Ford Motor Company (F) Position Reduced by American International Group Inc.

American International Group Inc. lessened its stake in Ford Motor Company (NYSE:F) by 2.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,647,381 shares of the auto manufacturer’s stock after selling 41,711 shares during the period. American International Group Inc.’s holdings in Ford Motor were worth $19,719,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in F. CWA Asset Management Group LLC bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $122,000. Schwab Charles Investment Management Inc. lifted its holdings in shares of Ford Motor by 8.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 14,616,542 shares of the auto manufacturer’s stock worth $163,560,000 after acquiring an additional 1,193,656 shares during the last quarter. Candriam Luxembourg S.C.A. lifted its holdings in shares of Ford Motor by 10.0% in the 2nd quarter. Candriam Luxembourg S.C.A. now owns 348,886 shares of the auto manufacturer’s stock worth $3,904,000 after acquiring an additional 31,715 shares during the last quarter. BlueMountain Capital Management LLC lifted its holdings in shares of Ford Motor by 92.9% in the 2nd quarter. BlueMountain Capital Management LLC now owns 198,047 shares of the auto manufacturer’s stock worth $2,216,000 after acquiring an additional 95,361 shares during the last quarter. Finally, Advisors Capital Management LLC lifted its holdings in shares of Ford Motor by 21.2% in the 3rd quarter. Advisors Capital Management LLC now owns 483,120 shares of the auto manufacturer’s stock worth $5,783,000 after acquiring an additional 84,375 shares during the last quarter. 53.39% of the stock is owned by institutional investors and hedge funds.

Ford Motor Company (NYSE:F) traded up $0.05 during trading hours on Friday, hitting $12.12. 5,110,309 shares of the stock were exchanged, compared to its average volume of 37,664,758. The stock has a market cap of $47,945.68, a P/E ratio of 7.18, a PEG ratio of 0.62 and a beta of 1.24. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94. Ford Motor Company has a 12-month low of $10.47 and a 12-month high of $13.27.

Ford Motor (NYSE:F) last released its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.10. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The firm had revenue of $33.65 billion for the quarter, compared to the consensus estimate of $32.80 billion. During the same period in the prior year, the firm earned $0.26 EPS. The company’s revenue was up .9% compared to the same quarter last year. analysts expect that Ford Motor Company will post 1.81 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, October 23rd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.95%. The ex-dividend date is Friday, October 20th. Ford Motor’s dividend payout ratio (DPR) is 54.55%.

A number of equities research analysts recently commented on F shares. Buckingham Research reiterated a “hold” rating and set a $11.00 price target on shares of Ford Motor in a report on Thursday, August 24th. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a report on Tuesday, October 31st. Royal Bank Of Canada reiterated a “buy” rating on shares of Ford Motor in a report on Tuesday, August 15th. Instinet lowered shares of Ford Motor from a “buy” rating to a “neutral” rating and lowered their price target for the company from $14.80 to $11.60 in a report on Wednesday, August 9th. Finally, Nomura lowered shares of Ford Motor to a “hold” rating in a report on Saturday, August 5th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have assigned a buy rating to the company. Ford Motor presently has an average rating of “Hold” and a consensus target price of $12.63.

In other Ford Motor news, insider Joseph R. Hinrichs sold 40,000 shares of the company’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $11.34, for a total transaction of $453,600.00. Following the transaction, the insider now owns 532,435 shares in the company, valued at approximately $6,037,812.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven R. Armstrong sold 22,076 shares of the company’s stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $12.37, for a total transaction of $273,080.12. The disclosure for this sale can be found here. Insiders have sold a total of 137,076 shares of company stock worth $1,599,180 over the last three months. 1.08% of the stock is currently owned by insiders.

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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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