Ford Motor Company (F) Stake Maintained by Opus Investment Management Inc.
Opus Investment Management Inc. held its position in Ford Motor Company (NYSE:F) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 210,000 shares of the auto manufacturer’s stock at the end of the second quarter. Opus Investment Management Inc.’s holdings in Ford Motor were worth $2,350,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Hollencrest Securities LLC raised its position in Ford Motor by 39.6% in the first quarter. Hollencrest Securities LLC now owns 17,280 shares of the auto manufacturer’s stock worth $201,000 after buying an additional 4,900 shares during the period. Culbertson A N & Co. Inc. raised its position in Ford Motor by 0.3% in the first quarter. Culbertson A N & Co. Inc. now owns 138,145 shares of the auto manufacturer’s stock worth $1,608,000 after buying an additional 369 shares during the period. Mn Services Vermogensbeheer B.V. raised its position in Ford Motor by 3.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 98,881 shares of the auto manufacturer’s stock worth $1,076,000 after buying an additional 2,983 shares during the period. Aull & Monroe Investment Management Corp acquired a new position in Ford Motor during the first quarter worth $1,062,000. Finally, Pinnacle Advisory Group Inc. raised its position in Ford Motor by 21.7% in the first quarter. Pinnacle Advisory Group Inc. now owns 16,957 shares of the auto manufacturer’s stock worth $197,000 after buying an additional 3,026 shares during the period. 54.33% of the stock is owned by hedge funds and other institutional investors.
Ford Motor Company (NYSE F) opened at 10.94 on Thursday. The stock’s 50 day moving average price is $11.10 and its 200-day moving average price is $11.47. Ford Motor Company has a 1-year low of $10.47 and a 1-year high of $13.27. The company has a market cap of $43.45 billion, a PE ratio of 11.52 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 for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.13. The company had revenue of $36.93 billion for the quarter, compared to the consensus estimate 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 was down .5% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 earnings per share. On average, analysts forecast that Ford Motor Company will post $1.75 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, July 24th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date is Thursday, July 20th. Ford Motor’s dividend payout ratio is presently 63.16%.
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F has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $14.00 price objective on shares of Ford Motor in a research note on Friday, May 5th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $12.00 price objective on shares of Ford Motor in a research note on Monday, May 22nd. Deutsche Bank AG reaffirmed a “hold” rating and issued a $14.00 price objective on shares of Ford Motor in a research note on Wednesday, May 24th. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 price objective for the company. in a research note on Wednesday, May 31st. Finally, Morgan Stanley upped their price objective on Ford Motor from $9.00 to $10.00 and gave the stock an “underweight” rating in a research note on Friday, June 9th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Ford Motor presently has a consensus rating of “Hold” and an average price target of $12.54.
In other news, VP John T. Lawler sold 80,624 shares of the firm’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total value of $886,864.00. Following the transaction, the vice president now owns 10 shares of the company’s stock, valued at approximately $110. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider James D. Farley, Jr. sold 25,000 shares of the firm’s 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 completion of the transaction, the insider now directly owns 428,411 shares in the company, valued at approximately $4,781,066.76. The disclosure for this sale can be found here. Company insiders own 1.08% of the company’s stock.
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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