Blair William & Co. IL Sells 62,566 Shares of Ford Motor Company (NYSE:F)

Key Points

• Blair William & Co. IL reduced its holdings in Ford Motor by 26.7%, owning 171,380 shares worth approximately $1.72 million after selling 62,566 shares in the 1st quarter.
• Ford Motor reported earnings of $0.37 per share for the last quarter, exceeding expectations, and had a revenue of $50.18 billion, up 5% year-over-year.
• The company declared a quarterly dividend of $0.15 to be paid on September 2, representing an annual yield of 5.3%.

Blair William & Co. IL decreased its holdings in Ford Motor Company (NYSE:F - Free Report) by 26.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,380 shares of the auto manufacturer's stock after selling 62,566 shares during the period. Blair William & Co. IL's holdings in Ford Motor were worth $1,719,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Pacer Advisors Inc. lifted its holdings in shares of Ford Motor by 6,915.1% in the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock worth $492,253,000 after buying an additional 48,378,444 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Ford Motor by 88.0% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after acquiring an additional 10,535,335 shares during the period. Voloridge Investment Management LLC lifted its stake in Ford Motor by 2,905.1% in the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock worth $79,096,000 after purchasing an additional 7,723,601 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Ford Motor by 21.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 29,642,389 shares of the auto manufacturer's stock valued at $293,460,000 after purchasing an additional 5,295,086 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after purchasing an additional 4,925,993 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the transaction, the insider owned 113,939 shares in the company, valued at approximately $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.48% of the company's stock.

Wall Street Analyst Weigh In

F has been the topic of several research analyst reports. The Goldman Sachs Group upped their price target on shares of Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. Royal Bank Of Canada upped their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research note on Tuesday. Dbs Bank cut Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $10.53.

Ford Motor Trading Up 0.5%

Ford Motor stock traded up $0.06 during mid-day trading on Friday, hitting $11.34. The company's stock had a trading volume of 48,394,478 shares, compared to its average volume of 69,526,480. The business has a 50 day moving average price of $11.00 and a 200-day moving average price of $10.25. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $11.97. The stock has a market cap of $45.13 billion, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 3.27 and a beta of 1.48.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. The company had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%. Ford Motor's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.47 EPS. As a group, analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Monday, August 11th. Ford Motor's dividend payout ratio is 76.92%.

About Ford Motor

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.