General Motors (NYSE:GM) Stock Holdings Lifted by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its holdings in shares of General Motors (NYSE:GM - Free Report) TSE: GMM.U by 39.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 102,556 shares of the auto manufacturer's stock after buying an additional 29,194 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in General Motors were worth $3,684,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Highlander Capital Management LLC acquired a new position in shares of General Motors during the fourth quarter valued at approximately $27,000. SouthState Corp grew its stake in shares of General Motors by 173.8% in the 3rd quarter. SouthState Corp now owns 764 shares of the auto manufacturer's stock worth $25,000 after purchasing an additional 485 shares during the last quarter. Bfsg LLC bought a new stake in shares of General Motors in the 4th quarter worth approximately $35,000. Tennessee Valley Asset Management Partners acquired a new stake in General Motors during the fourth quarter valued at approximately $36,000. Finally, Venturi Wealth Management LLC boosted its holdings in General Motors by 74.6% during the fourth quarter. Venturi Wealth Management LLC now owns 1,229 shares of the auto manufacturer's stock worth $44,000 after buying an additional 525 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company's stock.

Wall Street Analyst Weigh In

GM has been the topic of a number of recent research reports. Tigress Financial lifted their target price on General Motors from $86.00 to $88.00 and gave the stock a "strong-buy" rating in a report on Thursday, February 15th. Wells Fargo & Company upped their price objective on shares of General Motors from $28.00 to $30.00 and gave the company an "underweight" rating in a research note on Wednesday, April 24th. Mizuho lifted their target price on shares of General Motors from $48.00 to $52.00 and gave the stock a "buy" rating in a research report on Wednesday, April 24th. Redburn Atlantic started coverage on shares of General Motors in a research report on Wednesday, January 24th. They issued a "neutral" rating and a $40.00 price target for the company. Finally, Sanford C. Bernstein assumed coverage on shares of General Motors in a research note on Thursday, April 25th. They issued an "outperform" rating and a $55.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $54.65.

Insiders Place Their Bets

In other news, EVP Julian G. Blissett sold 13,826 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $38.24, for a total value of $528,706.24. Following the completion of the sale, the executive vice president now directly owns 87,567 shares of the company's stock, valued at $3,348,562.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other General Motors news, CAO Christopher Hatto sold 15,510 shares of the company's stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $40.02, for a total value of $620,710.20. Following the completion of the transaction, the chief accounting officer now owns 21,507 shares of the company's stock, valued at approximately $860,710.14. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Julian G. Blissett sold 13,826 shares of General Motors stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $38.24, for a total value of $528,706.24. Following the sale, the executive vice president now directly owns 87,567 shares in the company, valued at approximately $3,348,562.08. The disclosure for this sale can be found here. Insiders have sold a total of 86,248 shares of company stock valued at $3,614,078 in the last three months. Company insiders own 0.72% of the company's stock.

General Motors Stock Performance

Shares of General Motors stock traded up $0.45 on Wednesday, reaching $45.48. The stock had a trading volume of 11,051,838 shares, compared to its average volume of 16,573,846. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.97 and a current ratio of 1.16. The business's 50-day moving average price is $43.48 and its two-hundred day moving average price is $37.69. The stock has a market cap of $51.89 billion, a P/E ratio of 5.56, a price-to-earnings-growth ratio of 0.53 and a beta of 1.49. General Motors has a fifty-two week low of $26.30 and a fifty-two week high of $46.17.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last released its earnings results on Tuesday, April 23rd. The auto manufacturer reported $2.62 earnings per share for the quarter, topping analysts' consensus estimates of $2.02 by $0.60. The firm had revenue of $43.01 billion during the quarter, compared to analyst estimates of $41.09 billion. General Motors had a net margin of 6.13% and a return on equity of 14.40%. The business's revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.21 EPS. On average, sell-side analysts forecast that General Motors will post 9.4 EPS for the current year.

General Motors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Friday, June 7th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Friday, June 7th. General Motors's dividend payout ratio (DPR) is currently 5.87%.

General Motors Profile

General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names.

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