How much of General Motors stock is owned by insiders?
Only 0.40% of the stock of General Motors is held by insiders. 80.14% of the stock of General Motors is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for General Motors are expected to grow by 2.85% in the coming year, from $6.67 to $6.86 per share.
What is the ticker symbol for General Motors?
General Motors trades on the New York Stock Exchange (NYSE) under the ticker symbol "GM." Who are General Motors' major shareholders? General Motors' stock is owned by a variety of institutional and retail investors.
How much is a GM stock worth?
One share of GM stock can currently be purchased for approximately $51.97. How much money does General Motors make? General Motors has a market capitalization of $75.45 billion and generates $122.49 billion in revenue each year. The auto manufacturer earns $6.43 billion in net income (profit) each year or $7.48 on an earnings per share basis.
How many shares of GM does Dan Ammann own?
Per a February 15, 2018 filing with the SEC, Ammann holds 195,228 shares of General Motors, making him the company's third-largest individual shareholder. Ammann holds a bachelor's degree in Management Studies in Economics and Finance from the University of Waikato.
Who is the majority stockholder of GM?
Barra holds extensive experience in engineering and global product development. As of her most recent filing with the SEC on February 15th, 2018, Mary Barra is General Motors's largest individual shareholder, holding a grand total of 520,608 shares of GM.
How much GM stock Does the government own?
U.S. taxpayers no longer own any of automaker General Motors. The Treasury sold the last of its remaining 31.1 million GM shares today. It started with 500 million shares in 2010. The taxpayer loss on the GM bailout is $10.5 billion.
How much GM stock does the UAW own?
As contracted back in 2009, to hold a position on the General Motors Board, the trust was not to give up more than 50 percent of its 265 million shares, or 17.5% of the company – making it GM's largest shareholder.
How much of GM did Dupont own?
On this day in 1957, the U.S. Supreme Court ordered E.I. du Pont de Nemours and Co., a major chemical company, to divest itself of its 23 percent stock holding in General Motors Co.
How much does GM owe the government 2021?
In total, GM received $52 billion from the U.S. government, but only $6.7 billion of this amount was considered a loan. The company already paid back $2 billion, so this $4.7 billion is the last payment. This doesn't mean that “Government Motors” is no more.
How much of GM is owned by China?
(50%)SAIC-GMTypeJoint VentureHeadquartersShanghai , ChinaArea servedChinaProductsAutomobilesOwnerSAIC Motor (50%) General Motors (50%)4 more rows
How many shares of GM stock are there?
1.46BShare StatisticsAvg Vol (3 month) 317.57MShares Outstanding 51.46BImplied Shares Outstanding 6N/AFloat 81.39B% Held by Insiders 14.93%7 more rows
Who are General Motors stakeholders?
Employees (highest-priority stakeholders) Customers. Communities. Suppliers.
How many companies does GM own?
General Motors owns Buick, Cadillac, Chevrolet, and GMC. Hummer has returned as a GMC sub-brand.
Does DuPont still own part of General Motors?
du Pont de Nemours & Co., Inc., and the General Motors Corporation that go back 47 years will soon be finally cut. Directors of du Pont authorized yesterday the distribution of the remaining 23 million General Motors shares held by the company to du Pont stockholders on Jan.
Are the Duponts still rich?
As of 2016, the family fortune was estimated at $14.3 billion, spread across more than 3,500 living relatives....du Pont family.Du PontCurrent regionDelaware and Pennsylvania, U.S.Earlier spellingsdu Pont de NemoursEtymologyDu Pont, "Of the bridge"Place of originFrance6 more rows
Who owns Chevrolet now?
General MotorsChevrolet / Parent organizationGeneral Motors owns and operates a plethora of automobile brands across the globe. These brands include Chevrolet, Buick, GMC, Cadillac, and Hummer. 7 GM, similar to Ford, has divested or discontinued several brands, including the following: Oldsmobile (discontinued in 2004)
Did the US government make money on GM bailout?
The U.S. government lost $11.2 billion on its bailout of General Motors, according to a 2014 government report. The government invested about $50 billion to bail out GM as a result of the company's 2009 bankruptcy, and at one time held a 61 percent equity stake in the Detroit-based automaker.
Is GMC and GM the same company?
General Motors (GM) owns GMC (General Motors Truck Company). GM is an American auto manufacturer known for its heavy-duty pickup trucks and sport utility vehicles, such as the GMC Sierra and Chevrolet Silverado. GMC is one of GM's many subsidiaries, which includes Chevrolet, Buick, Cadillac, and more.
What's good for General Motors is good for the US?
In 1953, Charles E. Wilson, then the president of General Motors, famously told a congressional committee that “what was good for our country was good for General Motors, and vice versa.” A version of that soft industrial nationalism has been Donald Trump's core political philosophy.
How much of General Motors does the public own?
Is General Motors owned by hedge funds?
With a 15% ownership, the general public have some degree of sway over General Motors. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. It appears to us that public companies own 5.6% of General Motors.
What other stocks do shareholders of General Motors own?
General Motors is not owned by hedge funds. Capital Research and Management Company is currently the largest shareholder, with 11% of shares outstanding. For context, the second largest shareholder holds about 7.4% of the shares outstanding, followed by an ownership of 6.6% by the third-largest shareholder.
What is General Motors' stock price today?
Based on aggregate information from My MarketBeat watchlists, some companies that other General Motors investors own include Ford Motor (F), AT&T (T), Bank of America (BAC), General Electric (GE), Intel (INTC), Walt Disney (DIS), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA) and Verizon Communications (VZ).
What guidance has General Motors issued on next quarter's earnings?
One share of GM stock can currently be purchased for approximately $46.38.
Where are General Motors' headquarters?
General Motors updated its FY 2022 earnings guidance on Monday, February, 21st. The company provided EPS guidance of $6.250-$7.250 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.920. The company issued revenue guidance of -.
What is the peg ratio of General Motors?
General Motors is headquartered at 300 Renaissance Center, Detroit MI, 48265.
What is GM company?
General Motors has a PEG Ratio of 0.97. PEG Ratios around 1 indicate that a company is correctly valued.
Does General Motors pay dividends?
General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts 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, Holden, Baojun, and Wuling brand names. The company also sells trucks, crossovers, and cars to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers safety and security services for retail and fleet customers, including automatic crash response, emergency services, roadside assistance, crisis assist, stolen vehicle assistance, and turn-by-turn navigation, as well as connected services comprising mobile applications for owners to remotely control their vehicles and electric vehicle owners to locate charging stations, on-demand vehicle diagnostics, smart driver, marketplace in-vehicle commerce, connected navigation, SiriusXM with 360L, and 4G LTE wireless connectivity. Further, the company provides automotive financing services; and operates an online store. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan.
Who is the largest shareholder in GM?
General Motors does not currently pay a dividend.
How many shares does Ammann own?
Barra has since won a number of industry recognition awards, which include being named one of the 100 leading women in the North American auto industry. 7 According to GM's most recent filing with the SEC on April 30, 2021, she is the company's largest individual shareholder with 2,753,251 shares of General Motors. 8 Barra holds a Bachelor of Science in Electrical Engineering and a Master of Business Administration (MBA). 7
Why is Barra important to General Motors?
Per a February 15, 2018 filing with the SEC, Ammann holds 195,228 shares of General Motors, making him the company's third-largest individual shareholder. Ammann holds a bachelor's degree in Management Studies in Economics and Finance from the University of Waikato.
When did General Motors file for bankruptcy?
At the time, Barra was seen as a perfect fit to take the company forward and advise the company’s board due to her extensive experience in engineering and global product development, one of General Motors' most critical business areas. 1. Barra has since won a number of industry recognition awards, which include being named one ...
When was GM formed?
General Motors filed for bankruptcy in 2009 amid the financial crisis and became largely owned by the U.S. Government. When this happened, it was delisted from the Dow Jones Industrial Average (DJIA) and old GM shares were retired. In 2010, General Motors relaunched with an initial public offering (IPO) of new GM stocks.
Who is the current president of General Motors?
GM additionally offers consumers automotive financial services. General Motors has an interesting stock history. The company was fully formed in 1908 after many mergers and reincorporated in 1916, however, that company is no longer the same.
Who is the second largest shareholder in General Motors?
Dan Ammann is the current president of General Motors and has been in the role since January 2014. Before his role as president, he was the company’s chief financial officer and executive vice president between 2011 and 2014.
How many factories does GM have to close?
Reuss is the second-largest individual shareholder of General Motors as of a February 15, 2018 filing with the SEC. He owns 203,934 shares of the company. 4 . Reuss joined the company as an intern in 1983, when he was studying at Vanderbilt University to be a mechanical engineer. He later got his MBA from Duke University. 5 .
Why is General Motors trying to overhaul its business?
Local union leaders said the 14 factories that GM intends to close were not identified in the agreement or by UAW international officials. Those are part of GM's restructuring plan to be submitted to the government by the company's June 1 deadline, said one of the officials, who spoke on condition of anonymity because the details of the meeting have not been presented to union members.
Who owns Delphi steering?
General Motors has been trying to overhaul its business so it can keep receiving federal money to stay afloat as it deals with soaring costs and slumping sales. On Friday, the Detroit automaker borrowed $4 billion more from the federal government on top of the $15.4 billion it has already received.
Does Ford have a union agreement with GM?
GM will take ownership of Delphi Saginaw Steering in Saginaw, Mich.; Delphi Thermal Systems in Lockport, N.Y.; Delphi Powertrain in Rochester, N.Y.; Delphi Powertrain Systems facilities in Rochester, N.Y., and Grand Rapids, Mich.; and Delphi Electronics and Safety in Kokomo, Ind.
What percentage of GM stock would the government get?
Ford already has reached a deal with the union to cut labor costs, but GM's agreement has far steeper cuts. Ford officials have said they will seek further changes so that its deal with the union is similar to GM's agreement.
When did the UAW become a major creditor to GM?
That was the restructuring plan that GM outlined Monday. Under the plan, the government would get half or more of GM's stock and the United Auto Workers as much as 39 percent. Bondholders - who now hold more than $27 billion in GM's debt - would get a 10 percent stake in the company. Current shareholders would be left with about 1 percent.
How many GM plants will close in 2012?
The UAW became a major creditor to GM in 2007 when it agreed to take over retiree health care benefits for the company. GM never funded the trust that was supposed to cover those payments. Union leaders countered that its members have already made many sacrifices in recent years.
Was the 10 percent offer reasonable?
-- GM said it will tell workers which plants will be closed in the next few weeks. The company plans to run 31 plants by the end of 2012, down from 47 plants today. About 21,000 workers will lose their jobs as those plants close.
Is GM closing its dealerships?
The group said the 10 percent offer was "neither reasonable nor adequate.". The group was especially unhappy with how much ownership the UAW was to receive, saying that group was not being asked to make the same sacrifices. The UAW became a major creditor to GM in 2007 when it agreed to take over retiree health care benefits for the company.
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Dealers -- GM plans to close about 42 percent of its dealerships, going to 3,605 by the end of next year from 6, 246 today. The company plans to tell dealerships within the next few weeks which ones will survive. The company declined to say how it would accomplish this given that dealerships are private businesses, not part of GM.
Will the Treasury take half of GM stock?
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Why did Ashton leave GM?
-- The Treasury Department would take at least half of GM's stock if other stakeholders approve the latest deal. The government could sell those shares to recoup its loans to GM or it could hold the stock, hoping shares would rise in value if GM returns to profitability.
What happened to the UAW trust?
Ashton also resigned amid a separate internal investigation GM launched this fall after learning of the widening federal investigation. His departure came six weeks after The Detroit News reported that he had drawn the scrutiny of federal agents looking into potential corruption at UAW joint training centers funded by all three automakers.
Is the UAW trust still GM?
The UAW trust lost its representative on GM’s board in December when Ash ton abruptly resigned. It wouldn’t be able to nominate a replacement until the automaker’s annual shareholders’ meeting in June, at which time issues of governance would be addressed, a GM spokesman said.
Can UAW trusts nominate board members?
The UAW Retiree Medical Benefits Trust is still likely GM’s largest stakeholder with a remaining 100.15 million shares. But that might fall below the threshold detailed in the 2009 stockholder’s agreement between GM, the UAW trust and the U.S. Treasury that guarantees the trust representation on the board.
Does GM sell UAW shares?
As a large shareholder , the UAW trust still is empowered to nominate someone for the board in June. At issue with the stock sale is whether that board seat would be guaranteed.
What is the market share of General Motors?
The UAW retiree trust will receive all of the proceeds from this offering, and none of the shares are being sold by GM, according to the automaker’s Tuesday statement. GM plans to repurchase a portion of the 40 million shares the trust is selling, valuing about $100 million as the price per share at the time of the offering. Based on GM’s closing listed in the SEC filing, that would amount to about 2.5 million shares.
What are the different grades for stocks?
One of the world’s largest automakers, General Motors leads the U.S. market share with 17.1% of the industry’s total sales in 2020. Headquartered in Detroit, the auto giant has had a long and checkered history. Founded in 1908, the company rose to dominate the U.S. industry; however hit by the financial crisis, General Motors filed for bankruptcy on Jun 1, 2009. Just within 40 days, the firm emerged from bankruptcy. In 2010, the company launched its IPO – the biggest in U.S. history at that time – and has been steadily profitable since then. From going ...
What is an X industry?
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
How many X is Zacks?
The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. The Zacks database contains over 10,000 stocks.
How many sectors are there in Zacks?
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.