Russell Investments Group Ltd. reduced its stake in Ford Motor Company (NYSE:F) by 8.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,411,477 shares of the auto manufacturer’s stock after selling 225,706 shares during the period. Russell Investments Group Ltd.’s holdings in Ford Motor were worth $26,993,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Balentine LLC increased its stake in shares of Ford Motor by 2.6% in the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 231 shares in the last quarter. Archford Capital Strategies LLC increased its stake in shares of Ford Motor by 7.8% in the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after buying an additional 676 shares in the last quarter. Reilly Financial Advisors LLC increased its stake in shares of Ford Motor by 1.5% in the second quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after buying an additional 150 shares in the last quarter. TNB Financial acquired a new stake in shares of Ford Motor during the first quarter valued at approximately $119,000. Finally, FNY Managed Accounts LLC increased its stake in shares of Ford Motor by 0.3% in the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock valued at $120,000 after buying an additional 34 shares in the last quarter. Institutional investors own 55.23% of the company’s stock.

Shares of Ford Motor Company (NYSE F) remained flat at $10.77 on Friday. 32,300,117 shares of the stock traded hands. Ford Motor Company has a 52-week low of $10.67 and a 52-week high of $13.27. The firm has a 50 day moving average of $11.24 and a 200-day moving average of $11.60. The firm has a market cap of $42.78 billion, a price-to-earnings ratio of 11.34 and a beta of 1.11.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.13. The company had revenue of $36.93 billion during the quarter, compared to the consensus estimate of $37.22 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. Ford Motor’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.52 EPS. Equities research analysts expect that Ford Motor Company will post $1.76 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, July 24th will be issued a $0.15 dividend. The ex-dividend date is Thursday, July 20th. This represents a $0.60 dividend on an annualized basis and a yield of 5.57%. Ford Motor’s payout ratio is 63.16%.

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Several brokerages have commented on F. BidaskClub downgraded Ford Motor from a “sell” rating to a “strong sell” rating in a research note on Thursday. Instinet downgraded Ford Motor from a “buy” rating to a “neutral” rating and cut their target price for the company from $14.80 to $11.60 in a research note on Wednesday. Jefferies Group LLC reiterated a “neutral” rating on shares of Ford Motor in a research note on Monday, August 7th. Nomura downgraded Ford Motor to a “hold” rating in a research note on Saturday, August 5th. Finally, Zacks Investment Research upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $12.60.

In other Ford Motor news, VP John T. Lawler sold 80,624 shares of the stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total value of $886,864.00. Following the completion of the sale, the vice president now owns 10 shares in the company, valued at approximately $110. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider James D. Farley, Jr. sold 25,000 shares of the stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $11.16, for a total transaction of $279,000.00. Following the completion of the sale, the insider now owns 428,411 shares of the company’s stock, valued at approximately $4,781,066.76. The disclosure for this sale can be found here. 1.08% of the stock is currently owned by corporate insiders.

About Ford Motor

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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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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