Dixon Hubard Feinour & Brown Inc. VA Boosts Position in Ford Motor Company (F)

Dixon Hubard Feinour & Brown Inc. VA boosted its stake in shares of Ford Motor Company (NYSE:F) by 6.8% during the second quarter, Holdings Channel reports. The institutional investor owned 119,423 shares of the auto manufacturer’s stock after buying an additional 7,625 shares during the period. Dixon Hubard Feinour & Brown Inc. VA’s holdings in Ford Motor were worth $1,336,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of F. Quadrature Capital Ltd purchased a new stake in Ford Motor during the fourth quarter valued at about $5,571,000. Wealthfront Inc. bought a new position in shares of Ford Motor during the fourth quarter worth approximately $434,000. RMB Capital Management LLC bought a new position in shares of Ford Motor during the fourth quarter worth approximately $5,958,000. HighPoint Advisor Group LLC increased its position in shares of Ford Motor by 12.1% in the fourth quarter. HighPoint Advisor Group LLC now owns 165,062 shares of the auto manufacturer’s stock worth $2,095,000 after buying an additional 17,856 shares during the last quarter. Finally, Teachers Advisors LLC increased its position in shares of Ford Motor by 7.9% in the fourth quarter. Teachers Advisors LLC now owns 7,735,818 shares of the auto manufacturer’s stock worth $93,835,000 after buying an additional 566,217 shares during the last quarter. 55.58% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Company (F) opened at 11.73 on Thursday. Ford Motor Company has a 52-week low of $10.67 and a 52-week high of $14.04. The company has a market cap of $46.71 billion, a P/E ratio of 12.49 and a beta of 1.11. The company’s 50 day moving average price is $11.29 and its 200 day moving average price is $11.76. Ford Motor also was the target of unusually large options trading on Wednesday. Stock investors purchased 74,719 call options on the company. This is an increase of approximately 425% compared to the typical daily volume of 14,224 call options.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, April 27th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.05. The business had revenue of $36.48 billion for the quarter, compared to the consensus estimate of $34.62 billion. Ford Motor had a return on equity of 19.36% and a net margin of 2.48%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.68 earnings per share. Equities research analysts anticipate that Ford Motor Company will post $1.52 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, July 24th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date of this dividend is Thursday, July 20th. Ford Motor’s dividend payout ratio is currently 64.52%.

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A number of research analysts recently commented on the company. Piper Jaffray Companies restated an “overweight” rating and set a $15.00 price objective on shares of Ford Motor in a research note on Thursday, March 23rd. Tigress Financial restated a “buy” rating on shares of Ford Motor in a research note on Thursday, March 30th. Zacks Investment Research downgraded Ford Motor from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 29th. Vetr downgraded Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 price objective for the company. in a research note on Tuesday, July 4th. Finally, BidaskClub upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $13.43.

In other Ford Motor news, insider James D. Farley, Jr. sold 25,000 shares of the company’s stock in a transaction on Monday, June 12th. The stock was sold at an average price of $11.16, for a total transaction of $279,000.00. Following the completion of the sale, the insider now directly owns 428,411 shares in the company, valued at $4,781,066.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.08% of the company’s stock.

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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