Moody Lynn & Lieberson LLC Invests $215,000 in General Motors (NYSE:GM)

Moody Lynn & Lieberson LLC bought a new stake in General Motors (NYSE:GM) (TSE:GMM.U) in the fourth quarter, HoldingsChannel reports. The fund bought 4,038 shares of the auto manufacturer’s stock, valued at approximately $215,000.

A number of other large investors also recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL acquired a new stake in shares of General Motors during the 2nd quarter worth $25,000. Catalyst Capital Advisors LLC purchased a new stake in General Motors during the third quarter valued at about $27,000. Truvestments Capital LLC acquired a new stake in General Motors during the third quarter worth about $27,000. Sugar Maple Asset Management LLC acquired a new position in shares of General Motors in the 4th quarter valued at about $31,000. Finally, Eastern Bank purchased a new stake in shares of General Motors during the 3rd quarter worth about $34,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on GM shares. The Goldman Sachs Group lifted their price target on shares of General Motors from $53.00 to $61.00 and gave the company a “buy” rating in a research report on Tuesday, October 1st. Barclays upped their price target on shares of General Motors from $64.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and raised their price objective for the company from $56.00 to $60.00 in a research report on Tuesday, January 21st. Wells Fargo & Company decreased their target price on General Motors from $38.00 to $35.00 and set an “underweight” rating for the company in a research report on Monday, December 16th. Finally, JPMorgan Chase & Co. boosted their price target on General Motors from $64.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $61.17.

Insiders Place Their Bets

In related news, EVP Craig B. Glidden sold 383,142 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $56.63, for a total transaction of $21,697,331.46. Following the completion of the transaction, the executive vice president now directly owns 122,465 shares in the company, valued at $6,935,192.95. This represents a 75.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Mark L. Reuss sold 122,283 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $55.16, for a total value of $6,745,130.28. Following the completion of the sale, the president now owns 126,907 shares in the company, valued at $7,000,190.12. The trade was a 49.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 514,344 shares of company stock valued at $28,977,691. Company insiders own 0.72% of the company’s stock.

General Motors Price Performance

Shares of NYSE GM opened at $53.95 on Monday. The business has a 50 day simple moving average of $53.17 and a 200-day simple moving average of $49.87. General Motors has a twelve month low of $34.71 and a twelve month high of $61.24. The company has a market capitalization of $59.32 billion, a price-to-earnings ratio of 5.75, a price-to-earnings-growth ratio of 0.38 and a beta of 1.42. The company has a current ratio of 1.21, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24.

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.