Global Assets Advisory LLC Trims Stock Position in Ford Motor Company $F

Key Points

• Global Assets Advisory LLC reduced its stake in Ford Motor Company by 55.5% in the second quarter, owning only 19,259 shares post-sale, valued at approximately $219,000.
• Ford reported earnings of $0.37 EPS for the last quarter, exceeding estimates of $0.33 EPS, with revenues of $50.18 billion, up 5.0% year-over-year.
• The company recently declared a quarterly dividend of $0.15 per share, resulting in a 4.7% dividend yield and a payout ratio of 76.92%.

Global Assets Advisory LLC lessened its stake in Ford Motor Company (NYSE:F - Free Report) by 55.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,259 shares of the auto manufacturer's stock after selling 23,989 shares during the period. Global Assets Advisory LLC's holdings in Ford Motor were worth $219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Advisors Capital Management LLC boosted its position in shares of Ford Motor by 9.6% in the 1st quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer's stock valued at $126,000 after purchasing an additional 1,100 shares during the period. Tounjian Advisory Partners LLC acquired a new stake in shares of Ford Motor in the first quarter valued at approximately $974,000. FORA Capital LLC purchased a new stake in Ford Motor in the 1st quarter valued at $7,398,000. Generali Investments CEE investicni spolecnost a.s. boosted its stake in Ford Motor by 25.0% during the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer's stock worth $3,009,000 after purchasing an additional 60,000 shares during the period. Finally, Teza Capital Management LLC purchased a new position in Ford Motor during the 1st quarter worth $465,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Trading Up 0.5%

Shares of F opened at $12.73 on Tuesday. The firm's 50-day moving average is $11.61 and its two-hundred day moving average is $10.85. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $12.80. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The firm has a market capitalization of $50.66 billion, a P/E ratio of 16.32, a PEG ratio of 3.64 and a beta of 1.53.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $42.91 billion. During the same quarter in the previous year, the company earned $0.47 EPS. The company's quarterly revenue was up 5.0% on a year-over-year basis. On average, research analysts predict that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were given a $0.15 dividend. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.7%. Ford Motor's payout ratio is currently 76.92%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Ford Motor in a report on Saturday, September 27th. Wells Fargo & Company upped their price objective on Ford Motor from $8.00 to $10.00 and gave the company an "underweight" rating in a research note on Friday. Dbs Bank downgraded Ford Motor from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 4th. The Goldman Sachs Group boosted their target price on Ford Motor from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Monday, September 29th. Finally, Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Two equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $11.04.

Ford Motor Company 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.

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