MeadowBrook Investment Advisors LLC Sells 5,125 Shares of Ford Motor Company $F

MeadowBrook Investment Advisors LLC lessened its stake in shares of Ford Motor Company (NYSE:F) by 20.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,301 shares of the auto manufacturer’s stock after selling 5,125 shares during the period. MeadowBrook Investment Advisors LLC’s holdings in Ford Motor were worth $220,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Assetmark Inc. raised its stake in shares of Ford Motor by 201.1% during the second quarter. Assetmark Inc. now owns 32,124 shares of the auto manufacturer’s stock valued at $349,000 after acquiring an additional 21,456 shares in the last quarter. Keybank National Association OH increased its holdings in Ford Motor by 3.5% during the second quarter. Keybank National Association OH now owns 129,971 shares of the auto manufacturer’s stock valued at $1,410,000 after buying an additional 4,408 shares during the period. HBK Sorce Advisory LLC increased its holdings in Ford Motor by 3.4% during the second quarter. HBK Sorce Advisory LLC now owns 35,608 shares of the auto manufacturer’s stock valued at $386,000 after buying an additional 1,187 shares during the period. Premier Path Wealth Partners LLC increased its holdings in Ford Motor by 18.2% during the second quarter. Premier Path Wealth Partners LLC now owns 28,704 shares of the auto manufacturer’s stock valued at $311,000 after buying an additional 4,414 shares during the period. Finally, Buck Wealth Strategies LLC purchased a new position in Ford Motor during the second quarter valued at approximately $199,000. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on F. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. Citigroup lifted their price objective on shares of Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday. UBS Group lifted their price objective on shares of Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a report on Monday, October 6th. The Goldman Sachs Group lifted their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, September 29th. Finally, Barclays lifted their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Monday. Two equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $11.73.

Ford Motor Stock Performance

Shares of F stock opened at $13.25 on Thursday. The business’s fifty day simple moving average is $11.95 and its 200-day simple moving average is $11.16. The company has a market cap of $52.71 billion, a PE ratio of 11.42, a PEG ratio of 4.00 and a beta of 1.53. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $13.97.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The business had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share. Analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. Ford Motor’s dividend payout ratio is presently 51.72%.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.