Ford Motor (NYSE:F) Stock Position Decreased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC trimmed its holdings in Ford Motor (NYSE:F) by 53.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,317 shares of the auto manufacturer’s stock after selling 74,653 shares during the period. Ameritas Advisory Services LLC’s holdings in Ford Motor were worth $819,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of F. Pinnacle Associates Ltd. increased its position in Ford Motor by 2.6% in the 1st quarter. Pinnacle Associates Ltd. now owns 32,527 shares of the auto manufacturer’s stock worth $432,000 after buying an additional 817 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Ford Motor by 29.8% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,604 shares of the auto manufacturer’s stock valued at $44,000 after buying an additional 828 shares during the period. Legacy Wealth Asset Management LLC grew its position in Ford Motor by 1.7% during the first quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock worth $650,000 after buying an additional 836 shares in the last quarter. Insight Wealth Partners LLC increased its stake in Ford Motor by 1.9% during the second quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock valued at $554,000 after acquiring an additional 843 shares during the period. Finally, Pallas Capital Advisors LLC raised its holdings in Ford Motor by 2.9% in the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock valued at $374,000 after acquiring an additional 846 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 0.7 %

Shares of NYSE:F traded up $0.08 during midday trading on Thursday, hitting $11.12. The company had a trading volume of 44,962,461 shares, compared to its average volume of 54,488,918. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The firm has a fifty day simple moving average of $11.86 and a 200 day simple moving average of $12.22. The stock has a market cap of $44.37 billion, a price-to-earnings ratio of 11.46, a PEG ratio of 0.75 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.72 EPS. On average, analysts predict that Ford Motor will post 1.94 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.40%. Ford Motor’s payout ratio is 61.86%.

Wall Street Analyst Weigh In

F has been the topic of a number of analyst reports. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Barclays dropped their target price on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, July 25th. Sanford C. Bernstein initiated coverage on Ford Motor in a research note on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price target on the stock. The Goldman Sachs Group dropped their price objective on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, July 25th. Finally, Evercore ISI raised Ford Motor to a “hold” rating in a report on Friday, July 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $13.48.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company 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.