General Motors Company (GM) Holder Janney Capital Management LLC Trimmed Holding by $5.22 Million as Stock Declined

May 16, 2018 - By Ellis Scott

General Motors Company (NYSE:GM) LogoInvestors sentiment increased to 0.9 in 2017 Q4. Its up 0.03, from 0.87 in 2017Q3. It is positive, as 64 investors sold GM shares while 322 reduced holdings. 122 funds opened positions while 225 raised stakes. 999.45 million shares or 1.00% less from 1.01 billion shares in 2017Q3 were reported. Tower Rech Capital Ltd Liability Corporation (Trc) accumulated 9,306 shares. Paloma Ptnrs Mgmt Commerce has 0.08% invested in General Motors Company (NYSE:GM) for 146,210 shares. Heritage Investors Mngmt reported 0.12% of its portfolio in General Motors Company (NYSE:GM). Smithfield has 1,635 shares. Utah Retirement holds 239,937 shares. Aviance Mgmt Limited Liability Company invested in 0.02% or 5,455 shares. Highstreet Asset Mgmt Inc holds 0.01% of its portfolio in General Motors Company (NYSE:GM) for 3,434 shares. Envestnet Asset Mngmt, Illinois-based fund reported 106,536 shares. Madison Investment Hldgs holds 0.37% of its portfolio in General Motors Company (NYSE:GM) for 531,025 shares. 75,000 were accumulated by Opus Mgmt. Dimensional Fund Advsr Lp holds 0.25% of its portfolio in General Motors Company (NYSE:GM) for 14.85 million shares. Wellington Group Incorporated Llp reported 11.51M shares or 0.1% of all its holdings. Verition Fund Mgmt Limited Com has 124,931 shares. Liberty Mutual Asset Management holds 0.06% in General Motors Company (NYSE:GM) or 52,271 shares. Kempner Mgmt owns 185,175 shares or 4.74% of their US portfolio.

Janney Capital Management Llc decreased its stake in General Motors Company (GM) by 22.48% based on its latest 2017Q4 regulatory filing with the SEC. Janney Capital Management Llc sold 130,429 shares as the company’s stock declined 17.02% with the market. The institutional investor held 449,744 shares of the auto manufacturing company at the end of 2017Q4, valued at $18.44 million, down from 580,173 at the end of the previous reported quarter. Janney Capital Management Llc who had been investing in General Motors Company for a number of months, seems to be less bullish one the $52.49 billion market cap company. The stock increased 0.81% or $0.3 during the last trading session, reaching $37.24. About 1.60 million shares traded. General Motors Company (NYSE:GM) has risen 0.46% since May 16, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

Janney Capital Management Llc, which manages about $3.30B and $2.34B US Long portfolio, upped its stake in Vaneck Uncnv Oilgas Etf by 351,050 shares to 1.02M shares, valued at $16.00 million in 2017Q4, according to the filing.

Analysts await General Motors Company (NYSE:GM) to report earnings on July, 24. They expect $1.82 EPS, down 3.70 % or $0.07 from last year’s $1.89 per share. GM’s profit will be $2.57B for 5.12 P/E if the $1.82 EPS becomes a reality. After $1.43 actual EPS reported by General Motors Company for the previous quarter, Wall Street now forecasts 27.27 % EPS growth.

More notable recent General Motors Company (NYSE:GM) news were published by: Seekingalpha.com which released: “GM: $3.5 Billion Cash Burn” on April 27, 2018, also 247Wallst.com with their article: “What to Look For When GM Reports Earnings Thursday Morning” published on April 25, 2018, Nasdaq.com published: “Ford’s Truck Woes Spell Opportunity for GM and Fiat Chrysler” on May 13, 2018. More interesting news about General Motors Company (NYSE:GM) were released by: Seekingalpha.com and their article: “Doomsday Valuation Makes This Stock A Buy” published on April 27, 2018 as well as Seekingalpha.com‘s news article titled: “GM picks new boss for Cadillac” with publication date: April 18, 2018.

General Motors Company (NYSE:GM) Ratings Coverage

Among 11 analysts covering General Motors (NYSE:GM), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. General Motors had 16 analyst reports since November 20, 2017 according to SRatingsIntel. The stock of General Motors Company (NYSE:GM) earned “Outperform” rating by RBC Capital Markets on Tuesday, December 19. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, February 6 report. Bank of America maintained the stock with “Buy” rating in Wednesday, February 7 report. The stock of General Motors Company (NYSE:GM) earned “Buy” rating by Guggenheim on Monday, November 20. Nomura maintained General Motors Company (NYSE:GM) rating on Thursday, February 8. Nomura has “Neutral” rating and $45 target. Guggenheim maintained the shares of GM in report on Thursday, April 19 with “Buy” rating. The stock has “Overweight” rating by JP Morgan on Tuesday, March 13. CFRA maintained General Motors Company (NYSE:GM) on Tuesday, January 16 with “Buy” rating. RBC Capital Markets maintained General Motors Company (NYSE:GM) on Tuesday, January 16 with “Buy” rating. The rating was maintained by BMO Capital Markets with “Hold” on Sunday, March 4.

General Motors Company (NYSE:GM) Institutional Positions Chart

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