AE Wealth Management LLC Reduces Stake in Ford Motor Company $F

AE Wealth Management LLC reduced its holdings in shares of Ford Motor Company (NYSE:FFree Report) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,000,148 shares of the auto manufacturer’s stock after selling 39,880 shares during the quarter. AE Wealth Management LLC owned about 0.05% of Ford Motor worth $26,242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Caprock Group LLC purchased a new stake in shares of Ford Motor in the 3rd quarter worth about $893,000. Versor Investments LP purchased a new stake in shares of Ford Motor in the 3rd quarter worth about $2,187,000. Quantbot Technologies LP lifted its position in shares of Ford Motor by 91.6% in the 3rd quarter. Quantbot Technologies LP now owns 179,619 shares of the auto manufacturer’s stock worth $2,148,000 after purchasing an additional 85,848 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Ford Motor by 2.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock worth $57,008,000 after purchasing an additional 103,423 shares during the period. Finally, National Pension Service lifted its position in shares of Ford Motor by 6.7% in the 3rd quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer’s stock worth $96,865,000 after purchasing an additional 510,426 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

F has been the subject of several research analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $12.00 target price on shares of Ford Motor in a research report on Wednesday, February 11th. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th. JPMorgan Chase & Co. lifted their target price on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. HSBC lifted their target price on shares of Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a report on Tuesday, January 13th. Finally, TD Cowen reduced their price target on shares of Ford Motor from $15.00 to $14.00 and set a “hold” rating for the company in a research note on Wednesday. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $13.66.

View Our Latest Stock Analysis on Ford Motor

Insider Transactions at Ford Motor

In other news, insider William Clay Ford, Jr. bought 140,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was purchased at an average cost of $13.82 per share, with a total value of $1,934,800.00. Following the acquisition, the insider directly owned 3,912,600 shares in the company, valued at $54,072,132. This trade represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.63% of the company’s stock.

Trending Headlines about Ford Motor

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

Ford Motor Price Performance

Ford Motor stock opened at $12.88 on Friday. The company has a market cap of $51.37 billion, a price-to-earnings ratio of -6.25, a PEG ratio of 0.29 and a beta of 1.70. The firm’s fifty day moving average is $12.60 and its 200 day moving average is $12.95. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. Ford Motor Company has a 52-week low of $9.35 and a 52-week high of $14.80.

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

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

About Ford Motor

(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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