Benjamin F. Edwards & Company Inc. Sells 12,916 Shares of Ford Motor (NYSE:F)

Benjamin F. Edwards & Company Inc. trimmed its holdings in shares of Ford Motor (NYSE:F) by 61.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,205 shares of the auto manufacturer’s stock after selling 12,916 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Ford Motor were worth $103,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of F. Coatue Management LLC bought a new stake in shares of Ford Motor in the fourth quarter valued at about $149,152,000. Dimensional Fund Advisors LP lifted its stake in Ford Motor by 27.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock valued at $453,732,000 after acquiring an additional 7,793,944 shares in the last quarter. Fisher Asset Management LLC boosted its position in Ford Motor by 6.3% during the 4th quarter. Fisher Asset Management LLC now owns 59,150,709 shares of the auto manufacturer’s stock worth $721,047,000 after acquiring an additional 3,521,520 shares during the last quarter. Natixis grew its stake in shares of Ford Motor by 1,930.4% during the 1st quarter. Natixis now owns 2,174,316 shares of the auto manufacturer’s stock worth $28,875,000 after acquiring an additional 2,067,226 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. bought a new stake in shares of Ford Motor in the first quarter worth $21,111,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

NYSE F opened at $10.68 on Friday. The stock has a market cap of $42.62 billion, a PE ratio of 11.01, a P/E/G ratio of 0.79 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The firm has a 50-day moving average of $11.01 and a 200-day moving average of $12.00. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. During the same quarter last year, the business earned $0.72 earnings per share. The company’s revenue was up 6.3% on a year-over-year basis. On average, sell-side analysts anticipate that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio is 61.86%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on F shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a research note on Tuesday, September 10th. The Goldman Sachs Group dropped their target price on Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, July 25th. Wells Fargo & Company decreased their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Wolfe Research began coverage on Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating on the stock. Finally, StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $12.64.

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.