Ford Motor Company (F) Position Raised by Aperio Group LLC
Aperio Group LLC increased its position in shares of Ford Motor Company (NYSE:F) by 12.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,003,335 shares of the auto manufacturer’s stock after purchasing an additional 108,276 shares during the period. Aperio Group LLC’s holdings in Ford Motor were worth $12,010,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the stock. JFS Wealth Advisors LLC raised its holdings in Ford Motor by 0.3% during the second quarter. JFS Wealth Advisors LLC now owns 10,997 shares of the auto manufacturer’s stock worth $123,000 after purchasing an additional 33 shares in the last quarter. FNY Managed Accounts LLC raised its holdings in Ford Motor by 0.3% during the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock worth $120,000 after purchasing an additional 34 shares in the last quarter. Donaldson Capital Management LLC raised its holdings in Ford Motor by 0.3% during the second quarter. Donaldson Capital Management LLC now owns 13,851 shares of the auto manufacturer’s stock worth $155,000 after purchasing an additional 43 shares in the last quarter. Gainplan LLC raised its holdings in Ford Motor by 0.4% during the second quarter. Gainplan LLC now owns 11,072 shares of the auto manufacturer’s stock worth $124,000 after purchasing an additional 45 shares in the last quarter. Finally, Berson & Corrado Investment Advisors LLC raised its holdings in Ford Motor by 0.5% during the second quarter. Berson & Corrado Investment Advisors LLC now owns 14,270 shares of the auto manufacturer’s stock worth $160,000 after purchasing an additional 70 shares in the last quarter. 54.22% of the stock is currently owned by hedge funds and other institutional investors.
Several equities research analysts recently commented on F shares. BidaskClub raised Ford Motor from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Vetr raised Ford Motor from a “buy” rating to a “strong-buy” rating and set a $12.60 target price on the stock in a report on Thursday, July 6th. Zacks Investment Research cut Ford Motor from a “hold” rating to a “strong sell” rating in a report on Monday, July 10th. Piper Jaffray Companies reissued a “buy” rating and set a $14.00 target price on shares of Ford Motor in a report on Friday, July 28th. Finally, Nomura reaffirmed a “neutral” rating and issued a $11.60 price target (down previously from $14.00) on shares of Ford Motor in a report on Friday, August 4th. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.63.
In related news, insider Hau N. Thai-Tang sold 25,000 shares of the firm’s stock in a transaction on Monday, September 25th. The shares were sold at an average price of $12.00, for a total transaction of $300,000.00. Following the sale, the insider now directly owns 51,358 shares in the company, valued at $616,296. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Steven R. Armstrong sold 22,076 shares of the firm’s stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $12.37, for a total transaction of $273,080.12. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 137,076 shares of company stock worth $1,599,180. 1.08% of the stock is currently owned by company insiders.
Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The company had revenue of $33.65 billion for the quarter, compared to analyst estimates of $32.80 billion. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period last year, the business posted $0.26 earnings per share.
The business 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 dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.89%. Ford Motor’s payout ratio is 54.55%.
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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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