Alpine Global Management LLC lowered its position in Ford Motor Company (NYSE:F) by 53.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,000 shares of the auto manufacturer’s stock after selling 11,546 shares during the period. Alpine Global Management LLC’s holdings in Ford Motor were worth $112,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of F. Balentine LLC boosted its stake in Ford Motor by 2.6% in the 1st quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock worth $106,000 after purchasing an additional 231 shares in the last quarter. Captrust Financial Advisors acquired a new stake in Ford Motor in the 2nd quarter worth approximately $106,000. Archford Capital Strategies LLC boosted its stake 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 worth $109,000 after purchasing an additional 676 shares in the last quarter. Reilly Financial Advisors LLC boosted its stake 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 worth $110,000 after purchasing an additional 150 shares in the last quarter. Finally, Kelman Lazarov Inc. acquired a new stake in Ford Motor in the 2nd quarter worth approximately $116,000. 54.33% of the stock is currently owned by hedge funds and other institutional investors.

In other Ford Motor news, VP John T. Lawler sold 80,624 shares of Ford Motor stock in a transaction dated Thursday, August 3rd. The stock was 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven R. Armstrong sold 22,076 shares of Ford Motor stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $12.37, for a total value of $273,080.12. The disclosure for this sale can be found here. In the last quarter, 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.

WARNING: This report was reported by Daily Political and is the sole property of of Daily Political. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://www.dailypolitical.com/2017/10/18/alpine-global-management-llc-has-112000-stake-in-ford-motor-company-f.html.

Shares of Ford Motor Company (F) opened at 12.27 on Wednesday. The stock’s 50 day moving average is $11.74 and its 200-day moving average is $11.30. The stock has a market cap of $48.73 billion, a price-to-earnings ratio of 12.92 and a beta of 1.12. Ford Motor Company has a 12-month low of $10.47 and a 12-month high of $13.27.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.13. The firm had revenue of $36.93 billion during the quarter, compared to analysts’ expectations of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 EPS. Equities analysts anticipate that Ford Motor Company will post $1.76 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, October 23rd will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date of this dividend is Friday, October 20th. Ford Motor’s dividend payout ratio is presently 63.16%.

A number of analysts recently commented on the stock. Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 target price for the company. in a research note on Tuesday, July 4th. Guggenheim assumed coverage on shares of Ford Motor in a research note on Wednesday, June 21st. They issued a “neutral” rating and a $13.00 target price for the company. Buckingham Research reiterated a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research note on Thursday, August 24th. Royal Bank Of Canada reiterated a “buy” rating on shares of Ford Motor in a research note on Tuesday, August 15th. Finally, FIG Partners reiterated a “hold” rating on shares of Ford Motor in a research note on Monday, October 9th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target 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.

Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:F).

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

Receive News & Ratings for Ford Motor Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor Company and related companies with MarketBeat.com's FREE daily email newsletter.