Vident Advisory LLC Grows Stock Holdings in Ford Motor Company $F

Key Points

• Vident Advisory LLC significantly increased its stake in Ford Motor Company by 136.7%, acquiring an additional 160,803 shares, bringing its total holdings to 278,450 shares valued at approximately $2.79 million.
• The company reported $50.18 billion in revenue for the last quarter, outperforming analysts' expectations of $42.91 billion, with earnings per share of $0.37 compared to a forecast of $0.33.
• Ford Motor has declared a quarterly dividend of $0.15 per share, amounting to an annualized payout of $0.60 and offering a dividend yield of 5.1%.

Vident Advisory LLC raised its stake in Ford Motor Company (NYSE:F - Free Report) by 136.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 278,450 shares of the auto manufacturer's stock after purchasing an additional 160,803 shares during the period. Vident Advisory LLC's holdings in Ford Motor were worth $2,793,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. 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 valued at $25,000 after purchasing an additional 1,882 shares in the last quarter. Elite Financial Inc. bought a new stake in Ford Motor during the 1st quarter valued at $27,000. Olde Wealth Management LLC bought a new stake in Ford Motor during the 1st quarter valued at $28,000. MorganRosel Wealth Management LLC purchased a new position in Ford Motor during the 1st quarter worth $30,000. Finally, Spurstone Advisory Services LLC purchased a new position in Ford Motor during the 4th quarter worth $31,000. 58.74% of the stock is owned by institutional investors.

Insiders Place Their Bets

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 transaction of $330,000.00. Following the transaction, the insider 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.48% of the stock is owned by corporate insiders.

Ford Motor Stock Performance

NYSE F traded up $0.09 during trading hours on Monday, hitting $11.80. 44,049,553 shares of the company's stock traded hands, compared to its average volume of 54,192,904. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $11.99. The firm has a market capitalization of $46.94 billion, a P/E ratio of 15.12, a P/E/G ratio of 3.38 and a beta of 1.52. The business's fifty day moving average price is $11.38 and its two-hundred day moving average price is $10.46.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. During the same quarter in the previous year, the firm earned $0.47 earnings per share. The company's revenue for the quarter was up 5.0% on a year-over-year basis. Equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on F shares. JPMorgan Chase & Co. lifted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Dbs Bank downgraded shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. Royal Bank Of Canada boosted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 5th. UBS Group increased their target price on shares of Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Finally, Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, Ford Motor has an average rating of "Reduce" and a consensus target price of $10.53.

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.