Banced Has Decreased General Mtrs Co (GM) Position By $644,470; Last Week WestRock Co (WRK) Analysts

July 11, 2017 - By Vivian Park

Among 16 analysts covering WestRock (NYSE:WRK), 10 have Buy rating, 1 Sell and 5 Hold. Therefore 63% are positive. WestRock had 37 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, August 25 by Buckingham Research. The firm has “Sector Perform” rating given on Tuesday, February 2 by RBC Capital Markets. As per Thursday, February 2, the company rating was upgraded by Wells Fargo. The stock of WestRock Co (NYSE:WRK) has “Outperform” rating given on Wednesday, April 19 by RBC Capital Markets. The firm has “Buy” rating by Deutsche Bank given on Thursday, August 13. The rating was upgraded by Longbow to “Buy” on Thursday, September 3. The stock has “Outperform” rating by RBC Capital Markets on Thursday, April 27. Citigroup maintained WestRock Co (NYSE:WRK) on Monday, June 13 with “Buy” rating. The stock of WestRock Co (NYSE:WRK) has “Neutral” rating given on Thursday, September 22 by Goldman Sachs. The stock of WestRock Co (NYSE:WRK) has “Buy” rating given on Thursday, November 19 by Deutsche Bank. See WestRock Co (NYSE:WRK) latest ratings:

29/06/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
19/06/2017 Broker: Jefferies Rating: Buy New Target: $65.0000 Maintain
15/06/2017 Broker: BMO Capital Markets Rating: Buy New Target: $62.0000 Maintain
29/05/2017 Broker: RBC Capital Markets Rating: Buy New Target: $62.0000 Maintain
27/04/2017 Broker: RBC Capital Markets Rating: Outperform Old Target: $59.00 New Target: $62.00 Maintain
26/04/2017 Broker: Deutsche Bank Rating: Buy Old Target: $58.00 New Target: $60.00 Target Up
19/04/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade
19/04/2017 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Old Target: $54.00 New Target: $59.00 Upgrade
02/02/2017 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Upgrade

Banced Corp decreased General Mtrs Co (GM) stake by 54.28% reported in 2016Q4 SEC filing. Banced Corp sold 18,955 shares as General Mtrs Co (GM)’s stock declined 12.09%. The Banced Corp holds 15,965 shares with $556,000 value, down from 34,920 last quarter. General Mtrs Co now has $53.85 billion valuation. The stock rose 0.68% or $0.24 reaching $35.43. About 1.74 million shares traded. General Motors Company (NYSE:GM) has risen 7.92% since July 11, 2016 and is uptrending. It has underperformed by 8.78% the S&P500.

WestRock Company, incorporated on March 6, 2015, is a multinational well-known provider of paper and packaging solutions for consumer and corrugated packaging markets. The company has market cap of $14.94 billion. The Firm also develops real estate in the Charleston, South Carolina region. It has a 60.53 P/E ratio. The Company’s divisions include Corrugated Packaging, Consumer Packaging, and Land and Development.

About 91,353 shares traded. WestRock Co (NYSE:WRK) has risen 40.51% since July 11, 2016 and is uptrending. It has outperformed by 23.81% the S&P500.

Among 24 analysts covering General Motors Company (NYSE:GM), 10 have Buy rating, 2 Sell and 12 Hold. Therefore 42% are positive. General Motors Company had 50 analyst reports since July 24, 2015 according to SRatingsIntel. Morgan Stanley upgraded General Motors Company (NYSE:GM) rating on Friday, May 6. Morgan Stanley has “Equal-Weight” rating and $29 target. As per Friday, June 10, the company rating was initiated by Piper Jaffray. On Friday, October 2 the stock rating was maintained by UBS with “Buy”. The stock of General Motors Company (NYSE:GM) has “Hold” rating given on Tuesday, June 13 by Wolfe Research. As per Friday, July 22, the company rating was maintained by RBC Capital Markets. The rating was maintained by Tigress Financial with “Strong-Buy” on Friday, March 31. Macquarie Research initiated it with “Outperform” rating and $44 target in Thursday, December 1 report. The firm has “Underweight” rating given on Wednesday, February 24 by Morgan Stanley. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, July 24. Jefferies initiated the shares of GM in report on Tuesday, August 9 with “Hold” rating.

Investors sentiment decreased to 1.08 in Q4 2016. Its down 0.06, from 1.14 in 2016Q3. It worsened, as 73 investors sold GM shares while 302 reduced holdings. 128 funds opened positions while 277 raised stakes. 1.06 billion shares or 1.29% more from 1.05 billion shares in 2016Q3 were reported. Pinnacle Assocs Limited invested 0.08% in General Motors Company (NYSE:GM). Bancshares Of The West invested 0.95% of its portfolio in General Motors Company (NYSE:GM). Plante Moran Advisors Limited Com has 0.48% invested in General Motors Company (NYSE:GM). Kingstown Capital Mgmt Lp has invested 7.18% in General Motors Company (NYSE:GM). Commonwealth Svcs Ltd reported 0.56% in General Motors Company (NYSE:GM). Hanson & Doremus Inv Management accumulated 42 shares. First Manhattan accumulated 3,018 shares. Mrj Cap owns 99,500 shares. Gateway Invest Advisers Ltd Liability Corp owns 109,931 shares for 0.04% of their portfolio. Moreover, Aberdeen Asset Mngmt Public Limited Com Uk has 0.07% invested in General Motors Company (NYSE:GM). 270,018 are held by Envestnet Asset Mngmt Incorporated. 2.27M were reported by Putnam Ltd Limited Liability Company. Snow Mngmt Lp owns 52,428 shares. Capstone Invest Ltd Liability Co accumulated 31,720 shares or 0.03% of the stock. Bridges Investment Management Incorporated owns 11,765 shares.

Analysts await General Motors Company (NYSE:GM) to report earnings on July, 20. They expect $1.75 EPS, down 5.91% or $0.11 from last year’s $1.86 per share. GM’s profit will be $2.66 billion for 5.06 P/E if the $1.75 EPS becomes a reality. After $1.70 actual EPS reported by General Motors Company for the previous quarter, Wall Street now forecasts 2.94% EPS growth.