SFE Investment Counsel Has $2.98 Million Stock Position in Ford Motor Company (NYSE:F)

SFE Investment Counsel reduced its holdings in Ford Motor Company (NYSE:F - Free Report) by 28.2% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 296,815 shares of the auto manufacturer's stock after selling 116,765 shares during the quarter. SFE Investment Counsel's holdings in Ford Motor were worth $2,977,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Grove Bank & Trust increased its stake in Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after acquiring an additional 1,882 shares during the period. Elite Financial Inc. purchased a new position in shares of Ford Motor during the 1st quarter valued at $27,000. Olde Wealth Management LLC purchased a new position in shares of Ford Motor in the first quarter worth about $28,000. MorganRosel Wealth Management LLC purchased a new stake in shares of Ford Motor in the 1st quarter valued at about $30,000. Finally, Spurstone Advisory Services LLC purchased a new position in Ford Motor in the 4th quarter worth $31,000. Institutional investors own 58.74% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on F. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. UBS Group lifted their target price on Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Citigroup raised their price objective on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Barclays boosted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 16th. Finally, JPMorgan Chase & Co. upped their price objective on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $10.37.

Insider Activity

In other news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the transaction, the insider directly owned 113,939 shares in the company, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.48% of the company's stock.

Ford Motor Stock Up 1.8%

Shares of NYSE F traded up $0.21 during trading hours on Friday, hitting $11.47. The stock had a trading volume of 52,268,568 shares, compared to its average volume of 79,838,680. The company has a market capitalization of $45.59 billion, a P/E ratio of 9.17, a P/E/G ratio of 3.30 and a beta of 1.49. The firm's 50-day moving average price is $10.85 and its two-hundred day moving average price is $10.16. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $11.97.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The firm's revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 earnings per share. Analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were issued a $0.15 dividend. The ex-dividend date was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.23%. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

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.