TD Asset Management Inc. cut its stake in shares of Ford Motor Co. (NYSE:F) by 0.8% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 2,435,539 shares of the auto manufacturer’s stock after selling 19,108 shares during the period. TD Asset Management Inc. owned about 0.06% of Ford Motor worth $29,397,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. 1832 Asset Management L.P. raised its position in shares of Ford Motor by 21.5% in the second quarter. 1832 Asset Management L.P. now owns 7,900 shares of the auto manufacturer’s stock valued at $100,000 after buying an additional 1,400 shares during the last quarter. Balentine LLC acquired a new position in shares of Ford Motor during the second quarter valued at about $109,000. Bellwether Investment Group LLC acquired a new position in shares of Ford Motor during the second quarter valued at about $109,000. Hudock Capital Group LLC raised its position in shares of Ford Motor by 14.9% in the second quarter. Hudock Capital Group LLC now owns 9,250 shares of the auto manufacturer’s stock valued at $116,000 after buying an additional 1,200 shares during the last quarter. Finally, Reilly Financial Advisors LLC raised its position in shares of Ford Motor by 2.1% in the third quarter. Reilly Financial Advisors LLC now owns 9,684 shares of the auto manufacturer’s stock valued at $117,000 after buying an additional 200 shares during the last quarter. 54.26% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

Shares of Ford Motor Co. (NYSE:F) traded up 0.378% during mid-day trading on Tuesday, reaching $11.965. The company’s stock had a trading volume of 3,792,103 shares. Ford Motor Co. has a 12 month low of $11.02 and a 12 month high of $14.62. The company has a market cap of $47.55 billion, a P/E ratio of 6.610 and a beta of 1.12. The company has a 50-day moving average of $11.85 and a 200-day moving average of $12.53.

Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 27th. The auto manufacturer reported $0.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.06. The company had revenue of $35.90 billion for the quarter, compared to analysts’ expectations of $32.70 billion. Ford Motor had a return on equity of 26.97% and a net margin of 4.80%. Ford Motor’s quarterly revenue was down 6.9% on a year-over-year basis. During the same period last year, the firm earned $0.45 earnings per share. Equities research analysts forecast that Ford Motor Co. will post $1.81 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, October 25th. This represents a $0.60 annualized dividend and a dividend yield of 5.03%. Ford Motor’s payout ratio is presently 33.15%.

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A number of equities research analysts recently weighed in on the company. Jefferies Group restated a “sell” rating on shares of Ford Motor in a research report on Sunday, September 4th. Barclays PLC restated an “equal weight” rating and set a $12.00 price objective (down previously from $13.00) on shares of Ford Motor in a research report on Tuesday, August 2nd. Deutsche Bank AG restated a “hold” rating and set a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, August 17th. Buckingham Research lowered Ford Motor from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $16.00 to $12.00 in a research report on Tuesday, September 20th. Finally, Seaport Global Securities assumed coverage on Ford Motor in a research report on Tuesday, August 9th. They set a “buy” rating and a $20.00 price objective on the stock. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Ford Motor presently has a consensus rating of “Hold” and an average target price of $13.77.

In other Ford Motor news, insider Sankar S. Nair sold 82,000 shares of the firm’s stock in a transaction dated Tuesday, October 4th. The shares were sold at an average price of $12.11, for a total value of $993,020.00. Following the completion of the sale, the insider now directly owns 32,969 shares in the company, valued at $399,254.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ziad S. Ojakli sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 18th. The stock was sold at an average price of $11.86, for a total transaction of $118,600.00. Following the completion of the sale, the insider now owns 503,246 shares of the company’s stock, valued at $5,968,497.56. The disclosure for this sale can be found here. 1.10% of the stock is owned by corporate insiders.

Ford Motor Company Profile

Ford Motor Company (Ford) is a global automotive and mobility company. The Company’s principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. The Company operates in two sectors: Automotive and Financial Services.

5 Day Chart for NYSE:F

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