Ford Motor (NYSE:F) Shares Bought by Blue Trust Inc.

Blue Trust Inc. grew its holdings in Ford Motor (NYSE:F) by 26.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,758 shares of the auto manufacturer’s stock after buying an additional 3,335 shares during the quarter. Blue Trust Inc.’s holdings in Ford Motor were worth $209,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Olistico Wealth LLC acquired a new stake in shares of Ford Motor in the 2nd quarter worth approximately $25,000. Fortis Group Advisors LLC raised its stake in shares of Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after buying an additional 1,086 shares during the last quarter. Voisard Asset Management Group Inc. purchased a new stake in shares of Ford Motor in the 4th quarter worth about $27,000. Financial Synergies Wealth Advisors Inc. grew its stake in Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,938 shares during the last quarter. Finally, Fairman Group LLC acquired a new stake in Ford Motor in the 4th quarter valued at about $31,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Up 0.5 %

F opened at $10.51 on Monday. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The firm has a 50 day moving average price of $12.02 and a 200 day moving average price of $12.30. The company has a market cap of $41.96 billion, a PE ratio of 10.84, a price-to-earnings-growth ratio of 0.75 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.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $47.81 billion for the quarter, compared to analysts’ expectations of $47.79 billion. During the same quarter in the previous year, the business posted $0.72 earnings per share. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. Sell-side analysts expect that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.71%. Ford Motor’s dividend payout ratio is presently 61.86%.

Analyst Ratings Changes

Several brokerages recently issued reports on F. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Royal Bank of Canada decreased their price target on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Monday, August 12th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Citigroup raised their target price on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Finally, Barclays cut their price target on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, July 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.48.

Insider Transactions at Ford Motor

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the transaction, the director now directly owns 168,601 shares in the company, valued at approximately $2,038,386.09. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.80% of the company’s stock.

Ford Motor 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.