Junto Capital Management LP Increases Stock Position in General Motors Company $GM

Junto Capital Management LP has increased its stake in General Motors (NYSE:GM) by 33.9% in the second quarter, acquiring an additional 247,302 shares. This makes GM the firm's 26th biggest position, with a total holding worth $75.29 million. General Motors exceeded quarterly expectations with $3.57 EPS and $48.03 billion in revenue, and analysts maintain a "Moderate Buy" rating with a target price of $101.41.