Ford Motor Company (F) Position Maintained by GRT Capital Partners L.L.C.
GRT Capital Partners L.L.C. maintained its position in Ford Motor Company (NYSE:F) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,731 shares of the auto manufacturer’s stock at the close of the 2nd quarter. GRT Capital Partners L.L.C.’s holdings in Ford Motor were worth $277,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Bridgewater Associates LP bought a new stake in Ford Motor during the 1st quarter worth $2,342,000. Mathes Company Inc. bought a new position in Ford Motor in the second quarter valued at about $571,000. CWA Asset Management Group LLC bought a new position in Ford Motor in the first quarter valued at about $122,000. AE Wealth Management LLC raised its position in Ford Motor by 37.5% in the first quarter. AE Wealth Management LLC now owns 170,943 shares of the auto manufacturer’s stock valued at $1,990,000 after purchasing an additional 46,598 shares during the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH boosted its stake in shares of Ford Motor by 133.0% during the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 584,761 shares of the auto manufacturer’s stock valued at $6,805,000 after purchasing an additional 333,821 shares in the last quarter. Institutional investors own 54.35% of the company’s stock.
Ford Motor Company (NYSE F) opened at 12.09 on Tuesday. The stock’s 50 day moving average is $11.32 and its 200-day moving average is $11.27. The company has a market cap of $48.02 billion, a PE ratio of 12.73 and a beta of 1.12. Ford Motor Company has a 52-week low of $10.47 and a 52-week high of $13.27.
Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.13. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The business had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. During the same period in the previous year, the firm earned $0.52 EPS. The company’s quarterly revenue was down .5% compared to the same quarter last year. Equities research analysts predict that Ford Motor Company will post $1.76 EPS for the current fiscal 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 shares were sold at an average price of $12.00, for a total transaction of $300,000.00. Following the transaction, the insider now 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 through this link. 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 transaction of $886,864.00. Following the transaction, the vice president now owns 10 shares in the company, valued at approximately $110. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 195,624 shares of company stock valued at $2,212,964. Corporate insiders own 1.08% of the company’s stock.
F has been the subject of several recent research reports. Wolfe Research began coverage on Ford Motor in a research note on Tuesday, June 13th. They issued a “market perform” rating for the company. Vetr downgraded shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 target price on the stock. in a research report on Monday, September 4th. Berenberg Bank set a $10.00 target price on shares of Ford Motor and gave the stock a “sell” rating in a report on Monday, August 14th. BidaskClub raised shares of Ford Motor from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $14.00 price target on shares of Ford Motor in a research report on Friday, July 28th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the stock. Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $12.45.
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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