During the third quarter, Bison Wealth LLC invested in General Motors (GM:NYE), acquiring 13,307 shares in the automaker, with an approximate value of $427,000, according to the company’s 13F filing with the Securities and Exchange Commission. A variety of other hedge funds and institutional investors have also recently purchased and sold shares of the company.
GM Stock Price Analysis:
General Motors stock shares were trading down by 1.5%, or $0.59, to $38.72 on Tuesday. GM stock has a market cap of $54.00 billion, with a P/E ratio of 6.41, a PEG ratio of 0.64, and a beta of 1.37. The company has a quick ratio of 0.93, a current ratio of 1.10, and a debt-to-equity ratio of 1.06.
GM Stock Dividend:
General Motors announced a quarterly dividend, with shareholders of record as of Friday, March 3rd, set to receive a dividend of $0.09 on Thursday, March 16th, representing a dividend yield of 0.93%. General Motors’ dividend payout ratio (DPR) is 5.87%.
GM Stock Forecast:
Based on the GM stock forecast from 20 analysts, the average analyst target price for General Motors Company is USD 48.38 over the next 12 months. General Motors Company’s average analyst rating is Hold.
Stock Target Advisor’s own stock analysis of GM stock forecast is Slightly Bullish, which is based on 9 positive signals and 6 negative signals. At the last closing, General Motors’ stock price was USD 39.31. General Motors Company’s stock price has changed by -8.94% over the past week, +3.58% over the past month, and -17.12% over the last year.
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.
General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan.