Andra AP fonden cut its holdings in shares of Ford Motor Company (NYSE:F) by 21.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 158,100 shares of the auto manufacturer’s stock after selling 42,600 shares during the period. Andra AP fonden’s holdings in Ford Motor were worth $1,769,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in F. Balentine LLC lifted its position in shares of Ford Motor by 2.6% in the 1st quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after acquiring an additional 231 shares in the last quarter. Archford Capital Strategies LLC lifted its position in shares of Ford Motor by 7.8% in the 1st quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after acquiring an additional 676 shares in the last quarter. Reilly Financial Advisors LLC lifted its position in shares of Ford Motor by 1.5% in the 2nd quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after acquiring an additional 150 shares in the last quarter. Kelman Lazarov Inc. purchased a new stake in shares of Ford Motor in the 2nd quarter valued at approximately $116,000. Finally, GWM Advisors LLC purchased a new stake in shares of Ford Motor in the 1st quarter valued at approximately $117,000. 54.35% of the stock is owned by institutional investors and hedge funds.

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Several brokerages recently commented on F. BidaskClub downgraded shares of Ford Motor from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. Nomura restated a “neutral” rating and issued a $11.60 price target (down previously from $14.00) on shares of Ford Motor in a research report on Friday, August 4th. Jefferies Group LLC restated a “hold” rating and issued a $12.00 price target on shares of Ford Motor in a research report on Sunday, September 10th. Instinet downgraded shares of Ford Motor from a “buy” rating to a “neutral” rating and reduced their price target for the company from $14.80 to $11.60 in a research report on Wednesday, August 9th. Finally, Berenberg Bank set a $10.00 price target on shares of Ford Motor and gave the company a “sell” rating in a research report on Monday, June 12th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $12.46.

Ford Motor Company (NYSE F) opened at 11.63 on Tuesday. The firm has a market capitalization of $46.19 billion, a price-to-earnings ratio of 12.24 and a beta of 1.12. The company has a 50-day moving average of $11.04 and a 200-day moving average of $11.32. Ford Motor Company has a 1-year low of $10.47 and a 1-year high of $13.27.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.13. The business had revenue of $36.93 billion for the quarter, compared to analyst estimates of $37.22 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The firm’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.52 earnings per share. On average, equities analysts predict that Ford Motor Company will post $1.75 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Monday, July 24th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, July 20th. This represents a $0.60 dividend on an annualized basis and a yield of 5.16%. Ford Motor’s payout ratio is 63.16%.

In related news, insider Hau N. Thai-Tang sold 25,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $11.50, for a total transaction of $287,500.00. Following the transaction, the insider now directly owns 76,358 shares in the company, valued at $878,117. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 transaction of $886,864.00. Following the transaction, the vice president now owns 10 shares in the company, valued at $110. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 170,624 shares of company stock worth $1,912,964. 1.08% of the stock is owned by corporate insiders.

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.

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

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