Moloney Securities Asset Management LLC Raises Position in Ford Motor Company (F)

Moloney Securities Asset Management LLC increased its stake in shares of Ford Motor Company (NYSE:F) by 113.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,240 shares of the auto manufacturer’s stock after buying an additional 38,866 shares during the period. Moloney Securities Asset Management LLC’s holdings in Ford Motor were worth $820,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Ford Motor by 2.3% in the first quarter. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer’s stock valued at $3,048,866,000 after buying an additional 6,013,577 shares during the period. BlackRock Inc. increased its stake in Ford Motor by 2,991.4% in the first quarter. BlackRock Inc. now owns 229,005,290 shares of the auto manufacturer’s stock valued at $2,665,619,000 after buying an additional 221,597,419 shares during the period. State Street Corp increased its stake in Ford Motor by 2.5% in the first quarter. State Street Corp now owns 162,887,426 shares of the auto manufacturer’s stock valued at $1,896,009,000 after buying an additional 3,999,705 shares during the period. Wellington Management Group LLP increased its stake in Ford Motor by 0.5% in the first quarter. Wellington Management Group LLP now owns 75,771,499 shares of the auto manufacturer’s stock valued at $881,979,000 after buying an additional 391,692 shares during the period. Finally, Geode Capital Management LLC increased its stake in Ford Motor by 10.8% in the first quarter. Geode Capital Management LLC now owns 40,887,644 shares of the auto manufacturer’s stock valued at $475,306,000 after buying an additional 3,978,850 shares during the period. Hedge funds and other institutional investors own 55.38% of the company’s stock.

Ford Motor Company (NYSE:F) traded down 0.2269% on Wednesday, reaching $10.8154. 17,180,298 shares of the company’s stock were exchanged. Ford Motor Company has a 1-year low of $10.67 and a 1-year high of $13.27. The stock’s 50 day moving average price is $11.23 and its 200 day moving average price is $11.56. The firm has a market capitalization of $42.96 billion, a price-to-earnings ratio of 11.3846 and a beta of 1.11.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.13. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The company had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. During the same period last year, the firm posted $0.52 EPS. The company’s revenue for the quarter was down .5% on a year-over-year basis. On average, analysts expect that Ford Motor Company will post $1.75 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, July 24th will be given a $0.15 dividend. The ex-dividend date is Thursday, July 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.54%. Ford Motor’s payout ratio is currently 63.16%.

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Several equities analysts have commented on F shares. Royal Bank Of Canada reissued a “buy” rating and issued a $14.00 price target on shares of Ford Motor in a research report on Friday, May 5th. Nomura cut shares of Ford Motor to a “hold” rating in a research report on Saturday, August 5th. Berenberg Bank set a $10.00 price target on shares of Ford Motor and gave the company a “sell” rating in a research report on Monday, June 12th. Vetr raised shares of Ford Motor from a “buy” rating to a “strong-buy” rating and set a $12.65 price target for the company in a research report on Tuesday, July 25th. Finally, BidaskClub cut shares of Ford Motor from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $12.60.

In related news, insider James D. Farley, Jr. sold 25,000 shares of the stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $11.16, for a total value of $279,000.00. Following the sale, the insider now owns 428,411 shares of the company’s stock, valued at approximately $4,781,066.76. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP John T. Lawler sold 80,624 shares of the stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total transaction of $886,864.00. Following the completion of the sale, the vice president now directly owns 10 shares in the company, valued at approximately $110. The disclosure for this sale can be found here. Company 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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