Achmea Investment Management B.V. purchased a new position in shares of Ford Motor Company (NYSE:F) during the first quarter, Holdings Channel reports. The firm purchased 621,454 shares of the auto manufacturer’s stock, valued at approximately $7,233,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial Advisors Network Inc. raised its position in shares of Ford Motor by 6.0% in the first quarter. Financial Advisors Network Inc. now owns 78,098 shares of the auto manufacturer’s stock worth $853,000 after buying an additional 4,406 shares during the period. Meridian Wealth Management LLC raised its position in shares of Ford Motor by 92.9% in the first quarter. Meridian Wealth Management LLC now owns 27,525 shares of the auto manufacturer’s stock worth $320,000 after buying an additional 13,258 shares during the period. Point72 Europe London LLP acquired a new position in shares of Ford Motor during the first quarter worth approximately $2,468,000. FNY Managed Accounts LLC raised its position in shares of Ford Motor by 0.3% in the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock worth $120,000 after buying an additional 34 shares during the period. Finally, First Financial Equity Corporation acquired a new position in shares of Ford Motor during the first quarter worth approximately $893,000. 55.23% of the stock is currently owned by institutional investors.

Ford Motor Company (NYSE F) remained flat at $10.77 during trading on Friday. 32,300,117 shares of the company’s stock traded hands. Ford Motor Company has a 1-year low of $10.67 and a 1-year high of $13.27. The firm’s 50-day moving average is $11.24 and its 200-day moving average is $11.60. The firm has a market cap of $42.78 billion, a P/E ratio of 11.34 and a beta of 1.11.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.13. The firm had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company’s revenue was down .5% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 EPS. On average, equities research analysts predict that Ford Motor Company will post $1.76 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, July 24th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date is Thursday, July 20th. Ford Motor’s dividend payout ratio is presently 63.16%.

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A number of research analysts have recently commented on the company. BidaskClub lowered Ford Motor from a “sell” rating to a “strong sell” rating in a report on Thursday. Instinet lowered 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. Jefferies Group LLC reissued a “neutral” rating on shares of Ford Motor in a report on Monday, August 7th. Nomura lowered Ford Motor to a “hold” rating in a report on Saturday, August 5th. Finally, Zacks Investment Research raised Ford Motor from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.60.

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

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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