Frank Rimerman Advisors LLC Cuts Stock Position in Ford Motor Company (NYSE:F)

Frank Rimerman Advisors LLC cut its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 37.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,279 shares of the auto manufacturer's stock after selling 22,473 shares during the quarter. Frank Rimerman Advisors LLC's holdings in Ford Motor were worth $374,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Donoghue Forlines LLC raised its holdings in Ford Motor by 1.8% during the first quarter. Donoghue Forlines LLC now owns 151,687 shares of the auto manufacturer's stock valued at $1,521,000 after acquiring an additional 2,676 shares during the period. Townsquare Capital LLC raised its position in shares of Ford Motor by 28.3% during the first quarter. Townsquare Capital LLC now owns 106,871 shares of the auto manufacturer's stock valued at $1,072,000 after buying an additional 23,604 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of Ford Motor during the first quarter valued at approximately $56,000. AlphaCore Capital LLC raised its position in shares of Ford Motor by 10.3% during the first quarter. AlphaCore Capital LLC now owns 68,604 shares of the auto manufacturer's stock valued at $688,000 after buying an additional 6,410 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Ford Motor by 14.6% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 6,965,867 shares of the auto manufacturer's stock valued at $69,868,000 after buying an additional 886,371 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Up 0.5%

Shares of NYSE F opened at $11.34 on Monday. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $11.97. The business's 50 day moving average is $11.00 and its two-hundred day moving average is $10.26. The stock has a market capitalization of $45.13 billion, a P/E ratio of 14.54, a PEG ratio of 3.27 and a beta of 1.48. 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 (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%. The business had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. During the same quarter in the previous year, the business earned $0.47 earnings per share. The company's revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, research analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 16th. Royal Bank Of Canada boosted their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research report on Tuesday, August 5th. Citigroup boosted their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. JPMorgan Chase & Co. boosted their target price on Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. Finally, UBS Group boosted their target price on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $10.53.

Insider Activity

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the transaction, the insider owned 113,939 shares in the company, valued at $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is owned by company insiders.

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.

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