Cascade Investment Advisors Inc. trimmed its holdings in Ford Motor (NYSE:F) by 26.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,075 shares of the auto manufacturer’s stock after selling 7,325 shares during the quarter. Cascade Investment Advisors Inc.’s holdings in Ford Motor were worth $251,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in F. Prudential Financial Inc. raised its holdings in shares of Ford Motor by 0.7% in the second quarter. Prudential Financial Inc. now owns 12,254,295 shares of the auto manufacturer’s stock valued at $137,125,000 after buying an additional 89,640 shares during the last quarter. American Asset Management Inc. raised its holdings in shares of Ford Motor by 4.9% in the second quarter. American Asset Management Inc. now owns 22,418 shares of the auto manufacturer’s stock valued at $251,000 after buying an additional 1,053 shares during the last quarter. Boys Arnold & Co. Inc. increased its position in Ford Motor by 5.9% in the second quarter. Boys Arnold & Co. Inc. now owns 16,675 shares of the auto manufacturer’s stock worth $187,000 after purchasing an additional 925 shares during the period. Robeco Institutional Asset Management B.V. increased its position in Ford Motor by 13.1% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,834,508 shares of the auto manufacturer’s stock worth $20,533,000 after purchasing an additional 212,093 shares during the period. Finally, Willingdon Wealth Management acquired a new stake in Ford Motor in the second quarter worth about $3,373,000. 53.60% of the stock is owned by institutional investors and hedge funds.
Ford Motor (NYSE:F) traded down $0.92 during trading on Wednesday, hitting $12.18. The stock had a trading volume of 132,405,259 shares, compared to its average volume of 32,970,000. The firm has a market cap of $48,380.00, a price-to-earnings ratio of 11.07, a P/E/G ratio of 0.81 and a beta of 1.26. Ford Motor has a 52 week low of $10.47 and a 52 week high of $13.48. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.19 and a quick ratio of 1.08.
Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The company had revenue of $33.65 billion during the quarter, compared to analyst estimates of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.26 EPS. equities research analysts expect that Ford Motor will post 1.81 EPS for the current fiscal year.
In related news, insider Hau N. Thai-Tang sold 18,000 shares of the business’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total value of $234,000.00. Following the completion of the transaction, the insider now directly owns 14,358 shares in the company, valued at approximately $186,654. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Hau N. Thai-Tang sold 19,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. Insiders have sold a total of 47,752 shares of company stock valued at $603,965 over the last 90 days. Corporate insiders own 1.08% of the company’s stock.
A number of analysts recently commented on the company. Zacks Investment Research upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Tuesday, October 31st. Citigroup lifted their price objective on Ford Motor from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, October 30th. Jefferies Group lifted their price objective on Ford Motor from $12.00 to $13.00 and gave the stock a “hold” rating in a research report on Monday, October 30th. Vetr lowered Ford Motor from a “buy” rating to a “hold” rating and set a $12.60 price objective for the company. in a research report on Friday, October 6th. Finally, Standpoint Research upgraded Ford Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, October 4th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $12.66.
Ford Motor 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.
Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor (NYSE:F).
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.