9,460 Shares in Ford Motor Company (F) Acquired by Captrust Financial Advisors
Captrust Financial Advisors bought a new position in Ford Motor Company (NYSE:F) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,460 shares of the auto manufacturer’s stock, valued at approximately $106,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Ford Motor by 2,991.4% in the first quarter. BlackRock Inc. now owns 229,005,290 shares of the auto manufacturer’s stock worth $2,665,619,000 after buying an additional 221,597,419 shares during the period. Pzena Investment Management LLC grew its holdings in shares of Ford Motor by 38.4% during the second quarter. Pzena Investment Management LLC now owns 23,812,718 shares of the auto manufacturer’s stock valued at $266,464,000 after buying an additional 6,611,425 shares in the last quarter. Vanguard Group Inc. raised its position in Ford Motor by 2.3% during the first quarter. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer’s stock valued at $3,048,866,000 after buying an additional 6,013,577 shares during the period. Franklin Resources Inc. raised its position in Ford Motor by 5.7% during the second quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock valued at $981,407,000 after buying an additional 4,706,379 shares during the period. Finally, Morgan Stanley raised its position in Ford Motor by 11.5% during the first quarter. Morgan Stanley now owns 39,103,837 shares of the auto manufacturer’s stock valued at $455,168,000 after buying an additional 4,040,717 shares during the period. Institutional investors own 54.35% of the company’s stock.
In other news, VP John T. Lawler sold 80,624 shares of Ford Motor stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total value of $886,864.00. Following the completion of 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 Hau N. Thai-Tang sold 25,000 shares of Ford Motor stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $12.00, for a total transaction of $300,000.00. Following the completion of the transaction, the insider now directly owns 51,358 shares of the company’s stock, valued at approximately $616,296. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 195,624 shares of company stock valued at $2,212,964. Corporate insiders own 1.08% of the company’s stock.
Ford Motor Company (F) opened at 12.34 on Wednesday. Ford Motor Company has a one year low of $10.47 and a one year high of $13.27. The firm has a market cap of $49.01 billion, a P/E ratio of 12.99 and a beta of 1.12. The firm’s 50-day moving average price is $11.36 and its 200 day moving average price is $11.27.
Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, beating the 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 firm had revenue of $36.93 billion during the quarter, compared to analysts’ expectations of $37.22 billion. During the same period in the prior year, the firm posted $0.52 earnings per share. The business’s quarterly revenue was down .5% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor Company will post $1.76 EPS for the current year.
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Several brokerages recently issued reports on F. Wolfe Research began coverage on Ford Motor in a research note on Tuesday, June 13th. They issued a “market perform” rating for the company. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 price objective for the company. in a research report on Monday, September 4th. Berenberg Bank set a $10.00 target price on Ford Motor and gave the company a “sell” rating in a research note on Monday, August 14th. BidaskClub raised Ford Motor from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $14.00 target price on shares of Ford Motor in a report on Friday, July 28th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the company. Ford Motor has a consensus rating of “Hold” and a consensus price target of $12.45.
Ford Motor Profile
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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