Ford Motor Company (NYSE:F) Stake Reduced by Pathstone Family Office LLC

Pathstone Family Office LLC decreased its stake in shares of Ford Motor Company (NYSE:F) by 10.2% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 149,108 shares of the auto manufacturer’s stock after selling 16,967 shares during the period. Ford Motor comprises 1.0% of Pathstone Family Office LLC’s investment portfolio, making the stock its 12th largest position. Pathstone Family Office LLC’s holdings in Ford Motor were worth $1,736,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Ford Motor by 2.3% in the first quarter. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer’s stock worth $3,048,866,000 after buying an additional 6,013,577 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Ford Motor by 0.5% in the first quarter. Wellington Management Group LLP now owns 75,771,499 shares of the auto manufacturer’s stock worth $881,979,000 after buying an additional 391,692 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Ford Motor by 10.8% in the first quarter. Geode Capital Management LLC now owns 40,887,644 shares of the auto manufacturer’s stock worth $475,306,000 after buying an additional 3,978,850 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Ford Motor by 5.2% in the first quarter. Legal & General Group Plc now owns 21,358,943 shares of the auto manufacturer’s stock worth $248,622,000 after buying an additional 1,059,764 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its stake in shares of Ford Motor by 1.4% in the first quarter. TIAA CREF Investment Management LLC now owns 15,841,531 shares of the auto manufacturer’s stock worth $184,395,000 after buying an additional 212,027 shares during the last quarter. 55.38% of the stock is currently owned by institutional investors.

Ford Motor Company (NYSE:F) opened at 10.56 on Friday. The firm has a 50-day moving average price of $11.19 and a 200 day moving average price of $11.53. Ford Motor Company has a one year low of $10.47 and a one year high of $13.27. The firm has a market capitalization of $41.94 billion, a PE ratio of 11.12 and a beta of 1.11.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.13. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The company had revenue of $36.93 billion during the quarter, compared to analyst estimates of $37.22 billion. During the same period in the previous year, the business earned $0.52 EPS. The firm’s revenue for the quarter was down .5% on a year-over-year basis. Analysts anticipate that Ford Motor Company will post $1.75 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, July 24th will be issued a $0.15 dividend. The ex-dividend date is Thursday, July 20th. This represents a $0.60 dividend on an annualized basis and a yield of 5.68%. Ford Motor’s payout ratio is currently 63.16%.

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F has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Ford Motor from a “strong sell” rating to a “hold” rating in a report on Monday, April 24th. Nomura reiterated a “buy” rating and set a $14.80 price target on shares of Ford Motor in a report on Tuesday, May 2nd. Royal Bank Of Canada restated a “buy” rating and issued a $14.00 target price on shares of Ford Motor in a research note on Friday, May 5th. Jefferies Group LLC restated a “hold” rating and issued a $12.00 target price on shares of Ford Motor in a research note on Monday, May 22nd. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $14.00 price target on shares of Ford Motor in a research report on Wednesday, May 24th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned 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 $12.60.

In other news, VP John T. Lawler sold 80,624 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total transaction of $886,864.00. Following the completion of the sale, the vice president now owns 10 shares of the company’s stock, valued at approximately $110. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider James D. Farley, Jr. sold 25,000 shares of the business’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $11.16, for a total transaction of $279,000.00. Following the sale, the insider now directly owns 428,411 shares of the company’s stock, valued at approximately $4,781,066.76. The disclosure for this sale can be found here. 1.08% of the stock is owned by insiders.

Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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