Edmonds Duncan Registered Investment Advisors LLC Maintains Holdings in Ford Motor Company (F)
Edmonds Duncan Registered Investment Advisors LLC held its position in Ford Motor Company (NYSE:F) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,223 shares of the auto manufacturer’s stock at the end of the 2nd quarter. Edmonds Duncan Registered Investment Advisors LLC’s holdings in Ford Motor were worth $260,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Balentine LLC lifted its stake in shares of Ford Motor by 2.6% during the 1st quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock worth $106,000 after buying an additional 231 shares during the last quarter. Archford Capital Strategies LLC grew its stake in Ford Motor by 7.8% in the 1st quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after buying an additional 676 shares during the last quarter. Reilly Financial Advisors LLC grew its stake in Ford Motor by 1.5% in the 2nd quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after buying an additional 150 shares during the last quarter. Kelman Lazarov Inc. acquired a new position in Ford Motor in the 2nd quarter valued at about $116,000. Finally, GWM Advisors LLC bought a new position in Ford Motor in the 1st quarter valued at about $117,000. 54.35% of the stock is owned by institutional investors.
In related news, insider Hau N. Thai-Tang sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $11.50, for a total value of $287,500.00. Following the transaction, the insider now directly owns 76,358 shares in the company, valued at $878,117. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Joseph R. Hinrichs sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $11.34, for a total transaction of $453,600.00. Following the completion of the transaction, the insider now owns 532,435 shares in the company, valued at $6,037,812.90. The disclosure for this sale can be found here. Insiders sold 195,624 shares of company stock worth $2,212,964 in the last quarter. 1.08% of the stock is currently owned by company insiders.
Several equities research analysts have issued reports on the stock. Wolfe Research assumed coverage on shares of Ford Motor in a research report on Tuesday, June 13th. They set a “market perform” rating for the company. Vetr cut Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 price objective for the company. in a report on Monday, September 4th. Berenberg Bank set a $10.00 target price on Ford Motor and gave the company a “sell” rating in a research report on Monday, August 14th. BidaskClub raised Ford Motor from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $14.00 target price on shares of Ford Motor in a research report on Friday, July 28th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company. Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $12.45.
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Ford Motor Company (NYSE:F) opened at 12.34 on Wednesday. Ford Motor Company has a 52 week low of $10.47 and a 52 week high of $13.27. The stock has a 50 day moving average price of $11.36 and a 200 day moving average price of $11.27. The company has a market cap of $49.01 billion, a price-to-earnings ratio of 12.99 and a beta of 1.12.
Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.13. The firm had revenue of $36.93 billion for the quarter, compared to analysts’ expectations of $37.22 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The business’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.52 earnings per share. On average, equities analysts forecast that Ford Motor Company will post $1.76 earnings per share for the current year.
Ford Motor Company 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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