Ford Motor Company $F Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. reduced its position in shares of Ford Motor Company (NYSE:F) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 204,201 shares of the auto manufacturer’s stock after selling 1,997 shares during the period. Securian Asset Management Inc.’s holdings in Ford Motor were worth $2,216,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisors Capital Management LLC increased its position in Ford Motor by 9.6% during the first quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock worth $126,000 after purchasing an additional 1,100 shares during the last quarter. FORA Capital LLC acquired a new stake in Ford Motor during the first quarter worth about $7,398,000. Generali Investments CEE investicni spolecnost a.s. increased its position in Ford Motor by 25.0% during the first quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer’s stock worth $3,009,000 after purchasing an additional 60,000 shares during the last quarter. Teza Capital Management LLC acquired a new stake in Ford Motor during the first quarter worth about $465,000. Finally, Quantitative Investment Management LLC acquired a new stake in Ford Motor during the first quarter worth about $2,373,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Down 1.0%

NYSE F opened at $12.44 on Thursday. The firm has a 50 day simple moving average of $11.79 and a 200-day simple moving average of $10.99. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. Ford Motor Company has a one year low of $8.44 and a one year high of $12.80. The firm has a market cap of $49.49 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 3.69 and a beta of 1.53.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. During the same quarter last year, the firm posted $0.47 earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. Equities research analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.8%. Ford Motor’s dividend payout ratio (DPR) is presently 76.92%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on F. Dbs Bank cut shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Wells Fargo & Company lifted their price target on shares of Ford Motor from $8.00 to $10.00 and gave the company an “underweight” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Monday. Royal Bank Of Canada lifted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 5th. Finally, Barclays lifted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $11.11.

Ford Motor Company Profile

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.