Community Bank of Raymore Acquires Shares of 201,000 Ford Motor (F)

Community Bank of Raymore acquired a new stake in shares of Ford Motor (NYSE:F) in the third quarter, HoldingsChannel.com reports. The firm acquired 201,000 shares of the auto manufacturer’s stock, valued at approximately $1,859,000. Ford Motor accounts for approximately 0.7% of Community Bank of Raymore’s portfolio, making the stock its 25th biggest position.

A number of other large investors have also recently added to or reduced their stakes in F. Private Capital Group LLC grew its stake in shares of Ford Motor by 1,726.4% in the first quarter. Private Capital Group LLC now owns 13,716 shares of the auto manufacturer’s stock worth $152,000 after acquiring an additional 12,965 shares during the period. Moors & Cabot Inc. grew its stake in shares of Ford Motor by 210.8% in the first quarter. Moors & Cabot Inc. now owns 84,763 shares of the auto manufacturer’s stock worth $939,000 after acquiring an additional 57,494 shares during the period. CIBC World Markets Inc. grew its stake in shares of Ford Motor by 40.7% in the first quarter. CIBC World Markets Inc. now owns 516,054 shares of the auto manufacturer’s stock worth $5,718,000 after acquiring an additional 149,362 shares during the period. Wesbanco Bank Inc. grew its stake in shares of Ford Motor by 36.7% in the first quarter. Wesbanco Bank Inc. now owns 121,334 shares of the auto manufacturer’s stock worth $1,344,000 after acquiring an additional 32,561 shares during the period. Finally, Rational Advisors LLC bought a new stake in shares of Ford Motor in the first quarter worth approximately $485,000. Institutional investors and hedge funds own 54.24% of the company’s stock.

In other news, Director John C. Lechleiter purchased 10,000 shares of the stock in a transaction on Thursday, August 2nd. The shares were acquired at an average price of $9.89 per share, with a total value of $98,900.00. Following the completion of the acquisition, the director now directly owns 45,000 shares of the company’s stock, valued at $445,050. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Steven R. Armstrong sold 13,000 shares of Ford Motor stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of $9.54, for a total transaction of $124,020.00. Following the transaction, the vice president now directly owns 94,527 shares in the company, valued at approximately $901,787.58. The disclosure for this sale can be found here. 0.95% of the stock is owned by insiders.

Shares of F traded down $0.11 on Friday, reaching $8.40. The company’s stock had a trading volume of 1,412,794 shares, compared to its average volume of 48,606,064. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80. The company has a market cap of $34.81 billion, a price-to-earnings ratio of 4.73, a PEG ratio of 1.25 and a beta of 0.86. Ford Motor has a 12-month low of $8.50 and a 12-month high of $13.48.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 25th. The auto manufacturer reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.04). Ford Motor had a net margin of 4.27% and a return on equity of 17.43%. The firm had revenue of $35.90 billion for the quarter, compared to analysts’ expectations of $35.63 billion. During the same period in the prior year, the firm earned $0.56 EPS. Ford Motor’s revenue for the quarter was down 2.8% compared to the same quarter last year. As a group, analysts predict that Ford Motor will post 1.33 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 3rd. Shareholders of record on Tuesday, October 23rd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 7.14%. The ex-dividend date is Monday, October 22nd. Ford Motor’s dividend payout ratio is currently 33.71%.

A number of analysts have recently commented on the stock. ValuEngine lowered shares of Ford Motor from a “hold” rating to a “sell” rating in a research note on Friday, June 29th. Zacks Investment Research lowered shares of Ford Motor from a “hold” rating to a “sell” rating in a research note on Tuesday, July 17th. Piper Jaffray Companies reiterated a “hold” rating on shares of Ford Motor in a research note on Tuesday, July 24th. Royal Bank of Canada reissued a “hold” rating and issued a $11.50 price objective on shares of Ford Motor in a report on Thursday, July 26th. Finally, UBS Group dropped their price objective on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, July 26th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the stock. Ford Motor has an average rating of “Hold” and a consensus price target of $11.78.

Ford Motor Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including 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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