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Aldebaran Financial Inc. Raises Stake in Ford Motor Company (F)
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Several other hedge funds and other institutional investors also recently bought and sold shares of F. Argent Trust Co increased its position in Ford Motor by 0.3% in the first quarter. Argent Trust Co now owns 11,226 shares of the auto manufacturer’s stock valued at $131,000 after buying an additional 30 shares in the last quarter. FNY Managed Accounts LLC increased its position in Ford Motor by 0.3% in the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock valued at $120,000 after buying an additional 34 shares in the last quarter. Guardian Life Insurance Co. of America increased its position in Ford Motor by 0.8% in the first quarter. Guardian Life Insurance Co. of America now owns 15,078 shares of the auto manufacturer’s stock valued at $176,000 after buying an additional 123 shares in the last quarter. Rockland Trust Co. increased its position in Ford Motor by 0.4% in the first quarter. Rockland Trust Co. now owns 41,051 shares of the auto manufacturer’s stock valued at $478,000 after buying an additional 159 shares in the last quarter. Finally, Hanson McClain Inc. increased its position in Ford Motor by 0.6% in the first quarter. Hanson McClain Inc. now owns 27,656 shares of the auto manufacturer’s stock valued at $322,000 after buying an additional 164 shares in the last quarter. 55.38% of the stock is owned by hedge funds and other institutional investors.
Ford Motor Company (F) traded down 0.1292% during trading on Tuesday, hitting $10.8959. The company’s stock had a trading volume of 8,514,811 shares. Ford Motor Company has a 12 month low of $10.67 and a 12 month high of $13.27. The firm has a market cap of $43.28 billion, a P/E ratio of 11.4694 and a beta of 1.11. The firm has a 50 day moving average of $11.24 and a 200 day moving average of $11.57.
Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The firm had revenue of $36.93 billion for the quarter, compared to analysts’ expectations of $37.22 billion. During the same period in the previous year, the firm earned $0.52 earnings per share. The business’s revenue was down .5% compared to the same quarter last year. Equities research analysts predict that Ford Motor Company will post $1.76 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, July 24th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, July 20th. This represents a $0.60 annualized dividend and a dividend yield of 5.50%. Ford Motor’s dividend payout ratio (DPR) is presently 63.16%.
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Several research firms have recently issued reports on F. 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. BidaskClub raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Nomura reaffirmed a “buy” rating and issued a $14.80 price objective on shares of Ford Motor in a research note on Tuesday, May 2nd. Zacks Investment Research raised Ford Motor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 24th. Finally, Berenberg Bank set a $10.00 price objective on Ford Motor and gave the company a “sell” rating in a research note on Monday, June 12th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Ford Motor presently has an average rating of “Hold” and a consensus target price of $12.60.
In other news, VP John T. Lawler sold 80,624 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total transaction of $886,864.00. Following the transaction, the vice president now directly owns 10 shares of the company’s stock, valued at $110. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider James D. Farley, Jr. sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $11.16, for a total value of $279,000.00. Following the transaction, the insider now directly owns 428,411 shares in the company, valued at $4,781,066.76. The disclosure for this sale can be found here. 1.08% of the stock is currently owned by insiders.
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.