Osmosis Investment Management UK Ltd Cuts Stock Holdings in Ford Motor Company $F

Osmosis Investment Management UK Ltd lowered its position in Ford Motor Company (NYSE:F) by 36.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 308,439 shares of the auto manufacturer’s stock after selling 179,311 shares during the period. Osmosis Investment Management UK Ltd’s holdings in Ford Motor were worth $4,287,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. E20 Capital Ltd purchased a new position in shares of Ford Motor during the 2nd quarter worth approximately $57,991,000. Meiji Yasuda Asset Management Co Ltd. lifted its holdings in shares of Ford Motor by 4.8% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,160 shares of the auto manufacturer’s stock valued at $308,000 after buying an additional 1,025 shares during the period. Arete Wealth Advisors LLC purchased a new stake in shares of Ford Motor in the second quarter valued at approximately $3,285,000. Bank of Nova Scotia boosted its stake in shares of Ford Motor by 337.4% in the second quarter. Bank of Nova Scotia now owns 2,633,643 shares of the auto manufacturer’s stock valued at $36,608,000 after buying an additional 2,031,576 shares in the last quarter. Finally, Kendall Capital Management grew its holdings in Ford Motor by 30.4% during the second quarter. Kendall Capital Management now owns 139,258 shares of the auto manufacturer’s stock worth $1,936,000 after acquiring an additional 32,453 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of F stock opened at $14.44 on Monday. The stock has a fifty day moving average price of $14.12 and a 200 day moving average price of $13.51. The stock has a market cap of $57.58 billion, a PE ratio of -7.72, a P/E/G ratio of 0.30 and a beta of 1.82. Ford Motor Company has a 1 year low of $11.11 and a 1 year high of $17.78. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the prior year, the company earned $0.37 earnings per share. Ford Motor’s revenue was down 3.8% compared to the same quarter last year. Sell-side analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a $0.15 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.2%. Ford Motor’s payout ratio is currently -32.09%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on F shares. UBS Group increased their price objective on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Wells Fargo & Company boosted their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th. Morgan Stanley reaffirmed an “equal weight” rating and set a $14.00 price target on shares of Ford Motor in a research note on Wednesday, May 13th. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Citigroup upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their price objective for the company from $19.00 to $20.00 in a research note on Wednesday, July 29th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $15.68.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.