Mutual of Omaha Bank Wealth Management Has $1,284,000 Position in Ford Motor Company (F)
Mutual of Omaha Bank Wealth Management continued to hold its stake in shares of Ford Motor Company (NYSE:F) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,810 shares of the auto manufacturer’s stock at the end of the second quarter. Mutual of Omaha Bank Wealth Management’s holdings in Ford Motor were worth $1,284,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Ford Motor by 2.3% in the first quarter. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer’s stock valued at $3,048,866,000 after buying an additional 6,013,577 shares during the last quarter. BlackRock Inc. boosted its position in shares of Ford Motor by 2,991.4% in the first quarter. BlackRock Inc. now owns 229,005,290 shares of the auto manufacturer’s stock valued at $2,665,619,000 after buying an additional 221,597,419 shares during the last quarter. State Street Corp boosted its position in shares of Ford Motor by 2.5% in the first quarter. State Street Corp now owns 162,887,426 shares of the auto manufacturer’s stock valued at $1,896,009,000 after buying an additional 3,999,705 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Ford Motor by 0.5% in the first quarter. Wellington Management Group LLP now owns 75,771,499 shares of the auto manufacturer’s stock valued at $881,979,000 after buying an additional 391,692 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Ford Motor by 10.8% in the first quarter. Geode Capital Management LLC now owns 40,887,644 shares of the auto manufacturer’s stock valued at $475,306,000 after buying an additional 3,978,850 shares during the last quarter. 55.23% of the stock is currently owned by institutional investors.
Shares of Ford Motor Company (F) traded up 0.046% during trading on Friday, reaching $10.775. The company had a trading volume of 14,829,631 shares. Ford Motor Company has a 52-week low of $10.67 and a 52-week high of $13.27. The company has a market capitalization of $42.80 billion, a P/E ratio of 11.342 and a beta of 1.11. The firm has a 50-day moving average price of $11.25 and a 200-day moving average price of $11.61. Ford Motor also saw unusually large options trading on Tuesday. Investors purchased 16,478 put options on the company. This represents an increase of approximately 112% compared to the average daily volume of 7,783 put options.
Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company had revenue of $36.93 billion during the quarter, compared to analyst estimates of $37.22 billion. During the same quarter in the previous year, the firm posted $0.52 EPS. The firm’s quarterly revenue was down .5% on a year-over-year basis. On average, analysts predict that Ford Motor Company will post $1.76 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, July 24th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, July 20th. This represents a $0.60 dividend on an annualized basis and a yield of 5.57%. Ford Motor’s dividend payout ratio (DPR) is presently 63.16%.
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Several research analysts have recently weighed in on the stock. Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 price target on the stock. in a research report on Tuesday, July 4th. BidaskClub raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Nomura reissued a “buy” rating and set a $14.80 price target on shares of Ford Motor in a research report on Tuesday, May 2nd. Zacks Investment Research raised shares of Ford Motor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 24th. Finally, Wolfe Research assumed coverage on shares of Ford Motor in a research report on Tuesday, June 13th. They set a “market perform” rating on the stock. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $12.60.
In other news, VP John T. Lawler sold 80,624 shares of the business’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total value of $886,864.00. Following the sale, the vice president now owns 10 shares of the company’s stock, valued at approximately $110. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James D. Farley, Jr. sold 25,000 shares of the business’s stock in a transaction on Monday, June 12th. The stock was sold at an average price of $11.16, for a total value of $279,000.00. Following the completion of the sale, the insider now directly owns 428,411 shares in the company, valued at approximately $4,781,066.76. The disclosure for this sale can be found here. Insiders own 1.08% of the company’s stock.
Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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