KMG Fiduciary Partners LLC Has $830,000 Stake in Ford Motor Company $F

KMG Fiduciary Partners LLC decreased its position in Ford Motor Company (NYSE:F) by 26.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 76,500 shares of the auto manufacturer’s stock after selling 27,864 shares during the period. KMG Fiduciary Partners LLC’s holdings in Ford Motor were worth $830,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in F. Quantinno Capital Management LP boosted its stake in shares of Ford Motor by 24.3% during the 4th quarter. Quantinno Capital Management LP now owns 158,777 shares of the auto manufacturer’s stock valued at $1,572,000 after buying an additional 31,073 shares during the period. Two Sigma Advisers LP acquired a new stake in shares of Ford Motor during the 4th quarter valued at $6,183,000. Vident Advisory LLC boosted its stake in shares of Ford Motor by 1.4% during the 4th quarter. Vident Advisory LLC now owns 117,647 shares of the auto manufacturer’s stock valued at $1,165,000 after buying an additional 1,578 shares during the period. Woodline Partners LP acquired a new stake in shares of Ford Motor during the 4th quarter valued at $2,321,000. Finally, Waverly Advisors LLC boosted its stake in shares of Ford Motor by 137.4% during the 4th quarter. Waverly Advisors LLC now owns 86,639 shares of the auto manufacturer’s stock valued at $858,000 after buying an additional 50,150 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Activity

In other news, insider Andrew Frick sold 30,000 shares of the business’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the insider owned 113,939 shares in the company, valued at approximately $1,253,329. The trade was a 20.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.48% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $11.75 on Friday. The firm’s 50-day moving average is $11.46 and its 200-day moving average is $10.65. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $11.99. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The company has a market cap of $46.74 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 3.35 and a beta of 1.52.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The company had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. During the same quarter in the previous year, the firm posted $0.47 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. Equities research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. Ford Motor’s payout ratio is presently 76.92%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Royal Bank Of Canada lifted their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 5th. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. UBS Group lifted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. Finally, Jefferies Financial Group lifted their target price on shares of Ford Motor from $8.00 to $9.00 and gave the company an “underperform” rating in a research note on Monday, August 11th. Two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Reduce” and a consensus price target of $10.53.

Ford Motor Company Profile

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.