Standard Life Aberdeen plc Has $77.56 Million Holdings in Ford Motor (F)
Standard Life Aberdeen plc raised its holdings in shares of Ford Motor (NYSE:F) by 7.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,002,764 shares of the auto manufacturer’s stock after purchasing an additional 498,004 shares during the period. Standard Life Aberdeen plc’s holdings in Ford Motor were worth $77,556,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in F. Kiley Juergens Wealth Management LLC bought a new stake in shares of Ford Motor during the second quarter valued at approximately $101,000. Kaizen Advisory LLC increased its position in shares of Ford Motor by 155.5% during the second quarter. Kaizen Advisory LLC now owns 9,745 shares of the auto manufacturer’s stock valued at $108,000 after acquiring an additional 5,931 shares in the last quarter. TRUE Private Wealth Advisors bought a new stake in shares of Ford Motor during the second quarter valued at approximately $112,000. Pinnacle Financial Partners Inc. bought a new stake in shares of Ford Motor during the first quarter valued at approximately $113,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of Ford Motor during the second quarter valued at approximately $113,000. 55.31% of the stock is owned by institutional investors and hedge funds.
A number of research firms have commented on F. TheStreet downgraded shares of Ford Motor from a “b-” rating to a “c+” rating in a research report on Monday, August 13th. Zacks Investment Research downgraded shares of Ford Motor from a “hold” rating to a “sell” rating in a research report on Tuesday, July 17th. Morgan Stanley lifted their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, May 3rd. ValuEngine downgraded shares of Ford Motor from a “hold” rating to a “sell” rating in a research report on Wednesday, May 9th. Finally, Buckingham Research cut their target price on shares of Ford Motor from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Thursday, July 26th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $12.23.
Shares of Ford Motor stock opened at $9.68 on Friday. The firm has a market cap of $38.50 billion, a PE ratio of 5.44, a price-to-earnings-growth ratio of 0.82 and a beta of 0.91. Ford Motor has a 1-year low of $9.35 and a 1-year high of $13.48. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.08 and a current ratio of 1.21.
Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 25th. The auto manufacturer reported $0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.04). The business had revenue of $35.90 billion for the quarter, compared to analysts’ expectations of $35.63 billion. Ford Motor had a return on equity of 17.43% and a net margin of 4.27%. The company’s revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.56 EPS. equities analysts expect that Ford Motor will post 1.38 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 4th. Stockholders of record on Monday, July 23rd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.20%. The ex-dividend date is Friday, July 20th. Ford Motor’s dividend payout ratio is presently 33.71%.
About Ford Motor
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.
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