rating on the auto manufacturer's stock. Craig Hallum's price objective would indicate a potential downside of 3.18% from the stock's current price.

Other analysts also recently issued reports about the stock. The mean target price as estimated by the analysts for the company has been recorded at $42.77. Royal Bank Of Canada reissued a "sector perform" rating and issued a $51.00 target price (up previously from $44.00) on shares of General Motors in a research note on Wednesday. Gilman Hill Asset Mgmt Lc holds 2.03% of its portfolio in General Motors Company (NYSE:GM) for 134,647 shares. But with that backed out and before taxes, the company made $1.32 per share. In terms of moving averages, the 200-day is now at 36.49, the 50-day is 40.16, and the 7-day is resting at 45.37.

The highest price GM stock touched in the last 12 month was $46.76 and the lowest price it hit in the same period was $30.21. The sale is expected to cost the company roughly $6.3 billion overall, including $5.4 billion in the third quarter.

Analysts await Ford Motor Company (NYSE:F) to report earnings on October, 26 before the open. The auto manufacturer reported $1.32 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.21.


The automaker's automotive sales fell 16.6% in the quarter to $30.5 billion from $36.5 billion a year earlier. The ROIC Quality of Ford Motor Company (NYSE:F) is 5.278401.

EPS Estimate for the next Quarter is 1.13. If you are reading this piece of content on another site, it was copied illegally and republished in violation of USA & global trademark & copyright law. Its opening price on the last trading day was $45.15. Hermes Investment Management Ltd. now owns 1,143,167 shares of the auto manufacturer's stock worth $14,370,000 after buying an additional 218,600 shares during the last quarter. Comparing that to the current price of $12.10, you can formulate an opinion of whether the company is over bought or oversold. The short ratio in the company's stock is documented at 3.12 and the short float is around of 2.89%. Breaking down insider in the United States, the Securities and Exchange Commission makes rules concerning insider trading. Also, insider Alicia S. Boler-Davis sold 10,000 shares of the company's stock in a transaction that occurred on Friday, October 6th. More interesting news about General Motors Company (NYSE:GM) were released by: Investorplace.com and their article: "Surprise!" The disclosure for this sale can be found here. Insiders sold 852,901 shares of company stock valued at $32,378,733 over the last 90 days.

Want to see what other hedge funds are holding F? Waldron LP lifted its position in General Motors by 13.6% during the first quarter. For GM, the company now has 18.38 billion of cash on the books, which is offset by 30.01 billion in current liabilities. Companies may issue new shares and buy back their own shares. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer's stock worth $110,000 after purchasing an additional 150 shares during the last quarter. Alpha Windward LLC increased its stake in shares of General Motors by 2.3% during the second quarter. Wellington Management Group LLP now owns 1,427,554 shares of the auto manufacturer's stock valued at $50,478,000 after acquiring an additional 1,252,536 shares during the period. The Mississippi-based Bancorpsouth Incorporated has invested 0.03% in Ford Motor Company (NYSE:F).

Before trading, trader, investor or shareholder must have an eye on stock's historical performance. 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. The Company's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc.

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