Ford's United States sales dip 2.1 per cent in August while GM jumps

Tropical Storm Harvey

SRS Capital Advisors Inc. raised its stake in General Motors by 171.9% in the first quarter.

Ford said its overall sales slipped 2.1 percent, with significant weakness in both cars and sport utility vehicles. The dividend will be $0.150 per share for the quarter which is $0.60 annualized. WealthTrust Axiom LLC boosted its position in shares of General Motors by 7.0% in the first quarter. Geode Capital Management LLC now owns 40,887,644 shares of the auto manufacturer's stock valued at $475,306,000 after buying an additional 3,978,850 shares during the last quarter. Finally, Hollencrest Securities LLC raised its stake in Ford Motor by 39.6% in the first quarter. BlackRock Inc. now owns 229,005,290 shares of the auto manufacturer's stock valued at $2,665,619,000 after buying an additional 221,597,419 shares during the last quarter. Ford Motor Company (NYSE:F) has declined 16.63% since September 1, 2016 and is downtrending.

Ford Motor Company, launched on July 9, 1919, is a global automotive and mobility company.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 26th. Fire Group Inc reported 64,177 shares or 0.29% of all its holdings. The institutional investor held 36,395 shares of the energy company at the end of 2016Q4, valued at $1.86 million, down from 51,895 at the end of the previous reported quarter. General Motors had a net margin of 5.38% and a return on equity of 22.45%. Ford Motor's revenue was down.5% compared to the same quarter past year. Hennessy Advisors Inc. now owns 146,200 shares of the auto manufacturer's stock worth $5,170,000 after buying an additional 70,100 shares during the last quarter.

The company has mean EPS estimate of 1.39 reported by 18 number of analyst for the quarter ending Current Qtr.(Sep2017).

General Motors Company (NYSE:GM) traded up 3.2687% during mid-day trading on Friday, hitting $37.7344. Stockholders of record on Monday, July 24th will be given a dividend of $0.15 per share. A flood of upgrades could lure even more buyers to General Motors' bandwagon. Fincl Bank Hapoalim Bm holds 0.05% in Ford Motor Company (NYSE:F) or 15,981 shares. Finally, Vetr upgraded shares of General Motors to a "strong-buy" rating in a report on Friday, June 9th. Berenberg Bank set a $10.00 price objective on Ford Motor and gave the company a "sell" rating in a research report on Monday, June 12th. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. Still, just five of the 13 analysts rate GM a "buy" or better, and not one analyst suggests selling the stock. Ford Motor has an average rating of "Hold" and a consensus target price of $12.54.

In other General Motors news, Director Patricia F. Russo acquired 10,000 shares of the stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $11.16, for a total transaction of $279,000.00. Beck Management Limited Liability Company owns 12,898 shares. The acquisition was disclosed in a filing with the SEC, which is available at this link. Wellington Management Group LLP now owns 75,771,499 shares of the auto manufacturer's stock valued at $881,979,000 after buying an additional 391,692 shares during the last quarter. The disclosure for this purchase can be found here. Corporate insiders own 0.04% of the company's stock.

General Motors Company (GM) now the company's industry has 13.05 P/E and the sector P/E is 16.11.

As the No. 1 automaker in the Houston market, per IHS Markit, Ford plans to ship used cars to Houston dealers to meet the demand of thousands of residents whose cars were damaged during the storm.

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