Founders Financial Securities LLC Takes Position in Ford Motor (NYSE:F)

Founders Financial Securities LLC acquired a new stake in Ford Motor (NYSE:F) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,228 shares of the auto manufacturer’s stock, valued at approximately $105,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Motco raised its holdings in shares of Ford Motor by 1,162.6% during the 1st quarter. Motco now owns 2,904 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 2,674 shares during the period. JNBA Financial Advisors increased its holdings in Ford Motor by 100.0% during the 1st quarter. JNBA Financial Advisors now owns 3,000 shares of the auto manufacturer’s stock worth $26,000 after purchasing an additional 1,500 shares during the last quarter. Stone House Investment Management LLC purchased a new stake in Ford Motor during the 1st quarter worth approximately $27,000. Berman Capital Advisors LLC increased its holdings in Ford Motor by 46.6% during the 1st quarter. Berman Capital Advisors LLC now owns 3,553 shares of the auto manufacturer’s stock worth $31,000 after purchasing an additional 1,130 shares during the last quarter. Finally, West Oak Capital LLC increased its holdings in Ford Motor by 46.3% during the 2nd quarter. West Oak Capital LLC now owns 3,579 shares of the auto manufacturer’s stock worth $37,000 after purchasing an additional 1,132 shares during the last quarter. 52.33% of the stock is currently owned by institutional investors and hedge funds.

Shares of F remained flat at $$9.56 during mid-day trading on Wednesday. The stock had a trading volume of 9,430,708 shares, compared to its average volume of 38,063,728. The firm has a market cap of $38.08 billion, a PE ratio of 7.35, a P/E/G ratio of 1.02 and a beta of 1.13. The company’s fifty day simple moving average is $10.07. The company has a quick ratio of 1.08, a current ratio of 1.20 and a debt-to-equity ratio of 2.86. Ford Motor has a one year low of $7.41 and a one year high of $10.56.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.32 EPS for the quarter, topping the consensus estimate of $0.30 by $0.02. The company had revenue of $35.91 billion during the quarter, compared to analyst estimates of $35.21 billion. Ford Motor had a return on equity of 14.92% and a net margin of 1.37%. The business’s revenue was up .4% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 EPS. Analysts forecast that Ford Motor will post 1.28 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Tuesday, July 23rd will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, July 22nd. This represents a $0.60 annualized dividend and a dividend yield of 6.28%. Ford Motor’s payout ratio is 46.15%.

In related news, insider James D. Farley, Jr. sold 45,000 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $9.56, for a total transaction of $430,200.00. Following the completion of the transaction, the insider now owns 541,753 shares in the company, valued at approximately $5,179,158.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John C. Lechleiter acquired 10,000 shares of Ford Motor stock in a transaction that occurred on Friday, May 10th. The shares were bought at an average price of $10.32 per share, with a total value of $103,200.00. Following the transaction, the director now directly owns 55,000 shares in the company, valued at $567,600. The disclosure for this purchase can be found here. In the last quarter, insiders bought 30,200 shares of company stock valued at $299,262 and sold 115,000 shares valued at $1,137,650. 0.83% of the stock is currently owned by company insiders.

Several equities research analysts have issued reports on F shares. Credit Suisse Group started coverage on Magna International in a report on Wednesday, June 26th. They set a “neutral” rating and a $55.00 price objective on the stock. Zacks Investment Research downgraded German American Bancorp. from a “buy” rating to a “hold” rating in a report on Tuesday, April 30th. Jefferies Financial Group dropped their price objective on CommVault Systems to $65.00 and set a “buy” rating on the stock in a report on Tuesday, April 30th. They noted that the move was a valuation call. Morgan Stanley set a $10.00 price objective on Ford Motor and gave the stock a “hold” rating in a report on Friday, April 26th. Finally, ValuEngine downgraded Welbilt from a “hold” rating to a “sell” rating in a report on Friday, July 26th. Four research analysts have rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $10.33.

Ford Motor Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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