AE Wealth Management LLC Has $1.43 Million Stake in Ford Motor Company (F)
AE Wealth Management LLC lessened its holdings in shares of Ford Motor Company (NYSE:F) by 21.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 119,816 shares of the auto manufacturer’s stock after selling 32,326 shares during the period. AE Wealth Management LLC’s holdings in Ford Motor were worth $1,434,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Balentine LLC lifted its holdings in shares of Ford Motor by 2.6% during the 1st quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 231 shares during the last quarter. Archford Capital Strategies LLC lifted its holdings in shares of Ford Motor by 7.8% during the 1st quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after purchasing an additional 676 shares during the last quarter. Captrust Financial Advisors purchased a new stake in shares of Ford Motor during the 2nd quarter valued at $106,000. Reilly Financial Advisors LLC raised 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 acquiring an additional 150 shares during the last quarter. Finally, FNY Managed Accounts LLC raised its stake in Ford Motor by 0.3% in the 1st quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock worth $120,000 after acquiring an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 53.39% of the company’s stock.
In other Ford Motor news, insider Hau N. Thai-Tang sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $11.50, for a total value of $287,500.00. Following the transaction, the insider now directly owns 76,358 shares of the company’s stock, valued at approximately $878,117. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Joseph R. Hinrichs sold 40,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now directly owns 532,435 shares in the company, valued at $6,037,812.90. The disclosure for this sale can be found here. Over the last quarter, insiders sold 137,076 shares of company stock worth $1,599,180. 1.08% of the stock is currently owned by insiders.
Ford Motor Company (NYSE:F) traded up $0.09 during mid-day trading on Monday, reaching $12.10. The company had a trading volume of 12,339,250 shares, compared to its average volume of 37,736,273. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94. Ford Motor Company has a 12 month low of $10.47 and a 12 month high of $13.27. The firm has a market cap of $48,100.00, a PE ratio of 7.15, a price-to-earnings-growth ratio of 0.62 and a beta of 1.25.
Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.10. Ford Motor had a return on equity of 19.16% and a net margin of 4.31%. The company had revenue of $33.65 billion for the quarter, compared to analysts’ expectations of $32.80 billion. During the same period in the previous year, the firm posted $0.26 EPS. Ford Motor’s revenue was up .9% compared to the same quarter last year. equities research analysts anticipate that Ford Motor Company will post 1.81 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, October 23rd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.96%. The ex-dividend date of this dividend is Friday, October 20th. Ford Motor’s payout ratio is 54.55%.
A number of equities analysts recently issued reports on F shares. Nomura lowered Ford Motor to a “hold” rating in a research note on Saturday, August 5th. BidaskClub upgraded Ford Motor from a “strong sell” rating to a “sell” rating in a research note 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 note on Tuesday, July 25th. Royal Bank Of Canada restated a “buy” rating on shares of Ford Motor in a research note on Tuesday, August 15th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $12.00 price target on shares of Ford Motor in a research report on Sunday, September 10th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $12.63.
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About Ford Motor
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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