Boston Advisors LLC Has $1,072,000 Position in Ford Motor Co. (F)
Boston Advisors LLC boosted its position in Ford Motor Co. (NYSE:F) by 3.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 85,287 shares of the auto manufacturer’s stock after buying an additional 3,124 shares during the period. Boston Advisors LLC’s holdings in Ford Motor were worth $1,072,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently modified their holdings of the company. Boston Common Asset Management LLC boosted its stake in Ford Motor by 0.3% in the second quarter. Boston Common Asset Management LLC now owns 24,972 shares of the auto manufacturer’s stock valued at $314,000 after buying an additional 65 shares in the last quarter. Barry Investment Advisors LLC boosted its stake in Ford Motor by 0.7% in the second quarter. Barry Investment Advisors LLC now owns 14,217 shares of the auto manufacturer’s stock valued at $179,000 after buying an additional 95 shares in the last quarter. Cypress Asset Management Inc. TX boosted its stake in Ford Motor by 0.7% in the second quarter. Cypress Asset Management Inc. TX now owns 13,550 shares of the auto manufacturer’s stock valued at $170,000 after buying an additional 100 shares in the last quarter. Washington Trust Bank boosted its stake in Ford Motor by 1.0% in the second quarter. Washington Trust Bank now owns 20,661 shares of the auto manufacturer’s stock valued at $260,000 after buying an additional 200 shares in the last quarter. Finally, Adirondack Trust Co. boosted its stake in Ford Motor by 1.3% in the second quarter. Adirondack Trust Co. now owns 16,035 shares of the auto manufacturer’s stock valued at $202,000 after buying an additional 200 shares in the last quarter. 56.06% of the stock is owned by institutional investors and hedge funds.
Ford Motor Co. (NYSE:F) traded up 0.25% during midday trading on Monday, reaching $12.10. The company had a trading volume of 20,683,081 shares. The firm has a 50-day moving average price of $12.32 and a 200-day moving average price of $12.93. Ford Motor Co. has a 52 week low of $11.02 and a 52 week high of $15.84. The company has a market capitalization of $48.08 billion, a price-to-earnings ratio of 5.71 and a beta of 1.27.
Ford Motor (NYSE:F) last released its quarterly earnings results on Thursday, July 28th. The auto manufacturer reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.60 by $0.08. The firm had revenue of $39.50 million for the quarter, compared to the consensus estimate of $36.29 billion. Ford Motor had a net margin of 5.35% and a return on equity of 30.49%. Ford Motor’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 earnings per share. Analysts expect that Ford Motor Co. will post $1.82 EPS for the current fiscal year.
Several research firms recently commented on F. Jefferies Group reaffirmed a “sell” rating on shares of Ford Motor in a research note on Sunday, September 4th. Tigress Financial reiterated a “buy” rating on shares of Ford Motor in a report on Tuesday, June 21st. Vetr lowered Ford Motor from a “hold” rating to a “sell” rating and set a $13.46 price target on the stock. in a report on Thursday, July 21st. Barclays PLC reiterated an “equal weight” rating and issued a $12.00 price target (down previously from $13.00) on shares of Ford Motor in a report on Tuesday, August 2nd. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $14.00 price target on shares of Ford Motor in a report on Wednesday, August 17th. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Ford Motor currently has an average rating of “Hold” and a consensus target price of $14.07.
In other news, Director John C. Lechleiter purchased 5,000 shares of the stock in a transaction dated Monday, August 8th. The shares were purchased at an average cost of $12.26 per share, with a total value of $61,300.00. Following the acquisition, the director now directly owns 25,000 shares of the company’s stock, valued at $306,500. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.10% of the company’s stock.
About Ford Motor
Ford Motor Company (Ford) is a global automotive and mobility company. The Company’s principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. The Company operates in two sectors: Automotive and Financial Services.
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