Yousif Capital Management LLC Has $9.72 Million Stake in General Motors Company $GM

Yousif Capital Management LLC lowered its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 7.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 159,438 shares of the auto manufacturer’s stock after selling 11,987 shares during the period. Yousif Capital Management LLC’s holdings in General Motors were worth $9,721,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Trust Co. of Toledo NA OH acquired a new stake in General Motors during the 2nd quarter valued at $25,000. GFG Capital LLC bought a new stake in shares of General Motors during the second quarter worth $27,000. Armstrong Advisory Group Inc. grew its holdings in shares of General Motors by 94.6% during the third quarter. Armstrong Advisory Group Inc. now owns 545 shares of the auto manufacturer’s stock worth $33,000 after purchasing an additional 265 shares during the last quarter. RMG Wealth Management LLC acquired a new stake in shares of General Motors in the second quarter valued at $32,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of General Motors in the second quarter valued at about $38,000. 92.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on GM. Evercore ISI increased their price objective on shares of General Motors from $68.00 to $74.00 and gave the stock an “outperform” rating in a report on Monday, November 24th. Argus set a $78.00 price target on shares of General Motors in a research note on Thursday, October 23rd. Wall Street Zen cut shares of General Motors from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Barclays upped their price objective on General Motors from $77.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Finally, Royal Bank Of Canada lifted their target price on General Motors from $77.00 to $86.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, General Motors has a consensus rating of “Moderate Buy” and a consensus target price of $75.76.

Insider Transactions at General Motors

In other news, President Mark L. Reuss sold 260,600 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $66.45, for a total transaction of $17,316,870.00. Following the completion of the transaction, the president directly owned 98,006 shares in the company, valued at approximately $6,512,498.70. The trade was a 72.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Rory Harvey sold 6,600 shares of the stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $61.95, for a total transaction of $408,870.00. Following the completion of the sale, the executive vice president owned 8,513 shares in the company, valued at $527,380.35. This represents a 43.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 450,182 shares of company stock worth $28,994,291. 0.54% of the stock is currently owned by company insiders.

General Motors Price Performance

GM opened at $82.74 on Wednesday. The company has a fifty day moving average price of $71.88 and a two-hundred day moving average price of $60.78. The firm has a market capitalization of $77.18 billion, a PE ratio of 16.65, a P/E/G ratio of 0.75 and a beta of 1.30. General Motors Company has a 52 week low of $41.60 and a 52 week high of $83.68. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.06 and a current ratio of 1.23.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.48. General Motors had a return on equity of 12.29% and a net margin of 1.62%.The company had revenue of $48.59 billion for the quarter, compared to the consensus estimate of $44.60 billion. During the same quarter in the prior year, the business posted $2.96 EPS. The firm’s quarterly revenue was down .3% on a year-over-year basis. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. As a group, analysts anticipate that General Motors Company will post 11.44 earnings per share for the current year.

General Motors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, December 5th were issued a dividend of $0.15 per share. The ex-dividend date was Friday, December 5th. This represents a $0.60 dividend on an annualized basis and a yield of 0.7%. General Motors’s dividend payout ratio (DPR) is 12.07%.

About General Motors

General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.