First Trust Advisors LP Decreases Position in Ford Motor Company $F

First Trust Advisors LP decreased its position in shares of Ford Motor Company (NYSE:FFree Report) by 7.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,690,145 shares of the auto manufacturer’s stock after selling 878,890 shares during the quarter. First Trust Advisors LP owned 0.27% of Ford Motor worth $127,854,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in F. Norges Bank purchased a new position in Ford Motor in the 2nd quarter worth approximately $405,328,000. Marshall Wace LLP boosted its stake in Ford Motor by 712.7% during the 2nd quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after purchasing an additional 17,164,234 shares during the last quarter. Geode Capital Management LLC boosted its stake in Ford Motor by 17.9% during the 2nd quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock valued at $1,122,434,000 after purchasing an additional 15,748,694 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Ford Motor by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 467,617,755 shares of the auto manufacturer’s stock worth $5,592,708,000 after purchasing an additional 5,371,758 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 3.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 145,172,134 shares of the auto manufacturer’s stock worth $1,575,118,000 after purchasing an additional 5,118,228 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 1.7%

Shares of F stock opened at $12.13 on Monday. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.07 and a quick ratio of 0.94. Ford Motor Company has a one year low of $8.44 and a one year high of $14.80. The company’s fifty day moving average price is $13.68 and its 200-day moving average price is $12.93. The company has a market capitalization of $48.39 billion, a price-to-earnings ratio of -5.89, a PEG ratio of 0.28 and a beta of 1.65.

Ford Motor (NYSE:FGet Free Report) last issued its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.07. The company had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. Ford Motor’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.39 EPS. Sell-side analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.9%. Ford Motor’s dividend payout ratio is -29.13%.

Insider Activity

In other Ford Motor news, insider William Clay Ford, Jr. bought 140,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the transaction, the insider owned 3,912,600 shares of the company’s stock, valued at $54,072,132. This trade represents a 3.71% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.48% of the company’s stock.

More Ford Motor News

Here are the key news stories impacting Ford Motor this week:

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Morgan Stanley upped their price target on Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. UBS Group lifted their price objective on Ford Motor from $12.50 to $15.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. HSBC boosted their target price on Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. TD Cowen raised their price target on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $13.29.

Read Our Latest Report on F

Ford Motor Profile

(Free Report)

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

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

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