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.

ILLEGAL ACTIVITY WARNING: This article was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright law. The correct version of this article can be read at https://www.thecerbatgem.com/2017/10/05/ford-motor-company-f-position-decreased-by-ssi-investment-management-inc.html.

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.

Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:F).

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

Receive News & Stock Ratings for Ford Motor Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor Company and related stocks with our FREE daily email newsletter.