Brighton Jones LLC purchased a new stake in shares of Ford Motor Company (NYSE:F) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 13,707 shares of the auto manufacturer’s stock, valued at approximately $153,000.
Other large investors have also made changes to their positions in the company. Balentine LLC increased its position in Ford Motor by 2.6% during the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after acquiring an additional 231 shares during the last quarter. Archford Capital Strategies LLC increased its position in Ford Motor by 7.8% during the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after acquiring an additional 676 shares during the last quarter. Reilly Financial Advisors LLC increased its position in Ford Motor by 1.5% during the second quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after acquiring an additional 150 shares during the last quarter. Kelman Lazarov Inc. purchased a new stake in Ford Motor during the second quarter valued at $116,000. Finally, GWM Advisors LLC purchased a new stake in Ford Motor during the first quarter valued at $117,000. 54.35% of the stock is currently owned by hedge funds and other institutional investors.
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Shares of Ford Motor Company (NYSE:F) opened at 11.71 on Thursday. The stock has a market cap of $46.51 billion, a PE ratio of 12.33 and a beta of 1.12. Ford Motor Company has a 52-week low of $10.47 and a 52-week high of $13.27. The company’s 50 day moving average price is $11.06 and its 200 day moving average price is $11.32. Ford Motor also saw unusually large options trading on Monday. Traders bought 14,678 put options on the stock. This represents an increase of 104% compared to the average daily volume of 7,211 put options.
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 the Thomson Reuters’ 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 company 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 business earned $0.52 EPS. Ford Motor’s quarterly revenue was down .5% on a year-over-year basis. On average, analysts anticipate that Ford Motor Company will post $1.75 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Monday, July 24th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.12%. The ex-dividend date of this dividend was Thursday, July 20th. Ford Motor’s dividend payout ratio is presently 63.16%.
In other news, VP John T. Lawler sold 80,624 shares of the company’s stock in a transaction 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 sale, the vice president now owns 10 shares of the company’s stock, valued at $110. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Hau N. Thai-Tang sold 25,000 shares of the company’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $11.50, for a total value of $287,500.00. Following the sale, the insider now directly owns 76,358 shares in the company, valued at approximately $878,117. The disclosure for this sale can be found here. Insiders sold 170,624 shares of company stock worth $1,912,964 over the last quarter. 1.08% of the stock is currently owned by insiders.
A number of analysts recently commented on the company. BidaskClub cut Ford Motor from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. ValuEngine cut Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. Royal Bank Of Canada reiterated a “buy” rating and set a $13.00 price objective on shares of Ford Motor in a research report on Monday. Piper Jaffray Companies reiterated a “buy” rating and set a $14.00 price objective on shares of Ford Motor in a research report on Friday, July 28th. Finally, Vetr cut Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 price objective for the company. in a research report on Monday, September 4th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company. Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $12.46.
Ford Motor Company 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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