Ameritas Investment Partners Inc. Lowers Stake in Ford Motor Company (F)
Ameritas Investment Partners Inc. reduced its position in shares of Ford Motor Company (NYSE:F) by 1.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 90,061 shares of the auto manufacturer’s stock after selling 1,582 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Ford Motor were worth $1,007,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bridgewater Associates LP bought a new position in shares of Ford Motor during the 1st quarter valued at approximately $2,342,000. Mathes Company Inc. bought a new position in shares of Ford Motor during the 2nd quarter valued at approximately $571,000. CWA Asset Management Group LLC bought a new position in shares of Ford Motor during the 1st quarter valued at approximately $122,000. AE Wealth Management LLC boosted its position in shares of Ford Motor by 37.5% during the 1st quarter. AE Wealth Management LLC now owns 170,943 shares of the auto manufacturer’s stock valued at $1,990,000 after acquiring an additional 46,598 shares during the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH boosted its position in shares of Ford Motor by 133.0% during the 1st quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 584,761 shares of the auto manufacturer’s stock valued at $6,805,000 after acquiring an additional 333,821 shares during the last quarter. Hedge funds and other institutional investors own 54.33% of the company’s stock.
Ford Motor Company (NYSE:F) opened at 12.23 on Friday. The stock’s 50 day moving average price is $11.87 and its 200-day moving average price is $11.32. Ford Motor Company has a 52-week low of $10.47 and a 52-week high of $13.27. The company has a market cap of $48.57 billion, a P/E ratio of 12.87 and a beta of 1.12.
Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.13. The firm had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.52 EPS. On average, equities analysts predict that Ford Motor Company will post $1.75 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, October 23rd will be issued a $0.15 dividend. The ex-dividend date is Friday, October 20th. This represents a $0.60 annualized dividend and a dividend yield of 4.91%. Ford Motor’s dividend payout ratio is presently 63.16%.
In other Ford Motor news, insider Hau N. Thai-Tang sold 25,000 shares of the company’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $11.50, for a total transaction of $287,500.00. Following the sale, the insider now owns 76,358 shares in the company, valued at approximately $878,117. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP John T. Lawler sold 80,624 shares of the company’s stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total value of $886,864.00. Following 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 sold a total of 217,700 shares of company stock worth $2,486,044 in the last quarter. Company insiders own 1.08% of the company’s stock.
Several analysts recently weighed in on the company. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 price target on the stock. in a report on Tuesday, July 4th. Buckingham Research restated a “hold” rating and set a $11.00 price target on shares of Ford Motor in a report on Thursday, August 24th. Royal Bank Of Canada restated a “buy” rating on shares of Ford Motor in a report on Tuesday, August 15th. FIG Partners restated a “hold” rating on shares of Ford Motor in a report on Monday, October 9th. Finally, Instinet lowered Ford Motor from a “buy” rating to a “neutral” rating and decreased their price target for the company from $14.80 to $11.60 in a report on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $12.44.
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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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