Scotia Capital Inc. Has $2.07 Million Position in Ford Motor (NYSE:F)

Scotia Capital Inc. reduced its position in shares of Ford Motor (NYSE:F) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 202,535 shares of the auto manufacturer’s stock after selling 8,270 shares during the period. Scotia Capital Inc.’s holdings in Ford Motor were worth $2,072,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its holdings in Ford Motor by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 52,343,847 shares of the auto manufacturer’s stock worth $399,887,000 after purchasing an additional 3,950,938 shares during the last quarter. Northern Trust Corp lifted its holdings in Ford Motor by 2.8% during the 2nd quarter. Northern Trust Corp now owns 43,617,641 shares of the auto manufacturer’s stock worth $446,209,000 after purchasing an additional 1,205,035 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Ford Motor by 1.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 32,964,458 shares of the auto manufacturer’s stock worth $337,227,000 after purchasing an additional 348,271 shares during the last quarter. LSV Asset Management lifted its holdings in Ford Motor by 12.9% during the 2nd quarter. LSV Asset Management now owns 27,852,963 shares of the auto manufacturer’s stock worth $284,935,000 after purchasing an additional 3,176,786 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Ford Motor by 4.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 21,475,034 shares of the auto manufacturer’s stock worth $219,690,000 after purchasing an additional 912,442 shares during the last quarter. 53.86% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have weighed in on F shares. ValuEngine cut Ford Motor from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 4th. Goldman Sachs Group set a $13.00 price objective on Ford Motor and gave the company a “buy” rating in a report on Thursday, June 13th. TheStreet cut Ford Motor from a “b-” rating to a “c” rating in a report on Friday, July 26th. Credit Suisse Group cut Ford Motor to an “outperform” rating and set a $12.00 price objective for the company. in a report on Wednesday. Finally, Morgan Stanley raised Ford Motor from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $10.00 to $12.00 in a report on Tuesday, August 6th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $10.33.

In other news, Chairman William Clay Ford, Jr. acquired 840,962 shares of Ford Motor stock in a transaction that occurred on Thursday, August 1st. The shares were acquired at an average price of $9.51 per share, for a total transaction of $7,997,548.62. Following the transaction, the chairman now directly owns 1,100,617 shares of the company’s stock, valued at approximately $10,466,867.67. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO James P. Hackett sold 20,000 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $9.16, for a total value of $183,200.00. Following the sale, the chief executive officer now owns 174,575 shares in the company, valued at approximately $1,599,107. The disclosure for this sale can be found here. Insiders have sold a total of 115,000 shares of company stock valued at $1,128,650 in the last three months. 0.83% of the stock is owned by insiders.

Shares of Ford Motor stock traded up $0.04 during trading on Friday, reaching $9.45. 25,923,352 shares of the company’s stock were exchanged, compared to its average volume of 30,899,110. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.08 and a current ratio of 1.20. Ford Motor has a 1-year low of $7.41 and a 1-year high of $10.56. The company has a market cap of $37.58 billion, a P/E ratio of 7.27, a PEG ratio of 1.00 and a beta of 1.14. The firm’s 50-day moving average price is $9.23 and its 200 day moving average price is $9.53.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. Ford Motor had a return on equity of 14.92% and a net margin of 1.37%. The company had revenue of $35.91 billion during the quarter, compared to analysts’ expectations of $35.21 billion. During the same quarter in the previous year, the firm earned $0.27 EPS. Ford Motor’s revenue was up .4% on a year-over-year basis. As a group, equities research analysts predict that Ford Motor will post 1.29 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Tuesday, July 23rd were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.35%. Ford Motor’s dividend payout ratio (DPR) is currently 46.15%.

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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