CNA Financial Corp Has $2.13 Million Stake in Ford Motor Company (F)
CNA Financial Corp increased its position in Ford Motor Company (NYSE:F) by 42.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,129 shares of the auto manufacturer’s stock after buying an additional 56,854 shares during the period. CNA Financial Corp’s holdings in Ford Motor were worth $2,128,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of F. Bridgewater Associates LP purchased a new position in Ford Motor during the first quarter worth about $2,342,000. Mathes Company Inc. acquired a new stake in Ford Motor in the 2nd quarter worth about $571,000. CWA Asset Management Group LLC acquired a new stake in Ford Motor in the 1st quarter worth about $122,000. AE Wealth Management LLC boosted its stake in Ford Motor by 37.5% in the 1st quarter. AE Wealth Management LLC now owns 170,943 shares of the auto manufacturer’s stock worth $1,990,000 after buying an additional 46,598 shares during the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH boosted its stake in Ford Motor by 133.0% in the 1st quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 584,761 shares of the auto manufacturer’s stock worth $6,805,000 after buying an additional 333,821 shares during the last quarter. 54.35% of the stock is owned by institutional investors and hedge funds.
Several brokerages have recently weighed in on F. Vetr lowered shares of Ford Motor from a “buy” rating to a “hold” rating and set a $12.34 price objective on the stock. in a report on Wednesday, September 27th. Royal Bank Of Canada restated a “buy” rating and issued a $13.00 target price on shares of Ford Motor in a report on Monday, September 18th. BidaskClub upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Jefferies Group LLC reaffirmed a “hold” rating and set a $12.00 price target on shares of Ford Motor in a research report on Sunday, September 10th. Finally, ValuEngine lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $12.45.
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Shares of Ford Motor Company (NYSE:F) opened at 11.97 on Monday. Ford Motor Company has a 1-year low of $10.47 and a 1-year high of $13.27. The company’s 50-day moving average is $11.06 and its 200 day moving average is $11.32. The stock has a market cap of $47.54 billion, a P/E ratio of 12.60 and a beta of 1.12.
Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company had revenue of $36.93 billion during the quarter, compared to analyst estimates of $37.22 billion. During the same period in the previous year, the company earned $0.52 earnings per share. The company’s quarterly revenue was down .5% compared to the same quarter last year. Equities research analysts anticipate that Ford Motor Company will post $1.76 EPS for the current year.
In related news, insider Hau N. Thai-Tang sold 25,000 shares of the business’s stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $12.00, for a total transaction of $300,000.00. Following the transaction, the insider now directly owns 51,358 shares in the company, valued at $616,296. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP John T. Lawler sold 80,624 shares of the business’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total value of $886,864.00. Following the transaction, the vice president now owns 10 shares in the company, valued at $110. The disclosure for this sale can be found here. Insiders have sold 195,624 shares of company stock worth $2,212,964 in the last ninety days. 1.08% of the stock is currently owned by insiders.
Ford Motor 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.
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