Chicago Equity Partners LLC Has $2.99 Million Position in Ford Motor Company (F)
Chicago Equity Partners LLC decreased its position in Ford Motor Company (NYSE:F) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 267,555 shares of the auto manufacturer’s stock after selling 800 shares during the period. Chicago Equity Partners LLC’s holdings in Ford Motor were worth $2,994,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the stock. Argent Trust Co raised its position in Ford Motor by 0.3% in the 1st quarter. Argent Trust Co now owns 11,226 shares of the auto manufacturer’s stock worth $131,000 after buying an additional 30 shares during the last quarter. JFS Wealth Advisors LLC raised its position in Ford Motor by 0.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 10,997 shares of the auto manufacturer’s stock worth $123,000 after buying an additional 33 shares during the last quarter. FNY Managed Accounts LLC raised its position in Ford Motor by 0.3% in the 1st 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 last quarter. Donaldson Capital Management LLC raised its position in Ford Motor by 0.3% in the 2nd quarter. Donaldson Capital Management LLC now owns 13,851 shares of the auto manufacturer’s stock worth $155,000 after buying an additional 43 shares during the last quarter. Finally, Gainplan LLC raised its position in Ford Motor by 0.4% in the 2nd quarter. Gainplan LLC now owns 11,072 shares of the auto manufacturer’s stock worth $124,000 after buying an additional 45 shares during the last quarter. Institutional investors own 54.35% of the company’s stock.
A number of brokerages have weighed in on F. Royal Bank Of Canada reissued a “buy” rating and issued a $13.00 target price on shares of Ford Motor in a research report on Monday, September 18th. BidaskClub raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 target price for the company. in a research report on Tuesday, July 4th. Jefferies Group LLC reissued a “hold” rating and issued a $12.00 target price on shares of Ford Motor in a research report on Sunday, September 10th. Finally, ValuEngine lowered Ford Motor from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $12.46.
Shares of Ford Motor Company (NYSE:F) opened at 11.84 on Friday. The stock has a market capitalization of $47.03 billion, a price-to-earnings ratio of 12.46 and a beta of 1.12. Ford Motor Company has a 12-month low of $10.47 and a 12-month high of $13.27. The company has a 50-day moving average of $11.06 and a 200 day moving average of $11.32. Ford Motor also saw some unusual options trading on Wednesday. Investors acquired 43,401 call options on the stock. This represents an increase of 178% compared to the typical volume of 15,614 call options.
Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.13. The company had revenue of $36.93 billion during the quarter, compared to analysts’ expectations of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. Ford Motor’s quarterly revenue was down .5% on a year-over-year basis. During the same period last year, the business earned $0.52 earnings per share. Analysts predict that Ford Motor Company will post $1.75 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Monday, July 24th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date was Thursday, July 20th. Ford Motor’s dividend payout ratio (DPR) is presently 63.16%.
In other news, VP John T. Lawler sold 80,624 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The stock was 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 $110. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James D. Farley, Jr. sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $11.40, for a total value of $285,000.00. Following the completion of the sale, the insider now owns 403,411 shares of the company’s stock, valued at $4,598,885.40. The disclosure for this sale can be found here. Insiders sold 170,624 shares of company stock valued at $1,912,964 over the last 90 days. 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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