SG Americas Securities LLC Has $26.38 Million Position in Ford Motor Company (F)
SG Americas Securities LLC boosted its stake in Ford Motor Company (NYSE:F) by 327.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,357,380 shares of the auto manufacturer’s stock after acquiring an additional 1,806,099 shares during the period. SG Americas Securities LLC owned 0.06% of Ford Motor worth $26,379,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in F. Acadian Asset Management LLC boosted its holdings in Ford Motor by 130.3% in the first quarter. Acadian Asset Management LLC now owns 38,664 shares of the auto manufacturer’s stock valued at $450,000 after acquiring an additional 21,879 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Ford Motor by 6.2% in the first quarter. Russell Investments Group Ltd. now owns 2,637,183 shares of the auto manufacturer’s stock valued at $30,707,000 after acquiring an additional 154,867 shares during the last quarter. Rand Wealth LLC bought a new stake in Ford Motor in the first quarter valued at approximately $155,000. First Midwest Bank Trust Division boosted its holdings in Ford Motor by 23.4% in the first quarter. First Midwest Bank Trust Division now owns 138,231 shares of the auto manufacturer’s stock valued at $1,609,000 after acquiring an additional 26,183 shares during the last quarter. Finally, Argyle Capital Management Inc. boosted its holdings in Ford Motor by 26.4% in the first quarter. Argyle Capital Management Inc. now owns 149,200 shares of the auto manufacturer’s stock valued at $1,737,000 after acquiring an additional 31,200 shares during the last quarter. Institutional investors and hedge funds own 54.34% of the company’s stock.
Shares of Ford Motor Company (NYSE:F) opened at 11.36 on Monday. The company has a 50-day moving average price of $10.99 and a 200-day moving average price of $11.39. The stock has a market capitalization of $45.12 billion, a price-to-earnings ratio of 11.96 and a beta of 1.12. Ford Motor Company has a 52-week low of $10.47 and a 52-week high of $13.27.
Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company had revenue of $36.93 billion for the quarter, compared to analyst estimates of $37.22 billion. During the same period in the previous year, the company posted $0.52 earnings per share. The firm’s revenue was down .5% on a year-over-year basis. On average, equities analysts anticipate that Ford Motor Company will post $1.75 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Monday, July 24th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.28%. The ex-dividend date was Thursday, July 20th. Ford Motor’s payout ratio is 63.16%.
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Several brokerages recently commented on F. Jefferies Group LLC reiterated a “hold” rating on shares of Ford Motor in a report on Sunday. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 price target on the stock. in a research note on Monday, September 4th. ValuEngine lowered Ford Motor from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BidaskClub raised Ford Motor from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Finally, Buckingham Research reissued a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a research note on Thursday, August 24th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.54.
In other Ford Motor news, insider Joseph R. Hinrichs sold 40,000 shares of Ford Motor stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $11.34, for a total transaction of $453,600.00. Following the completion of the transaction, the insider now owns 532,435 shares in the company, valued at $6,037,812.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Hau N. Thai-Tang sold 25,000 shares of Ford Motor stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $11.50, for a total value of $287,500.00. Following the transaction, the insider now owns 76,358 shares of the company’s stock, valued at approximately $878,117. The disclosure for this sale can be found here. Insiders have sold 145,624 shares of company stock valued at $1,627,964 in the last quarter. 1.08% of the stock is owned by company 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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