Ford Motor Company $F Shares Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC lowered its position in Ford Motor Company (NYSE:F) by 0.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,067,188 shares of the auto manufacturer’s stock after selling 15,746 shares during the quarter. Douglas Lane & Associates LLC’s holdings in Ford Motor were worth $22,429,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Grove Bank & Trust lifted its holdings in Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,882 shares in the last quarter. Elite Financial Inc. bought a new stake in shares of Ford Motor in the 1st quarter worth about $27,000. Olde Wealth Management LLC bought a new stake in shares of Ford Motor in the 1st quarter worth about $28,000. MorganRosel Wealth Management LLC bought a new stake in shares of Ford Motor in the 1st quarter worth about $30,000. Finally, Spurstone Advisory Services LLC bought a new stake in shares of Ford Motor in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Buying and Selling

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the company’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, the insider owned 113,939 shares in the company, valued at approximately $1,253,329. This represents a 20.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.48% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $11.68 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $11.99. The firm has a 50-day simple moving average of $11.47 and a 200 day simple moving average of $10.59. The company has a market cap of $46.48 billion, a PE ratio of 14.97, a P/E/G ratio of 3.38 and a beta of 1.52.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. During the same quarter in the prior year, the firm earned $0.47 EPS. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Ford Motor Company will post 1.47 EPS for the current 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 given a $0.15 dividend. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.1%. Ford Motor’s dividend payout ratio is 76.92%.

Wall Street Analyst Weigh In

F has been the subject of several research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Dbs Bank downgraded shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Jefferies Financial Group boosted their target price on shares of Ford Motor from $8.00 to $9.00 and gave the stock an “underperform” rating in a research report on Monday, August 11th. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Finally, Barclays boosted their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $10.53.

About Ford Motor

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.