Investors sold shares of General Motors Co. (NYSE:GM) on strength during trading on Wednesday. $72.04 million flowed into the stock on the tick-up and $93.81 million flowed out of the stock on the tick-down, for a money net flow of $21.77 million out of the stock. Of all equities tracked, General Motors had the 0th highest net out-flow for the day. General Motors traded up $0.24 for the day and closed at $31.49

GM has been the subject of a number of research analyst reports. Vetr raised shares of General Motors from a “hold” rating to a “buy” rating and set a $32.30 price target for the company in a report on Wednesday, June 1st. Goldman Sachs Group Inc. raised their price target on shares of General Motors from $40.00 to $41.00 and gave the stock a “neutral” rating in a report on Friday, April 22nd. Buckingham Research reaffirmed a “neutral” rating on shares of General Motors in a report on Thursday, May 5th. Robert W. Baird reaffirmed a “neutral” rating and issued a $25.00 price target on shares of General Motors in a report on Monday, June 20th. Finally, Morgan Stanley reaffirmed a “sell” rating and issued a $28.00 price target on shares of General Motors in a report on Tuesday, May 3rd. One research analyst has rated the stock with a sell rating, ten have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. General Motors has an average rating of “Hold” and a consensus price target of $36.00.

The firm has a 50-day moving average price of $29.49 and a 200-day moving average price of $30.20. The firm has a market cap of $48.49 billion and a PE ratio of 4.75.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 23rd. Shareholders of record on Friday, September 9th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 4.83%.

In other General Motors news, EVP James B. Deluca sold 10,374 shares of the company’s stock in a transaction on Friday, May 27th. The shares were sold at an average price of $31.48, for a total transaction of $326,573.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

A number of institutional investors have recently made changes to their positions in the company. Tredje AP fonden increased its position in shares of General Motors by 1.2% in the fourth quarter. Tredje AP fonden now owns 93,922 shares of the auto manufacturer’s stock worth $3,194,000 after buying an additional 1,138 shares during the last quarter. FineMark National Bank & Trust increased its position in shares of General Motors by 4.7% in the fourth quarter. FineMark National Bank & Trust now owns 42,070 shares of the auto manufacturer’s stock worth $1,431,000 after buying an additional 1,896 shares in the last quarter. LS Investment Advisors LLC increased its position in shares of General Motors by 16.2% in the fourth quarter. LS Investment Advisors LLC now owns 46,231 shares of the auto manufacturer’s stock worth $1,572,000 after buying an additional 6,429 shares in the last quarter. Stephens Inc. AR increased its position in shares of General Motors by 13.7% in the fourth quarter. Stephens Inc. AR now owns 58,192 shares of the auto manufacturer’s stock worth $1,979,000 after buying an additional 7,005 shares in the last quarter. Finally, Liberty Mutual Group Asset Management Inc. increased its position in shares of General Motors by 9.2% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 86,039 shares of the auto manufacturer’s stock worth $2,926,000 after buying an additional 7,262 shares in the last quarter.

General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc (GM Financial). The Company’s four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA).

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