Ford Motor Company $F Shares Sold by 1834 Investment Advisors Co.

Key Points

• 1834 Investment Advisors reduced its Ford stake by 30.1% in the third quarter, selling 128,323 shares and retaining 297,537 shares valued at approximately $3.59 million.
• Institutional ownership remains significant at 58.74%, with several major investors—including BlackRock, Bank of America, and Bank of New York Mellon—adding or initiating sizable positions.
• Ford shares opened at $12.45, while analysts hold a consensus “Hold” rating with an average price target of $15.36. The company reported quarterly EPS of $0.42, above estimates, and maintains a $0.15 quarterly dividend yielding about 4.8%.

1834 Investment Advisors Co. lowered its stake in Ford Motor Company (NYSE:F - Free Report) by 30.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 297,537 shares of the auto manufacturer's stock after selling 128,323 shares during the period. 1834 Investment Advisors Co.'s holdings in Ford Motor were worth $3,588,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in F. BlackRock Inc. bought a new position in Ford Motor in the second quarter worth about $4,649,131,000. Bank of America Corp DE boosted its position in Ford Motor by 318.0% during the 2nd quarter. Bank of America Corp DE now owns 72,424,686 shares of the auto manufacturer's stock valued at $1,006,703,000 after acquiring an additional 55,100,244 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Ford Motor during the 2nd quarter worth approximately $717,218,000. Deutsche Bank AG purchased a new position in shares of Ford Motor during the 2nd quarter worth approximately $267,563,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Ford Motor during the 2nd quarter worth approximately $132,567,000. Institutional investors own 58.74% of the company's stock.

Ford Motor Stock Performance

Shares of F stock opened at $12.45 on Friday. Ford Motor Company has a one year low of $11.11 and a one year high of $17.78. The company's 50-day moving average is $13.33 and its 200 day moving average is $13.56. The company has a market capitalization of $49.63 billion, a price-to-earnings ratio of -6.66, a price-to-earnings-growth ratio of 0.25 and a beta of 1.93. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.09. The company had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The firm's revenue for the quarter was down 3.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.37 EPS. Sell-side analysts expect that Ford Motor Company will post 1.86 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Tuesday, August 11th. Ford Motor's dividend payout ratio is presently -32.09%.

Wall Street Analysts Forecast Growth

F has been the subject of several research reports. UBS Group decreased their target price on Ford Motor from $17.00 to $15.00 and set a "buy" rating for the company in a research report on Wednesday, October 7th. DZ Bank upgraded Ford Motor from a "sell" rating to a "hold" rating and set a $16.00 price target on the stock in a research report on Friday, July 31st. Citigroup upgraded Ford Motor from a "neutral" rating to a "buy" rating and lifted their price target for the company from $19.00 to $20.00 in a research report on Wednesday, July 29th. BNP Paribas Exane upped their price target on Ford Motor from $14.00 to $14.50 and gave the stock a "neutral" rating in a research note on Thursday, July 30th. Finally, Weiss Ratings downgraded Ford Motor from a "buy (b)" rating to a "hold (c-)" rating in a report on Friday, October 2nd. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Ford Motor presently has an average rating of "Hold" and an average price target of $15.36.

Ford Motor Profile

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world's oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.