MetLife Investment Management LLC Trims Holdings in Ford Motor Company $F

Key Points

• MetLife Investment Management LLC reduced its holdings in Ford Motor Company by 2.1%, leaving them with 1,011,638 shares valued at approximately $10.1 million.
• Ford's stock analysts show mixed ratings, with two buy ratings, twelve holds, and three sells, while the average consensus target price stands at $10.53.
• The company recently announced a quarterly dividend of $0.15 per share, yielding 5.1% annually, with the dividend payout ratio at 76.92%.

MetLife Investment Management LLC reduced its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 2.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,011,638 shares of the auto manufacturer's stock after selling 21,930 shares during the quarter. MetLife Investment Management LLC's holdings in Ford Motor were worth $10,147,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Atlas Capital Advisors Inc. lifted its stake in Ford Motor by 21.2% during the first quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer's stock worth $57,000 after purchasing an additional 989 shares during the last quarter. Kovack Advisors Inc. lifted its stake in Ford Motor by 1.7% during the first quarter. Kovack Advisors Inc. now owns 62,199 shares of the auto manufacturer's stock worth $624,000 after purchasing an additional 1,035 shares during the last quarter. Partners Wealth Management LLC lifted its stake in Ford Motor by 8.4% during the first quarter. Partners Wealth Management LLC now owns 13,903 shares of the auto manufacturer's stock worth $139,000 after purchasing an additional 1,082 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its stake in Ford Motor by 7.6% during the first quarter. NorthCrest Asset Manangement LLC now owns 16,203 shares of the auto manufacturer's stock worth $163,000 after purchasing an additional 1,140 shares during the last quarter. Finally, Lineweaver Wealth Advisors LLC lifted its stake in Ford Motor by 4.3% during the first quarter. Lineweaver Wealth Advisors LLC now owns 27,555 shares of the auto manufacturer's stock worth $276,000 after purchasing an additional 1,142 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Dbs Bank cut Ford Motor from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 4th. Citigroup raised their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Royal Bank Of Canada raised their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research note on Tuesday, August 5th. UBS Group raised 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. Finally, Jefferies Financial Group raised their target price on Ford Motor from $8.00 to $9.00 and gave the company an "underperform" rating in a research note on Monday, August 11th. Two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus target price of $10.53.

Insider Transactions at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the insider directly owned 113,939 shares of the company's stock, valued at $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 is available at the SEC website. 0.48% of the stock is currently owned by insiders.

Ford Motor Price Performance

Shares of F opened at $11.83 on Wednesday. The firm has a market capitalization of $47.08 billion, a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 3.38 and a beta of 1.48. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. Ford Motor Company has a one year low of $8.44 and a one year high of $11.97. The stock's fifty day moving average is $11.27 and its 200-day moving average is $10.38.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. The company had revenue of $50.18 billion for 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%.The company's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $0.47 earnings per share. Equities analysts anticipate that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is 76.92%.

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.

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