Staley Capital Advisers Inc buys $35,260,282 stake in General Motors Company (GM)

General Motors Company (GM) : Staley Capital Advisers Inc scooped up 166,596 additional shares in General Motors Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 1,138,898 shares of General Motors Company which is valued at $35,260,282.General Motors Company makes up approximately 3.79% of Staley Capital Advisers Inc’s portfolio.

Other Hedge Funds, Including , Bryn Mawr Trust Co boosted its stake in GM in the latest quarter, The investment management firm added 250 additional shares and now holds a total of 6,779 shares of General Motors Company which is valued at $209,878. General Motors Company makes up approx 0.01% of Bryn Mawr Trust Co’s portfolio.Cadence Capital Management boosted its stake in GM in the latest quarter, The investment management firm added 21,952 additional shares and now holds a total of 392,328 shares of General Motors Company which is valued at $12,146,475. General Motors Company makes up approx 0.85% of Cadence Capital Management’s portfolio.New Jersey Better Educational Savings Trust boosted its stake in GM in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 13,000 shares of General Motors Company which is valued at $413,400. General Motors Company makes up approx 0.28% of New Jersey Better Educational Savings Trust’s portfolio.Candriam Luxembourg S.c.a. boosted its stake in GM in the latest quarter, The investment management firm added 342,153 additional shares and now holds a total of 369,654 shares of General Motors Company which is valued at $11,754,997. General Motors Company makes up approx 0.29% of Candriam Luxembourg S.c.a.’s portfolio.New York State Teachers Retirement System boosted its stake in GM in the latest quarter, The investment management firm added 8,738 additional shares and now holds a total of 2,702,028 shares of General Motors Company which is valued at $86,951,261. General Motors Company makes up approx 0.23% of New York State Teachers Retirement System’s portfolio.

General Motors Company opened for trading at $30.9 and hit $31.365 on the upside on Tuesday, eventually ending the session at $31.35, with a gain of 1.85% or 0.57 points. The heightened volatility saw the trading volume jump to 91,85,370 shares. Company has a market cap of $48,274 M.

On the company’s financial health, General Motors Company reported $1.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.26 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $1.00. The company had revenue of $37300.00 million for the quarter, compared to analysts expectations of $34546.85 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 EPS.

Many Wall Street Analysts have commented on General Motors Company. Company shares were Upgraded by Morgan Stanley on May 6, 2016 to ” Equal-Weight”, Firm has raised the Price Target to $ 29 from a previous price target of $28 .Company shares were Reiterated by RBC Capital Mkts on Apr 22, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 34 from a previous price target of $30 .General Motors Company was Downgraded by Argus to ” Hold” on Feb 29, 2016.

General Motors Company (General Motors) designs builds and sells cars trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company Inc. (GM Financial). The Company’s four automotive segments include GM North America (GMNA) GM Europe (GME) GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers including daily rental car companies commercial fleet customers leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline E85 ethanol or any combination of the two.

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