Klingman & Associates LLC Sells 12,644 Shares of Ford Motor Company $F

Klingman & Associates LLC reduced its position in shares of Ford Motor Company (NYSE:F) by 51.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,131 shares of the auto manufacturer’s stock after selling 12,644 shares during the period. Klingman & Associates LLC’s holdings in Ford Motor were worth $132,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in F. Trust Co. of Toledo NA OH bought a new position in shares of Ford Motor during the second quarter valued at about $25,000. Elite Financial Inc. bought a new stake in Ford Motor in the first quarter worth about $27,000. Olde Wealth Management LLC bought a new stake in Ford Motor in the first quarter worth about $28,000. MorganRosel Wealth Management LLC bought a new stake in Ford Motor in the first quarter worth about $30,000. Finally, WPG Advisers LLC bought a new stake in Ford Motor in the first quarter worth about $33,000. 58.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have commented on F shares. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ford Motor in a research report on Tuesday, October 14th. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and lifted their price objective for the stock from $9.00 to $12.00 in a research report on Monday, October 6th. Royal Bank Of Canada boosted 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. Finally, Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $11.11.

Ford Motor Stock Up 4.8%

Shares of NYSE F opened at $12.57 on Wednesday. The firm has a fifty day simple moving average of $11.77 and a two-hundred day simple moving average of $10.98. The firm has a market capitalization of $50.03 billion, a PE ratio of 16.12, a price-to-earnings-growth ratio of 3.49 and a beta of 1.53. 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 12 month low of $8.44 and a 12 month high of $12.80.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. The firm had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.47 EPS. Equities analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.8%. Ford Motor’s dividend payout ratio is currently 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.