Ford Motor Company (F) Position Decreased by SSI Investment Management Inc.
SSI Investment Management Inc. decreased its stake in Ford Motor Company (NYSE:F) by 1.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,610 shares of the auto manufacturer’s stock after selling 167 shares during the quarter. SSI Investment Management Inc.’s holdings in Ford Motor were worth $140,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Ford Motor by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer’s stock worth $3,048,866,000 after acquiring an additional 6,013,577 shares during the period. BlackRock Inc. boosted its position in Ford Motor by 2.4% during the 2nd quarter. BlackRock Inc. now owns 234,567,920 shares of the auto manufacturer’s stock worth $2,624,814,000 after acquiring an additional 5,562,630 shares during the period. State Street Corp boosted its position in Ford Motor by 2.5% during the 1st quarter. State Street Corp now owns 162,887,426 shares of the auto manufacturer’s stock worth $1,896,009,000 after acquiring an additional 3,999,705 shares during the period. Franklin Resources Inc. boosted its position in Ford Motor by 5.7% during the 2nd quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock worth $981,407,000 after acquiring an additional 4,706,379 shares during the period. Finally, Wellington Management Group LLP boosted its position in Ford Motor by 0.5% during the 1st quarter. Wellington Management Group LLP now owns 75,771,499 shares of the auto manufacturer’s stock worth $881,979,000 after acquiring an additional 391,692 shares during the period. Institutional investors and hedge funds own 54.35% of the company’s stock.
In other Ford Motor news, insider Hau N. Thai-Tang sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $12.00, for a total value of $300,000.00. Following the sale, the insider now owns 51,358 shares in the company, valued at $616,296. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP John T. Lawler sold 80,624 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the vice president now owns 10 shares in the company, valued at approximately $110. The disclosure for this sale can be found here. Insiders have sold 195,624 shares of company stock worth $2,212,964 in the last quarter. 1.08% of the stock is currently owned by corporate insiders.
Shares of Ford Motor Company (NYSE:F) opened at 12.30 on Thursday. Ford Motor Company has a 12-month low of $10.47 and a 12-month high of $13.27. The firm has a 50-day moving average price of $11.40 and a 200-day moving average price of $11.28. The firm has a market cap of $48.85 billion, a price-to-earnings ratio of 12.95 and a beta of 1.12.
Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping 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 business had revenue of $36.93 billion for the quarter, compared to analyst estimates of $37.22 billion. During the same quarter in the prior year, the company posted $0.52 earnings per share. Ford Motor’s revenue was down .5% on a year-over-year basis. Equities research analysts anticipate that Ford Motor Company will post $1.76 EPS for the current year.
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A number of equities research analysts have commented on F shares. Piper Jaffray Companies restated a “buy” rating and set a $14.00 price objective on shares of Ford Motor in a research report on Friday, July 28th. Bank of America Corporation restated a “buy” rating and set a $12.50 price objective (down from $14.00) on shares of Ford Motor in a research report on Friday, June 16th. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 price objective for the company. in a research report on Tuesday, July 4th. Royal Bank Of Canada restated a “buy” rating on shares of Ford Motor in a research report on Tuesday, August 15th. Finally, ValuEngine upgraded Ford Motor from a “hold” rating to a “buy” rating in a research report on Monday. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have assigned a buy rating to the company’s stock. Ford Motor has an average rating of “Hold” and a consensus target price of $12.50.
Ford Motor Company 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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