Youngs Advisory Group Inc. Purchases 26 Shares of Ford Motor Company (F)
Youngs Advisory Group Inc. boosted its stake in shares of Ford Motor Company (NYSE:F) by 0.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,806 shares of the auto manufacturer’s stock after buying an additional 26 shares during the period. Youngs Advisory Group Inc.’s holdings in Ford Motor were worth $132,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in F. Balentine LLC increased its stake in Ford Motor by 2.6% in the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock worth $106,000 after buying an additional 231 shares in the last quarter. Archford Capital Strategies LLC boosted its position in Ford Motor by 7.8% in the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock worth $109,000 after buying an additional 676 shares during the last quarter. GWM Advisors LLC acquired a new position in Ford Motor during the first quarter worth approximately $117,000. FNY Managed Accounts LLC boosted 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 worth $120,000 after buying an additional 34 shares during the last quarter. Finally, Jacobi Capital Management LLC boosted its position in Ford Motor by 16.3% in the first quarter. Jacobi Capital Management LLC now owns 10,686 shares of the auto manufacturer’s stock worth $120,000 after buying an additional 1,497 shares during the last quarter. 55.38% of the stock is currently owned by hedge funds and other institutional investors.
Ford Motor Company (NYSE:F) traded down 0.75% during midday trading on Friday, reaching $10.56. 43,998,743 shares of the company traded hands. Ford Motor Company has a one year low of $10.47 and a one year high of $13.27. The company has a 50 day moving average price of $11.19 and a 200-day moving average price of $11.53. The stock has a market capitalization of $41.94 billion, a P/E ratio of 11.12 and a beta of 1.11.
Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.13. The company had revenue of $36.93 billion during the quarter, compared to analysts’ expectations of $37.22 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. Ford Motor’s revenue for the quarter was down .5% on a year-over-year basis. During the same period last year, the business earned $0.52 EPS. Analysts forecast that Ford Motor Company will post $1.75 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, July 24th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.68%. The ex-dividend date of this dividend is Thursday, July 20th. Ford Motor’s dividend payout ratio (DPR) is 63.16%.
A number of equities analysts recently commented on the company. BidaskClub cut Ford Motor from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Royal Bank Of Canada reiterated a “buy” rating on shares of Ford Motor in a research note on Tuesday, August 15th. Nomura reiterated a “neutral” rating and issued a $11.60 price target (down from $14.00) on shares of Ford Motor in a research note on Friday, August 4th. Instinet cut Ford Motor from a “buy” rating to a “neutral” rating and cut their price target for the company from $14.80 to $11.60 in a research note on Wednesday, August 9th. Finally, Jefferies Group LLC reiterated a “neutral” rating on shares of Ford Motor in a research note on Monday, August 7th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $12.60.
In other Ford Motor news, insider James D. Farley, Jr. sold 25,000 shares of Ford Motor stock in a transaction on Monday, June 12th. The shares were sold at an average price of $11.16, for a total transaction 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP John T. Lawler sold 80,624 shares of Ford Motor stock in a transaction 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 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. 1.08% of the stock is owned by insiders.
About Ford Motor
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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