Ford Motor (NYSE:F) Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC cut its position in Ford Motor (NYSE:F) by 54.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,306 shares of the auto manufacturer’s stock after selling 59,541 shares during the period. Krilogy Financial LLC’s holdings in Ford Motor were worth $631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Newport Trust Company LLC lifted its stake in shares of Ford Motor by 4.5% in the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock valued at $1,891,610,000 after purchasing an additional 6,667,808 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock valued at $1,068,596,000 after acquiring an additional 269,887 shares during the last quarter. Fisher Asset Management LLC increased its holdings in shares of Ford Motor by 6.3% in the 4th quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock valued at $721,065,000 after acquiring an additional 3,522,965 shares during the last quarter. Norges Bank purchased a new position in shares of Ford Motor in the 4th quarter valued at about $475,899,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Ford Motor by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 27,314,520 shares of the auto manufacturer’s stock valued at $333,014,000 after acquiring an additional 528,823 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insiders Place Their Bets

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the transaction, the director now owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.80% of the stock is currently owned by company insiders.

Ford Motor Price Performance

NYSE F traded up $0.17 during mid-day trading on Wednesday, hitting $10.85. The stock had a trading volume of 48,479,980 shares, compared to its average volume of 54,706,496. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a market cap of $43.32 billion, a price-to-earnings ratio of 11.13, a P/E/G ratio of 0.75 and a beta of 1.62. The company has a 50 day simple moving average of $11.96 and a 200 day simple moving average of $12.28. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. During the same period in the previous year, the business earned $0.72 earnings per share. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. Equities analysts forecast that Ford Motor will post 1.94 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.53%. The ex-dividend date of this dividend is Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Analyst Ratings Changes

A number of research analysts have recently commented on F shares. Royal Bank of Canada dropped their price objective on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday, August 12th. Sanford C. Bernstein started coverage on Ford Motor in a report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price objective on the stock. Barclays dropped their price objective on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Evercore ISI raised Ford Motor to a “hold” rating in a research report on Friday, July 26th. Finally, UBS Group increased their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus price target of $13.48.

Ford Motor Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.