Ford Motor Company (F) Shares Bought by Cambridge Investment Research Advisors Inc.
Cambridge Investment Research Advisors Inc. grew its holdings in Ford Motor Company (NYSE:F) by 7.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,208,438 shares of the auto manufacturer’s stock after acquiring an additional 80,272 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Ford Motor were worth $13,522,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also made changes to their positions in the company. Sage Capital Advisors llc purchased a new position in shares of Ford Motor in the second quarter valued at about $2,865,000. Hudock Capital Group LLC lifted its position in shares of Ford Motor by 4.5% in the second quarter. Hudock Capital Group LLC now owns 14,836 shares of the auto manufacturer’s stock valued at $166,000 after acquiring an additional 643 shares in the last quarter. Brookstone Capital Management lifted its position in shares of Ford Motor by 8.5% in the second quarter. Brookstone Capital Management now owns 519,759 shares of the auto manufacturer’s stock valued at $5,816,000 after acquiring an additional 40,522 shares in the last quarter. Capital Advantage Inc. purchased a new position in shares of Ford Motor in the second quarter valued at about $122,000. Finally, Pacer Advisors Inc. lifted its position in shares of Ford Motor by 38.5% in the second quarter. Pacer Advisors Inc. now owns 302,998 shares of the auto manufacturer’s stock valued at $3,391,000 after acquiring an additional 84,220 shares in the last quarter. Institutional investors and hedge funds own 54.35% of the company’s stock.
Ford Motor Company (NYSE:F) opened at 11.71 on Thursday. The stock’s 50 day moving average price is $11.06 and its 200-day moving average price is $11.32. The company has a market cap of $46.51 billion, a PE ratio of 12.33 and a beta of 1.12. Ford Motor Company has a 1-year low of $10.47 and a 1-year high of $13.27. Ford Motor also was the recipient of some unusual options trading activity on Monday. Traders acquired 14,678 put options on the stock. This represents an increase of approximately 104% compared to the typical volume of 7,211 put options.
Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.13. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The firm had revenue of $36.93 billion during the quarter, compared to the consensus estimate of $37.22 billion. During the same quarter last year, the firm earned $0.52 EPS. The firm’s revenue for the quarter was down .5% on a year-over-year basis. On average, analysts forecast 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 paid a dividend of $0.15 per share. The ex-dividend date was Thursday, July 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.12%. Ford Motor’s payout ratio is currently 63.16%.
F has been the topic of several research analyst reports. Vetr upgraded Ford Motor from a “buy” rating to a “strong-buy” rating and set a $12.65 price objective on the stock in a research report on Tuesday, July 25th. Zacks Investment Research downgraded Ford Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, July 10th. ValuEngine downgraded Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. Wolfe Research initiated coverage on Ford Motor in a research report on Tuesday, June 13th. They issued a “market perform” rating on the stock. Finally, BidaskClub upgraded Ford Motor from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the company. Ford Motor has an average rating of “Hold” and an average target price of $12.46.
In related news, insider James D. Farley, Jr. sold 25,000 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $11.40, for a total value of $285,000.00. Following the completion of the sale, the insider now directly owns 403,411 shares of the company’s stock, valued at $4,598,885.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP John T. Lawler sold 80,624 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total transaction of $886,864.00. Following the completion of the sale, the vice president now directly owns 10 shares of the company’s stock, valued at $110. The disclosure for this sale can be found here. In the last quarter, insiders have sold 170,624 shares of company stock valued at $1,912,964. Insiders own 1.08% of the company’s stock.
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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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