Palladium Partners LLC Reduces Holdings in Ford Motor (F)

Palladium Partners LLC lowered its stake in Ford Motor (NYSE:F) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 73,462 shares of the auto manufacturer’s stock after selling 5,000 shares during the period. Palladium Partners LLC’s holdings in Ford Motor were worth $918,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of F. Greenhaven Associates Inc. bought a new position in shares of Ford Motor in the fourth quarter valued at $164,194,000. Alyeska Investment Group L.P. bought a new position in shares of Ford Motor in the third quarter valued at $76,726,000. Capital Research Global Investors increased its holdings in shares of Ford Motor by 18.3% in the second quarter. Capital Research Global Investors now owns 23,655,000 shares of the auto manufacturer’s stock valued at $264,699,000 after buying an additional 3,655,000 shares in the last quarter. PGGM Investments increased its holdings in shares of Ford Motor by 109.9% in the third quarter. PGGM Investments now owns 5,128,425 shares of the auto manufacturer’s stock valued at $61,387,000 after buying an additional 2,685,000 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Ford Motor by 7.6% in the third quarter. Bank of New York Mellon Corp now owns 35,817,086 shares of the auto manufacturer’s stock valued at $428,730,000 after buying an additional 2,518,396 shares in the last quarter. 54.10% of the stock is currently owned by institutional investors.

Several brokerages have issued reports on F. Zacks Investment Research raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research note on Tuesday, October 31st. ValuEngine raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Piper Jaffray Companies set a $14.00 target price on shares of Ford Motor and gave the company a “buy” rating in a research note on Monday, October 16th. Vetr raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 target price on the stock in a research note on Friday, October 13th. Finally, Cascend Securities downgraded shares of Ford Motor to a “buy” rating in a research note on Tuesday, December 5th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $12.54.

In related news, insider Hau N. Thai-Tang sold 18,000 shares of the company’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $13.00, for a total value of $234,000.00. Following the completion of the sale, the insider now directly owns 14,358 shares in the company, valued at $186,654. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Hau N. Thai-Tang sold 19,000 shares of the company’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. Insiders sold 47,752 shares of company stock worth $603,965 over the last ninety days. 1.08% of the stock is currently owned by company insiders.

Ford Motor (F) opened at $10.76 on Wednesday. Ford Motor has a one year low of $10.19 and a one year high of $13.48. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 2.94. The firm has a market cap of $40,676.37, a price-to-earnings ratio of 5.79, a PEG ratio of 0.61 and a beta of 1.13.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03). Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The company had revenue of $38.50 billion during the quarter, compared to analyst estimates of $36.96 billion. During the same period last year, the company posted $0.30 earnings per share. The company’s revenue was up 6.9% compared to the same quarter last year. research analysts predict that Ford Motor will post 1.56 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date of this dividend is Monday, January 29th. Ford Motor’s dividend payout ratio (DPR) is presently 31.58%.

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About Ford Motor

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.

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

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