Ford Motor Company (F) Holdings Reduced by Advisory Services Network LLC
Advisory Services Network LLC lowered its holdings in Ford Motor Company (NYSE:F) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 66,095 shares of the auto manufacturer’s stock after selling 2,597 shares during the quarter. Advisory Services Network LLC’s holdings in Ford Motor were worth $740,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Balentine LLC boosted its stake in Ford Motor by 2.6% in the first 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 position in Ford Motor in the second quarter worth $106,000. Archford Capital Strategies LLC boosted its stake in Ford Motor by 7.8% in the first 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 second 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 position in Ford Motor in the second quarter worth $116,000. 54.33% of the stock is currently owned by institutional investors.
In other Ford Motor news, VP John T. Lawler sold 80,624 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president now directly owns 10 shares of the company’s stock, valued at approximately $110. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Steven R. Armstrong sold 22,076 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The stock was 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. Insiders sold a total of 217,700 shares of company stock valued at $2,486,044 over the last ninety days. 1.08% of the stock is currently owned by corporate insiders.
Ford Motor Company (NYSE:F) traded down 0.41% on Friday, hitting $12.03. The stock had a trading volume of 4,367,375 shares. The company has a 50-day moving average price of $11.87 and a 200-day moving average price of $11.32. Ford Motor Company has a 52 week low of $10.47 and a 52 week high of $13.27. The stock has a market capitalization of $47.78 billion, a price-to-earnings ratio of 12.66 and a beta of 1.12.
Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $37.22 billion. During the same period in the previous year, the company posted $0.52 EPS. The firm’s revenue was down .5% compared to the same quarter last year. Equities research analysts anticipate that Ford Motor Company will post $1.75 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, October 23rd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date is Friday, October 20th. Ford Motor’s payout ratio is 63.16%.
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A number of equities research analysts have recently weighed in on the company. Nomura downgraded Ford Motor to a “hold” rating in a research report on Saturday, August 5th. BidaskClub upgraded Ford Motor from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Vetr upgraded Ford Motor from a “buy” rating to a “strong-buy” rating and set a $12.65 target price for the company in a research report on Tuesday, July 25th. Royal Bank Of Canada restated a “buy” rating on shares of Ford Motor in a research report on Tuesday, August 15th. Finally, Deutsche Bank AG restated a “hold” rating and set a $14.00 target price on shares of Ford Motor in a research report on Friday, June 30th. Three equities 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. Ford Motor has an average rating of “Hold” and a consensus 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.
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