Robeco Institutional Asset Management B.V. Sells 927,389 Shares of Ford Motor Company $F

Robeco Institutional Asset Management B.V. reduced its stake in Ford Motor Company (NYSE:F) by 26.9% during the second quarter, Holdings Channel.com reports. The fund owned 2,517,158 shares of the auto manufacturer’s stock after selling 927,389 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Ford Motor were worth $27,311,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. First Pacific Financial grew its stake in Ford Motor by 3,281.0% in the 2nd quarter. First Pacific Financial now owns 6,762 shares of the auto manufacturer’s stock worth $73,000 after acquiring an additional 6,562 shares in the last quarter. Childress Capital Advisors LLC grew its stake in Ford Motor by 6.2% in the 2nd quarter. Childress Capital Advisors LLC now owns 17,321 shares of the auto manufacturer’s stock worth $188,000 after acquiring an additional 1,006 shares in the last quarter. Midwest Financial Group LLC grew its stake in Ford Motor by 15.5% in the 2nd quarter. Midwest Financial Group LLC now owns 13,443 shares of the auto manufacturer’s stock worth $146,000 after acquiring an additional 1,801 shares in the last quarter. Generali Investments CEE investicni spolecnost a.s. grew its stake in Ford Motor by 40.0% in the 2nd quarter. Generali Investments CEE investicni spolecnost a.s. now owns 420,000 shares of the auto manufacturer’s stock worth $4,557,000 after acquiring an additional 120,000 shares in the last quarter. Finally, Trivium Point Advisory LLC grew its stake in Ford Motor by 4.9% in the 2nd quarter. Trivium Point Advisory LLC now owns 39,388 shares of the auto manufacturer’s stock worth $427,000 after acquiring an additional 1,847 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Dbs Bank downgraded shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Royal Bank Of Canada upped their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 5th. UBS Group upped their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock a “neutral” rating in a research report on Monday, July 14th. Finally, Wells Fargo & Company upped their price target on shares of Ford Motor from $8.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $10.71.

Ford Motor Price Performance

Shares of F opened at $12.66 on Friday. The company has a market cap of $50.39 billion, a price-to-earnings ratio of 16.23, a price-to-earnings-growth ratio of 3.51 and a beta of 1.53. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $12.67. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. The company has a 50 day moving average of $11.58 and a two-hundred day moving average of $10.82.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. The company had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. Ford Motor’s revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm earned $0.47 earnings per share. As a group, analysts predict that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.7%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio (DPR) is 76.92%.

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.