Gotham Asset Management LLC cut its holdings in shares of Ford Motor Company (NYSE:F) by 45.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 685,998 shares of the auto manufacturer’s stock after selling 572,479 shares during the period. Gotham Asset Management LLC’s holdings in Ford Motor were worth $7,676,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Balentine LLC grew its position in 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 buying an additional 231 shares during the last quarter. Captrust Financial Advisors purchased a new position in Ford Motor in the 2nd quarter valued at $106,000. Archford Capital Strategies LLC grew its position in 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 buying an additional 676 shares during the last quarter. Reilly Financial Advisors LLC grew its position in 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 buying an additional 150 shares during the last quarter. Finally, Kelman Lazarov Inc. purchased a new position in Ford Motor in the 2nd quarter valued at $116,000. Institutional investors and hedge funds own 54.33% of the company’s stock.

Ford Motor Company (F) opened at 12.05 on Monday. Ford Motor Company has a 52 week low of $10.47 and a 52 week high of $13.27. The firm has a market cap of $47.86 billion, a P/E ratio of 12.68 and a beta of 1.12. The company has a 50-day moving average of $11.74 and a 200 day moving average of $11.30.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, beating the 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 business had revenue of $36.93 billion during the quarter, compared to the consensus estimate of $37.22 billion. During the same period in the prior year, the business posted $0.52 earnings per share. Ford Motor’s revenue was down .5% compared to the same quarter last year. On average, equities analysts predict that Ford Motor Company will post $1.75 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, October 23rd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.98%. The ex-dividend date of this dividend is Friday, October 20th. Ford Motor’s dividend payout ratio is 63.16%.

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In other news, insider Joseph R. Hinrichs sold 40,000 shares of the company’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $11.34, for a total transaction of $453,600.00. Following the completion of the sale, the insider now directly owns 532,435 shares of the company’s stock, valued at $6,037,812.90. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP John T. Lawler sold 80,624 shares of the company’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total value of $886,864.00. Following 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. Over the last ninety days, insiders have sold 217,700 shares of company stock valued at $2,486,044. 1.08% of the stock is currently owned by company insiders.

A number of research firms recently weighed in on F. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $13.00 price objective on shares of Ford Motor in a research report on Monday. Vetr lowered shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 price objective on the stock. in a research report on Tuesday, July 4th. Guggenheim began coverage on shares of Ford Motor in a research report on Wednesday, June 21st. They issued a “neutral” rating and a $13.00 price objective on the stock. Buckingham Research reiterated a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a research report on Thursday, August 24th. Finally, FIG Partners reiterated a “hold” rating on shares of Ford Motor in a research report on Monday, October 9th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $12.44.

Ford Motor 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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