Achmea Investment Management B.V. Purchases Shares of 621,454 Ford Motor Company (NYSE:F)
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%.
WARNING: “Achmea Investment Management B.V. Purchases Shares of 621,454 Ford Motor Company (NYSE:F)” was reported by Watch List News and is the property of of Watch List News. If you are accessing this piece on another site, it was stolen and republished in violation of United States and international copyright law. The legal version of this piece can be accessed at https://www.watchlistnews.com/achmea-investment-management-b-v-purchases-shares-of-621454-ford-motor-company-nysef/1478276.html.
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.
Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:F).
Receive News & Ratings for Ford Motor Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor Company and related companies with Analyst Ratings Network's FREE daily email newsletter.