Plato Investment Management Ltd Lowers Stock Position in Ford Motor Company $F

Key Points

• Plato Investment Management Ltd reduced its stake in Ford Motor Company by 35.8%, selling 54,779 shares in the first quarter, leaving them with 98,220 shares valued at approximately $996,000.
• Analyst ratings for Ford Motor have been mixed, with two analysts recommending a Buy rating, twelve giving a Hold rating, and three assigning a Sell rating, leading to a consensus target price of $10.53.
• Ford recently announced a quarterly dividend of $0.15 per share, which corresponds to an annual yield of 5.1% based on a payout ratio of 76.92%.

Plato Investment Management Ltd lessened its holdings in Ford Motor Company (NYSE:F - Free Report) by 35.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,220 shares of the auto manufacturer's stock after selling 54,779 shares during the quarter. Plato Investment Management Ltd's holdings in Ford Motor were worth $996,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in F. Grove Bank & Trust boosted its holdings in Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after purchasing an additional 1,882 shares in the last quarter. Elite Financial Inc. acquired a new stake in shares of Ford Motor during the 1st quarter valued at approximately $27,000. Olde Wealth Management LLC acquired a new stake in shares of Ford Motor during the 1st quarter valued at approximately $28,000. MorganRosel Wealth Management LLC acquired a new stake in shares of Ford Motor during the 1st quarter valued at approximately $30,000. Finally, Spurstone Advisory Services LLC acquired a new stake in shares of Ford Motor during the 4th quarter valued at approximately $31,000. Hedge funds and other institutional investors own 58.74% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on F shares. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Royal Bank Of Canada lifted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a research report on Tuesday, August 5th. Dbs Bank downgraded shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a research report on Monday, August 4th. Barclays lifted their price target 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. Finally, UBS Group lifted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus target price of $10.53.

Ford Motor Trading Up 3.0%

Shares of Ford Motor stock opened at $11.76 on Friday. 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 Company has a 1 year low of $8.44 and a 1 year high of $11.99. The company has a market capitalization of $46.80 billion, a P/E ratio of 15.08, a P/E/G ratio of 3.28 and a beta of 1.52. The business has a 50 day moving average price of $11.47 and a 200 day moving average price of $10.57.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (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 firm had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. During the same period in the previous year, the firm posted $0.47 EPS. The company's quarterly revenue was up 5.0% compared to the same quarter last year. Sell-side analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor's payout ratio is presently 76.92%.

Insider Buying and Selling

In other Ford Motor 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 value of $330,000.00. Following the completion of the sale, the insider directly owned 113,939 shares of the company's stock, valued at approximately $1,253,329. The trade was a 20.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.48% of the company's stock.

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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