Invst LLC Sells 51,669 Shares of Ford Motor (NYSE:F)

Invst LLC decreased its stake in Ford Motor (NYSE:F) by 79.9% during the first quarter, Holdings Channel.com reports. The institutional investor owned 12,996 shares of the auto manufacturer’s stock after selling 51,669 shares during the quarter. Invst LLC’s holdings in Ford Motor were worth $173,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. PFG Advisors boosted its stake in shares of Ford Motor by 11.5% in the 4th quarter. PFG Advisors now owns 27,410 shares of the auto manufacturer’s stock valued at $334,000 after purchasing an additional 2,818 shares in the last quarter. Oak Thistle LLC purchased a new stake in shares of Ford Motor in the 4th quarter valued at $195,000. Independence Bank of Kentucky boosted its stake in shares of Ford Motor by 43.5% in the 4th quarter. Independence Bank of Kentucky now owns 32,975 shares of the auto manufacturer’s stock valued at $402,000 after purchasing an additional 10,000 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC boosted its stake in shares of Ford Motor by 5.0% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 24,927 shares of the auto manufacturer’s stock valued at $303,000 after purchasing an additional 1,182 shares in the last quarter. Finally, Trust Point Inc. purchased a new stake in shares of Ford Motor in the 4th quarter valued at $357,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 6.2 %

Shares of Ford Motor stock traded down $0.66 during trading on Friday, hitting $10.03. The company’s stock had a trading volume of 110,703,005 shares, compared to its average volume of 73,132,552. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The company has a fifty day simple moving average of $12.40 and a two-hundred day simple moving average of $12.37. The company has a market capitalization of $39.87 billion, a PE ratio of 10.35, a P/E/G ratio of 0.75 and a beta of 1.62. Ford Motor has a 52 week low of $9.63 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 earnings per share. Equities research analysts predict that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.98%. Ford Motor’s dividend payout ratio is currently 61.86%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on F. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday. Citigroup increased their price target on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Sanford C. Bernstein began coverage on shares of Ford Motor in a report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price objective for the company. Finally, Royal Bank of Canada upped their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $13.75.

Insider Buying and Selling at Ford Motor

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares in the company, valued at approximately $2,038,386.09. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.80% 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.