First Trust Advisors LP Has $53.58 Million Position in Ford Motor (F)

First Trust Advisors LP increased its position in Ford Motor (NYSE:F) by 8.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,792,750 shares of the auto manufacturer’s stock after acquiring an additional 475,334 shares during the period. First Trust Advisors LP owned approximately 0.15% of Ford Motor worth $53,583,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC increased its stake in Ford Motor by 94.5% during the 3rd quarter. Fisher Asset Management LLC now owns 90,663 shares of the auto manufacturer’s stock valued at $839,000 after buying an additional 44,046 shares during the period. Xact Kapitalforvaltning AB boosted its position in shares of Ford Motor by 4.6% during the 3rd quarter. Xact Kapitalforvaltning AB now owns 880,598 shares of the auto manufacturer’s stock valued at $8,146,000 after purchasing an additional 38,607 shares in the last quarter. Shamrock Asset Management LLC boosted its position in shares of Ford Motor by 18,046.3% during the 3rd quarter. Shamrock Asset Management LLC now owns 54,439 shares of the auto manufacturer’s stock valued at $504,000 after purchasing an additional 54,139 shares in the last quarter. Hengehold Capital Management LLC boosted its position in shares of Ford Motor by 26.9% during the 3rd quarter. Hengehold Capital Management LLC now owns 237,854 shares of the auto manufacturer’s stock valued at $2,200,000 after purchasing an additional 50,358 shares in the last quarter. Finally, Calamos Advisors LLC boosted its position in shares of Ford Motor by 6.2% during the 3rd quarter. Calamos Advisors LLC now owns 1,481,596 shares of the auto manufacturer’s stock valued at $13,705,000 after purchasing an additional 86,984 shares in the last quarter. 54.09% of the stock is currently owned by institutional investors and hedge funds.

In other Ford Motor news, VP Steven R. Armstrong sold 13,000 shares of the firm’s stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $9.54, for a total value of $124,020.00. Following the completion of the transaction, the vice president now directly owns 94,527 shares in the company, valued at $901,787.58. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John C. Lechleiter bought 10,000 shares of the firm’s stock in a transaction on Thursday, August 2nd. The stock was purchased 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 owns 45,000 shares of the company’s stock, valued at $445,050. The disclosure for this purchase can be found here. Company insiders own 0.95% of the company’s stock.



Several equities analysts have recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a $13.00 price objective on shares of Ford Motor in a research report on Friday, October 5th. TheStreet lowered shares of Ford Motor from a “b-” rating to a “c+” rating in a research report on Monday, August 13th. Zacks Investment Research lowered shares of Ford Motor from a “hold” rating to a “sell” rating in a research report on Tuesday, July 17th. Citigroup reduced their price objective on shares of Ford Motor from $9.90 to $9.70 and set a “neutral” rating for the company in a research report on Thursday, October 4th. Finally, Buckingham Research reduced their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Thursday, July 26th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $11.63.

Shares of F opened at $9.28 on Tuesday. Ford Motor has a one year low of $8.17 and a one year high of $13.48. The stock has a market capitalization of $35.68 billion, a price-to-earnings ratio of 6.51, a PEG ratio of 1.26 and a beta of 0.86. The company has a quick ratio of 1.08, a current ratio of 1.21 and a debt-to-equity ratio of 2.80.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. Ford Motor had a net margin of 3.88% and a return on equity of 15.48%. The company had revenue of $34.66 billion during the quarter, compared to analysts’ expectations of $32.05 billion. During the same period last year, the company posted $0.43 earnings per share. As a group, analysts anticipate that Ford Motor will post 1.35 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Shareholders of record on Tuesday, October 23rd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.47%. The ex-dividend date is Monday, October 22nd. Ford Motor’s payout ratio is 33.71%.

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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