General Motors (NYSE:GM) (TSE:GMM.U) shares gapped down before the market opened on Monday . The stock had previously closed at $39.75, but opened at $38.86. General Motors shares last traded at $37.21, with a volume of 15,377,920 shares trading hands.

GM has been the topic of a number of recent analyst reports. Evercore ISI set a $50.00 price target on General Motors and gave the company a “buy” rating in a report on Wednesday, August 7th. Citigroup lifted their price target on General Motors from $67.00 to $68.00 and gave the company a “buy” rating in a report on Friday, August 2nd. ValuEngine cut General Motors from a “hold” rating to a “sell” rating in a report on Thursday, August 15th. Morgan Stanley set a $46.00 price target on General Motors and gave the company a “buy” rating in a report on Monday, August 12th. Finally, Nomura set a $38.00 price target on General Motors and gave the company a “hold” rating in a report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $46.58.

The company has a quick ratio of 0.83, a current ratio of 0.96 and a debt-to-equity ratio of 1.56. The firm has a market cap of $55.78 billion, a price-to-earnings ratio of 5.69, a price-to-earnings-growth ratio of 0.65 and a beta of 1.42. The stock’s 50 day moving average is $38.30 and its 200 day moving average is $37.99.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Thursday, August 1st. The auto manufacturer reported $1.64 EPS for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.21. General Motors had a net margin of 6.31% and a return on equity of 21.08%. The business had revenue of $36.06 billion for the quarter, compared to analyst estimates of $36.03 billion. During the same quarter last year, the business earned $1.81 earnings per share. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. Analysts anticipate that General Motors will post 6.8 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Investors of record on Friday, September 6th will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.08%. General Motors’s dividend payout ratio is presently 23.24%.

In other General Motors news, EVP Matthew Tsien sold 16,933 shares of General Motors stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $39.50, for a total value of $668,853.50. Following the transaction, the executive vice president now owns 18,533 shares in the company, valued at $732,053.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, President Mark L. Reuss sold 275,944 shares of General Motors stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $40.03, for a total transaction of $11,046,038.32. Following the completion of the transaction, the president now owns 479,413 shares in the company, valued at approximately $19,190,902.39. The disclosure for this sale can be found here. Insiders have sold 375,944 shares of company stock worth $14,996,038 in the last quarter. Company insiders own 0.51% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in General Motors by 0.7% in the second quarter. Vanguard Group Inc. now owns 102,571,908 shares of the auto manufacturer’s stock worth $3,952,096,000 after buying an additional 717,703 shares during the last quarter. BlackRock Inc. grew its position in General Motors by 6.7% during the 1st quarter. BlackRock Inc. now owns 83,427,385 shares of the auto manufacturer’s stock worth $3,095,158,000 after purchasing an additional 5,215,771 shares in the last quarter. Geode Capital Management LLC grew its position in General Motors by 8.1% during the 4th quarter. Geode Capital Management LLC now owns 16,309,521 shares of the auto manufacturer’s stock worth $544,715,000 after purchasing an additional 1,217,986 shares in the last quarter. Northern Trust Corp grew its position in General Motors by 1.3% during the 2nd quarter. Northern Trust Corp now owns 14,406,653 shares of the auto manufacturer’s stock worth $555,088,000 after purchasing an additional 184,349 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in General Motors by 0.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 13,977,174 shares of the auto manufacturer’s stock worth $538,539,000 after purchasing an additional 99,948 shares in the last quarter. Hedge funds and other institutional investors own 76.80% of the company’s stock.

General Motors Company Profile (NYSE:GM)

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM International, GM Cruise, and GM Financial. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, Jiefang, and Wuling brand names.

Recommended Story: Stock Symbol

Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.