Ford Motor (NYSE:F) Position Trimmed by Morningstar Investment Services LLC

Morningstar Investment Services LLC trimmed its holdings in shares of Ford Motor (NYSE:F) by 17.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,392 shares of the auto manufacturer’s stock after selling 6,009 shares during the period. Morningstar Investment Services LLC’s holdings in Ford Motor were worth $290,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Berman Capital Advisors LLC lifted its position in Ford Motor by 46.6% in the 1st quarter. Berman Capital Advisors LLC now owns 3,553 shares of the auto manufacturer’s stock worth $31,000 after buying an additional 1,130 shares in the last quarter. Cornerstone Advisors Inc. raised its stake in shares of Ford Motor by 38.2% during the first quarter. Cornerstone Advisors Inc. now owns 3,802 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 1,051 shares during the last quarter. West Oak Capital LLC raised its stake in shares of Ford Motor by 46.3% during the second quarter. West Oak Capital LLC now owns 3,579 shares of the auto manufacturer’s stock worth $37,000 after buying an additional 1,132 shares during the last quarter. Citizens Financial Group Inc RI grew its holdings in Ford Motor by 63.6% during the second quarter. Citizens Financial Group Inc RI now owns 3,601 shares of the auto manufacturer’s stock valued at $37,000 after purchasing an additional 1,400 shares during the period. Finally, Zions Bancorporation N.A. acquired a new position in Ford Motor during the first quarter valued at approximately $38,000. Hedge funds and other institutional investors own 53.86% of the company’s stock.

In related news, insider Kiersten Robinson sold 15,000 shares of the business’s stock in a transaction dated Friday, June 28th. The stock was sold at an average price of $10.25, for a total value of $153,750.00. Following the sale, the insider now directly owns 66,027 shares in the company, valued at approximately $676,776.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman William Clay Ford, Jr. acquired 840,962 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was purchased at an average price of $9.51 per share, for a total transaction of $7,997,548.62. Following the completion of the purchase, the chairman now directly owns 1,100,617 shares in the company, valued at approximately $10,466,867.67. The disclosure for this purchase can be found here. In the last three months, insiders sold 115,000 shares of company stock valued at $1,128,650. 0.83% of the stock is currently owned by insiders.



F has been the subject of a number of analyst reports. Bank of America cut shares of Ford Motor to a “buy” rating and set a $13.00 price objective for the company. in a report on Tuesday. Morgan Stanley upgraded shares of Ford Motor from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $10.00 to $12.00 in a report on Tuesday, August 6th. ValuEngine cut shares of Ford Motor from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 4th. TheStreet cut shares of Ford Motor from a “b-” rating to a “c” rating in a report on Friday, July 26th. Finally, Goldman Sachs Group set a $13.00 price objective on shares of Ford Motor and gave the company a “buy” rating in a report on Thursday, June 13th. Four research analysts have rated the stock with a sell rating, five have given a hold rating, six have assigned 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 $10.33.

Shares of F traded down $0.01 during mid-day trading on Thursday, reaching $9.42. The company had a trading volume of 19,498,315 shares, compared to its average volume of 39,722,777. The company’s 50 day simple moving average is $9.25 and its 200 day simple moving average is $9.53. Ford Motor has a 1-year low of $7.41 and a 1-year high of $10.56. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.08 and a current ratio of 1.20. The company has a market capitalization of $38.06 billion, a price-to-earnings ratio of 7.24, a P/E/G ratio of 1.02 and a beta of 1.14.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02. Ford Motor had a net margin of 1.37% and a return on equity of 14.92%. The company had revenue of $35.91 billion for the quarter, compared to the consensus estimate of $35.21 billion. During the same period last year, the company posted $0.27 EPS. The firm’s quarterly revenue was up .4% compared to the same quarter last year. As a group, equities analysts forecast that Ford Motor will post 1.29 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Tuesday, July 23rd were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.37%. The ex-dividend date of this dividend was Monday, July 22nd. Ford Motor’s payout ratio is currently 46.15%.

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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