Peapack Gladstone Financial Corp lifted its stake in shares of Ford Motor Company (NYSE:F) by 1.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 268,427 shares of the auto manufacturer’s stock after buying an additional 5,027 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Ford Motor were worth $3,004,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in F. Wade G W & Inc. increased its position in shares of Ford Motor by 15.3% during the first quarter. Wade G W & Inc. now owns 12,278 shares of the auto manufacturer’s stock valued at $143,000 after buying an additional 1,625 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Ford Motor by 29.4% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 289,552 shares of the auto manufacturer’s stock valued at $3,370,000 after buying an additional 65,821 shares during the period. Paragon Capital Management LLC increased its position in shares of Ford Motor by 32.8% during the first quarter. Paragon Capital Management LLC now owns 880,106 shares of the auto manufacturer’s stock valued at $10,244,000 after buying an additional 217,435 shares during the period. Patriot Financial Group Insurance Agency LLC increased its position in shares of Ford Motor by 1.0% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 20,520 shares of the auto manufacturer’s stock valued at $231,000 after buying an additional 196 shares during the period. Finally, Toronto Dominion Bank increased its position in shares of Ford Motor by 145.7% during the first quarter. Toronto Dominion Bank now owns 1,654,413 shares of the auto manufacturer’s stock valued at $19,255,000 after buying an additional 981,038 shares during the period. Institutional investors own 54.33% of the company’s stock.

Ford Motor Company (F) opened at 12.05 on Monday. The company’s 50-day moving average is $11.74 and its 200-day moving average is $11.30. Ford Motor Company has a 12 month low of $10.47 and a 12 month high of $13.27. The company has a market cap of $47.86 billion, a P/E ratio of 12.68 and a beta of 1.12.

Ford Motor (NYSE:F) last released its 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 company had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. Ford Motor’s revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.52 EPS. On average, equities research analysts expect that Ford Motor Company will post $1.75 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, October 23rd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.98%. The ex-dividend date is Friday, October 20th. Ford Motor’s dividend payout ratio is presently 63.16%.

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In other Ford Motor news, insider Steven R. Armstrong sold 22,076 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $12.37, for a total transaction of $273,080.12. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Joseph R. Hinrichs sold 40,000 shares of the business’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 sale, the insider now directly owns 532,435 shares in the company, valued at approximately $6,037,812.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 217,700 shares of company stock worth $2,486,044. 1.08% of the stock is owned by insiders.

A number of equities research analysts have weighed in on the stock. TheStreet upgraded shares of Ford Motor from a “c+” rating to a “b-” rating in a report on Thursday, October 5th. Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 price objective on the stock. in a report on Tuesday, July 4th. Piper Jaffray Companies restated a “buy” rating and issued a $14.00 price objective on shares of Ford Motor in a report on Friday, July 28th. Royal Bank Of Canada restated a “buy” rating on shares of Ford Motor in a report on Tuesday, August 15th. Finally, ValuEngine upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $12.44.

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.

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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