WEALTHFRONT Corp Decreases Holdings in Ford Motor (F)

WEALTHFRONT Corp lessened its stake in shares of Ford Motor (NYSE:F) by 27.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 108,692 shares of the auto manufacturer’s stock after selling 41,021 shares during the quarter. WEALTHFRONT Corp’s holdings in Ford Motor were worth $1,005,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Acadian Asset Management LLC lifted its holdings in shares of Ford Motor by 1,945.1% during the second quarter. Acadian Asset Management LLC now owns 15,747 shares of the auto manufacturer’s stock worth $175,000 after purchasing an additional 14,977 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Ford Motor by 409.0% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 19,814 shares of the auto manufacturer’s stock worth $216,000 after purchasing an additional 15,921 shares during the period. Barings LLC lifted its holdings in shares of Ford Motor by 12.3% during the second quarter. Barings LLC now owns 248,607 shares of the auto manufacturer’s stock worth $2,752,000 after purchasing an additional 27,132 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Ford Motor during the second quarter worth $4,536,000. Finally, Sei Investments Co. lifted its holdings in shares of Ford Motor by 39.1% during the second quarter. Sei Investments Co. now owns 427,089 shares of the auto manufacturer’s stock worth $4,728,000 after purchasing an additional 119,979 shares during the period. 54.07% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:F opened at $8.82 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.21 and a debt-to-equity ratio of 2.80. The stock has a market cap of $35.84 billion, a PE ratio of 4.96, a price-to-earnings-growth ratio of 1.26 and a beta of 0.68. Ford Motor has a one year low of $8.17 and a one year high of $13.48.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. The company had revenue of $34.66 billion during the quarter, compared to the consensus estimate of $32.05 billion. Ford Motor had a net margin of 3.88% and a return on equity of 15.48%. During the same period in the previous year, the firm posted $0.43 earnings per share. On average, equities analysts predict that Ford Motor will post 1.36 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 3rd. Shareholders of record on Tuesday, October 23rd were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.80%. The ex-dividend date was Monday, October 22nd. Ford Motor’s payout ratio is 33.71%.

A number of brokerages have recently commented on F. TheStreet lowered shares of Ford Motor from a “b-” rating to a “c+” rating in a report on Monday, August 13th. Nomura cut their price target on shares of Ford Motor from $9.00 to $8.10 and set a “neutral” rating on the stock in a report on Tuesday, October 30th. ValuEngine upgraded shares of Ford Motor from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 31st. Berenberg Bank restated a “sell” rating and issued a $6.00 target price on shares of Ford Motor in a report on Friday, November 9th. Finally, Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to a “sell” rating in a report on Friday, August 31st. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $11.27.

In other news, Director Ray T. Charley acquired 4,000 shares of Ford Motor stock in a transaction on Monday, October 29th. The stock was acquired at an average cost of $12.90 per share, with a total value of $51,600.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Steven R. Armstrong sold 13,000 shares of the company’s stock in a transaction dated Monday, September 24th. The stock was sold at an average price of $9.54, for a total transaction of $124,020.00. Following the completion of the sale, the vice president now directly owns 94,527 shares of the company’s stock, valued at $901,787.58. The disclosure for this sale can be found here. Corporate insiders own 0.95% of the company’s stock.

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Ford Motor Profile

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

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