General Motors (NYSE:GM) PT Raised to $52.00 at Mizuho

General Motors (NYSE:GM) (TSE:GMM.U) had its price objective lifted by stock analysts at Mizuho from $48.00 to $52.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the auto manufacturer’s stock. Mizuho’s price target would indicate a potential upside of 15.30% from the company’s current price.

A number of other analysts have also recently commented on GM. Tigress Financial lifted their price objective on General Motors from $86.00 to $88.00 and gave the stock a “strong-buy” rating in a research report on Thursday, February 15th. Redburn Atlantic assumed coverage on General Motors in a report on Wednesday, January 24th. They issued a “neutral” rating and a $40.00 price target for the company. Wedbush lifted their price target on General Motors from $40.00 to $45.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. Wells Fargo & Company lifted their price target on General Motors from $27.00 to $28.00 and gave the company an “underweight” rating in a report on Wednesday, January 31st. Finally, Morgan Stanley lifted their price target on General Motors from $43.00 to $46.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $52.74.

General Motors Trading Up 4.4 %

General Motors stock opened at $45.10 on Wednesday. The stock has a market cap of $52.06 billion, a PE ratio of 6.17, a P/E/G ratio of 0.51 and a beta of 1.51. The stock has a 50-day moving average price of $41.86 and a 200 day moving average price of $36.06. General Motors has a 52 week low of $26.30 and a 52 week high of $46.04. The company has a current ratio of 1.08, a quick ratio of 0.90 and a debt-to-equity ratio of 1.21.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, April 23rd. The auto manufacturer reported $2.62 EPS 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 analysts’ expectations of $41.09 billion. General Motors had a return on equity of 14.34% and a net margin of 5.89%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.21 EPS. Equities research analysts predict that General Motors will post 9.12 earnings per share for the current fiscal year.

Insider Buying and Selling at General Motors

In other General Motors news, EVP Julian G. Blissett sold 13,826 shares of the company’s 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 transaction, the executive vice president now directly owns 87,567 shares of the company’s stock, valued at approximately $3,348,562.08. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, EVP Rory Harvey sold 5,100 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $43.04, for a total transaction of $219,504.00. Following the sale, the executive vice president now directly owns 12,658 shares of the company’s stock, valued at approximately $544,800.32. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Julian G. Blissett sold 13,826 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were 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 $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. Corporate insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On General Motors

Institutional investors and hedge funds have recently made changes to their positions in the company. Unison Advisors LLC grew its stake in General Motors by 0.4% during the 1st quarter. Unison Advisors LLC now owns 67,196 shares of the auto manufacturer’s stock worth $3,047,000 after buying an additional 246 shares during the last quarter. Janiczek Wealth Management LLC grew its stake in shares of General Motors by 5.2% in the first quarter. Janiczek Wealth Management LLC now owns 5,063 shares of the auto manufacturer’s stock worth $230,000 after purchasing an additional 248 shares in the last quarter. FinTrust Capital Advisors LLC grew its stake in shares of General Motors by 2.5% in the fourth quarter. FinTrust Capital Advisors LLC now owns 11,113 shares of the auto manufacturer’s stock worth $399,000 after purchasing an additional 268 shares in the last quarter. Summit Financial LLC grew its stake in shares of General Motors by 4.3% in the fourth quarter. Summit Financial LLC now owns 6,662 shares of the auto manufacturer’s stock worth $239,000 after purchasing an additional 273 shares in the last quarter. Finally, Sutton Place Investors LLC grew its stake in shares of General Motors by 1.7% in the first quarter. Sutton Place Investors LLC now owns 17,236 shares of the auto manufacturer’s stock worth $782,000 after purchasing an additional 280 shares in the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

General Motors Company 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.