Key Takeaways From Ford Motors' Q3 2017 Results

Ford cars wait for deployment after arrival by ship at the Ford Dagenham diesel engine plant in London. The Ford Motor Co. reports earnings Thursday Oct. 26 2017

Ford blames Brexit for $86m third-quarter loss in Europe

The brokerage now has a hold rating on the auto manufacturer's stock.

F has been the topic of a number of recent research reports. Finally, Standpoint Research raised Ford Motor from a "hold" rating to a "buy" rating in a report on Wednesday, October 4th. Deutsche Bank AG reiterated a hold rating and issued a $14.00 target price on shares of Ford Motor in a research report on Wednesday, August 17th. Morgan Stanley began coverage on shares of General Motors in a research note on Wednesday, June 28th. Barclays Capital upgraded it to "Overweight" rating and $15 target in Friday, February 3 report.

Among 24 analysts covering F&M Bank (NYSE:F), 8 have Buy rating, 2 Sell and 14 Hold. The company presently has a consensus rating of Hold and a consensus target price of $12.44.

Ironwood Investment Management Llc holds 1.83% of its portfolio in Koppers Holdings Inc. for 70,121 shares. 11,156,223 shares of the stock were exchanged.

The company has a 50-day moving average price of $42.32 and a 200-day moving average price of $36.68. The stock touched 52-week High of $13.22 on 01/04/17 and 52-week Low of $10.47 on 08/18/17. The company has market cap of $48.73 billion.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, October 24th. During the same period in the previous year, the business earned $1.72 earnings per share.

Quarterly net profit was reported at $1.56 billion which is up more than 60% from $960 million past year. Improved operating performance and a lower tax rate were the key drivers behind the more than 60% year on year increase in net income for this quarter.

Greenlight Capital Inc, which manages about $11.41 billion and $6.20B US Long portfolio, decreased its stake in Freds Inc (NASDAQ:FRED) by 680,721 shares to 1.50 million shares, valued at $13.84 million in 2017Q2, according to the filing.

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The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. This represents a $0.60 dividend on an annualized basis and a yield of 4.98%. The ex-dividend date of this dividend is Thursday, December 7th. General Motors's dividend payout ratio (DPR) is now 77.95%. Also, insider Steven R. Armstrong sold 22,076 shares of the company's stock in a transaction on Wednesday, October 4th. Massachusetts Fincl Ma owns 1.37 million shares. Following the completion of the transaction, the president now directly owns 235,953 shares in the company, valued at $8,494,308. The shares were sold at an average price of $35.57, for a total transaction of $289,682.08. The disclosure for this sale can be found here.

The company surged 1.91% and closed its last trading session at $12.04.

Hedge funds have recently bought and sold shares of the business. Finally, Capital World Investors lifted its holdings in General Motors by 5.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 2,838 shares of the auto manufacturer's stock valued at $101,000 after acquiring an additional 860 shares during the last quarter. Bellwether Investment Group LLC purchased a new position in shares of Ford Motor during the second quarter worth approximately $109,000. Northwestern Mutual Investment Management Company LLC increased its position in shares of Ford Motor by 76.1% during the first quarter. 1832 Asset Management L.P. now owns 7,900 shares of the auto manufacturer's stock worth $100,000 after buying an additional 1,400 shares in the last quarter. Moreover, Southernsun Asset Management Llc has 1.14% invested in the company for 1.23 million shares. BlackRock Inc. now owns 78,753,259 shares of the auto manufacturer's stock worth $2,750,849,000 after buying an additional 850,211 shares during the period.

Hedge funds and other institutional investors have recently made changes to their positions in the stock.

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. However, the company's European operations would return to profitability in the fourth quarter and for the full year.

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