Ford Motor (NYSE:F) Shares Sold by Advisor Partners LLC

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Advisor Partners LLC decreased its stake in Ford Motor (NYSE:F) by 6.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 39,844 shares of the auto manufacturer’s stock after selling 2,563 shares during the period. Advisor Partners LLC’s holdings in Ford Motor were worth $365,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of F. City Holding Co. raised its position in Ford Motor by 10.3% in the 2nd quarter. City Holding Co. now owns 10,726 shares of the auto manufacturer’s stock valued at $110,000 after purchasing an additional 1,000 shares during the last quarter. Searle & CO. raised its position in Ford Motor by 1.9% in the 2nd quarter. Searle & CO. now owns 53,100 shares of the auto manufacturer’s stock valued at $543,000 after purchasing an additional 1,000 shares during the last quarter. Financial Advisory Service Inc. raised its position in Ford Motor by 5.2% in the 2nd quarter. Financial Advisory Service Inc. now owns 21,616 shares of the auto manufacturer’s stock valued at $221,000 after purchasing an additional 1,062 shares during the last quarter. Destination Wealth Management raised its position in Ford Motor by 27.2% in the 2nd quarter. Destination Wealth Management now owns 5,057 shares of the auto manufacturer’s stock valued at $52,000 after purchasing an additional 1,081 shares during the last quarter. Finally, West Oak Capital LLC raised its position in Ford Motor by 46.3% in the 2nd quarter. West Oak Capital LLC now owns 3,579 shares of the auto manufacturer’s stock valued at $37,000 after purchasing an additional 1,132 shares during the last quarter. Institutional investors and hedge funds own 53.80% of the company’s stock.

Shares of Ford Motor stock opened at $9.29 on Monday. The company has a market cap of $36.35 billion, a P/E ratio of 7.15, a PEG ratio of 0.99 and a beta of 1.10. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.08 and a current ratio of 1.20. Ford Motor has a one year low of $7.41 and a one year high of $10.56. The firm has a fifty day moving average of $9.09 and a two-hundred day moving average of $9.60.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.32 EPS for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.02. The company had revenue of $35.91 billion during the quarter, compared to the consensus estimate of $35.21 billion. Ford Motor had a net margin of 1.37% and a return on equity of 14.92%. Ford Motor’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 EPS. As a group, equities analysts predict that Ford Motor will post 1.26 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Tuesday, October 22nd will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, October 21st. This represents a $0.60 dividend on an annualized basis and a yield of 6.46%. Ford Motor’s payout ratio is currently 46.15%.

Several analysts recently commented on the stock. TheStreet downgraded shares of Ford Motor from a “b-” rating to a “c” rating in a research report on Friday, July 26th. ValuEngine downgraded shares of Ford Motor from a “sell” rating to a “strong sell” rating in a research report on Saturday. Royal Bank of Canada reiterated a “neutral” rating and issued a $10.50 price target on shares of Ford Motor in a research report on Thursday, July 25th. Morgan Stanley set a $12.00 price objective on shares of Ford Motor and gave the stock a “buy” rating in a research report on Friday, September 27th. Finally, Buckingham Research cut their price objective on shares of Ford Motor from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Tuesday, October 1st. Four research analysts have rated the stock with a sell rating, five have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $10.30.

In related news, Director John C. Lechleiter purchased 10,000 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was acquired at an average price of $9.60 per share, for a total transaction of $96,000.00. Following the acquisition, the director now directly owns 64,700 shares of the company’s stock, valued at approximately $621,120. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO James P. Hackett sold 20,000 shares of the stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $9.16, for a total transaction of $183,200.00. Following the completion of the transaction, the chief executive officer now owns 174,575 shares of the company’s stock, valued at approximately $1,599,107. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 130,000 shares of company stock valued at $1,197,750. 0.83% of the stock is owned by insiders.

Ford Motor Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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

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