Ausdal Financial Partners Inc. Acquires 3,464 Shares of Ford Motor Co. (F)
Ausdal Financial Partners Inc. raised its position in Ford Motor Co. (NYSE:F) by 11.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,493 shares of the auto manufacturer’s stock after buying an additional 3,464 shares during the period. Ausdal Financial Partners Inc.’s holdings in Ford Motor were worth $421,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of F. Credit Agricole S A raised its stake in Ford Motor by 23.0% in the first quarter. Credit Agricole S A now owns 3,741,724 shares of the auto manufacturer’s stock valued at $50,512,000 after buying an additional 700,551 shares during the period. Canada Pension Plan Investment Board raised its stake in Ford Motor by 35.9% in the first quarter. Canada Pension Plan Investment Board now owns 2,505,265 shares of the auto manufacturer’s stock valued at $33,821,000 after buying an additional 661,560 shares during the period. Pegasus Partners Ltd. purchased a new stake in Ford Motor during the first quarter valued at about $365,000. State Street Corp raised its stake in Ford Motor by 0.9% in the first quarter. State Street Corp now owns 153,679,968 shares of the auto manufacturer’s stock valued at $2,074,690,000 after buying an additional 1,431,699 shares during the period. Finally, Meeder Asset Management Inc. purchased a new stake in Ford Motor during the first quarter valued at about $2,745,000. 56.06% of the stock is owned by institutional investors and hedge funds.
Ford Motor Co. (NYSE:F) traded down 0.08% during mid-day trading on Monday, hitting $11.90. 9,526,470 shares of the stock traded hands. The stock has a market cap of $47.28 billion, a PE ratio of 5.61 and a beta of 1.27. The company has a 50 day moving average of $12.25 and a 200-day moving average of $12.86. Ford Motor Co. has a 12-month low of $11.02 and a 12-month high of $15.84.
Ford Motor (NYSE:F) last announced its earnings results on Thursday, July 28th. The auto manufacturer reported $0.52 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by $0.08. Ford Motor had a net margin of 5.35% and a return on equity of 30.49%. The business earned $39.50 million during the quarter, compared to analyst estimates of $36.29 billion. During the same period in the previous year, the company earned $0.47 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. Equities research analysts forecast that Ford Motor Co. will post $1.82 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.04%. The ex-dividend date of this dividend is Tuesday, October 25th. Ford Motor’s dividend payout ratio is currently 29.27%.
Several equities research analysts have recently issued reports on the stock. Jefferies Group restated a “sell” rating on shares of Ford Motor in a report on Sunday, September 4th. Barclays PLC restated an “equal weight” rating and issued a $13.00 target price (down previously from $14.00) on shares of Ford Motor in a report on Tuesday, July 19th. Nomura began coverage on shares of Ford Motor in a report on Tuesday, September 20th. They issued a “buy” rating and a $14.00 target price for the company. Credit Agricole SA decreased their price objective on shares of Ford Motor from $15.00 to $13.00 and set an “outperform” rating for the company in a report on Friday, July 29th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $13.00 price objective on shares of Ford Motor in a report on Friday, September 16th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $14.06.
In related news, Director John C. Lechleiter acquired 5,000 shares of the stock in a transaction that occurred on Monday, August 8th. The stock was purchased at an average cost of $12.26 per share, for a total transaction of $61,300.00. Following the purchase, the director now directly owns 25,000 shares in the company, valued at $306,500. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Sankar S. Nair sold 82,000 shares of the company’s stock in a transaction on Tuesday, October 4th. The stock was sold at an average price of $12.11, for a total value of $993,020.00. Following the transaction, the insider now owns 32,969 shares of the company’s stock, valued at $399,254.59. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.
Ford Motor Company Profile
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.
Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Co. (NYSE:F).
Receive News & Ratings for Ford Motor Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor Co. and related companies with MarketBeat.com's FREE daily email newsletter.