February 22, 2018

Automakers Mostly Report Lower US Sales For June

05 July 2017, 12:27 | Frank Carlson

Palouse Capital Management Has Cut Its Ford Mtr Co Del (F) Holding; Whitehorse Finance (WHF) Sentiment Is 2.5

New trucks are shown for sale at a Chevrolet dealership in National City California U.S

Alliancebernstein L.P. now owns 5,174,420 shares of the auto manufacturer's stock valued at $182,967,000 after buying an additional 2,407,818 shares during the period. Asset Management One Co.

"We still believe that 2017 will be another solid year", Toyota sales chief Bill Fay told the newspaper. NB CA now owns 6,850 shares of the auto manufacturer's stock worth $242,000 after buying an additional 100 shares during the last quarter. The Regions Financial Corp holds 271,046 shares with $3.29M value, down from 394,444 last quarter.

Regions Financial Corp decreased Ford Motor Company (F) stake by 31.28% reported in 2016Q4 SEC filing. Rockland Trust Co. now owns 41,051 shares of the auto manufacturer's stock valued at $478,000 after buying an additional 159 shares in the last quarter. Institutional investors and hedge funds own 55.59% of the company's stock.

General Motors Company (GM) opened at 35.57 on Tuesday. The stock's 50 day moving average price is $11.09 and its 200-day moving average price is $11.87. The analyst recommendations from a month ago are 1 Buy, 4 Strong Buy, 0 Sell, 1 Hold and 8. Ford Motor Company has a 52 week low of $10.67 and a 52 week high of $14.04.

US sales at General Motors and Ford each fell about 5 percent last month, but the three largest Japanese automakers reported sales increases. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.05.

Fiat Chrysler reported a seven percent decline. Return on Equity (ROE) stands at 12.2% and Return on Investment (ROI) of 1.1 percent.

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Ford Motor Company (NYSE:F) last announced its quarterly earnings results on Thursday, April 27th.

The auto industry in general saw sales of larger trucks and SUVs at the expense of smaller cars; Nissan's truck sales increased by 21 percent in the first half of the year, which helped outweigh a 12 percent decline among its cars.

Looking ahead to the second half of the year, home sales and U.S. infrastructure investments could allow healthy truck sales to accelerate even more, Ford Vice President of U.S. Marketing, Sales and Service Mark LaNeve said during a conference call with analysts. Toronto Dominion Financial Bank invested in 673,375 shares or 0.02% of the stock. This represents a $1.52 annualized dividend and a yield of 4.27%. Finally, Guggenheim started coverage on shares of Ford Motor Company in a research note on Wednesday, June 21st. If you are reading this piece on another site, it was illegally stolen and reposted in violation of USA & worldwide trademark and copyright laws. The legal version of this piece of content can be read at

A number of research firms have recently weighed in on F. Berenberg Bank set a $10.00 price target on shares of Ford Motor Company and gave the company a "sell" rating in a report on Monday, June 12th. Company shares have been seen trading -9.39% off of the 52 week high and 26.93% away from the 52 week low. The stock of General Motors Company (NYSE:GM) earned "Sector Perform" rating by RBC Capital Markets on Friday, July 24. Finally, Swiss National Bank increased its position in General Motors Company by 25.1% in the first quarter. They issued a "hold" rating and a $37.00 target price on the stock. Analyst rating score as published on FINVIZ are rated on a 1 to 5 scale. The company has an average rating of "Hold" and an average target price of $13.41. The stock was sold at an average price of $11.16, for a total value of $279,000.00. UBS Asset Management Americas Inc. now owns 7,457,145 shares of the auto manufacturer's stock worth $259,807,000 after buying an additional 1,179,612 shares in the last quarter. The stock was bought at an average cost of $32.92 per share, for a total transaction of $50,038.40. The disclosure for this purchase can be found here.

Overall, GM's June sales totaled 243,155 vehicles, down 5% from a year ago. Following the transaction, the insider now owns 428,411 shares of the company's stock, valued at approximately $4,781,066.76.

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The Company's divisions include GM North America, GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc.

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