Ford Motor (NYSE:F) Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. reduced its stake in shares of Ford Motor (NYSE:F) by 16.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,187 shares of the auto manufacturer’s stock after selling 11,796 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Ford Motor were worth $742,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Ford Motor by 27.4% during 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 buying an additional 7,793,944 shares during the period. Marble Harbor Investment Counsel LLC purchased a new stake in shares of Ford Motor during the 2nd quarter valued at approximately $130,000. Brown Brothers Harriman & Co. raised its position in Ford Motor by 369.5% in the second quarter. Brown Brothers Harriman & Co. now owns 43,829 shares of the auto manufacturer’s stock valued at $550,000 after purchasing an additional 34,493 shares during the period. Plato Investment Management Ltd raised its position in Ford Motor by 2.5% in the second quarter. Plato Investment Management Ltd now owns 118,008 shares of the auto manufacturer’s stock valued at $1,480,000 after purchasing an additional 2,836 shares during the period. Finally, Element Capital Management LLC purchased a new stake in Ford Motor in the second quarter valued at approximately $164,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE F opened at $10.91 on Wednesday. The stock’s 50-day simple moving average is $11.39 and its 200-day simple moving average is $12.07. The firm has a market capitalization of $43.54 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. 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 released its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.72 EPS. As a group, equities research analysts forecast that Ford Motor will post 1.88 EPS for the current fiscal 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 dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.50%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on F shares. Royal Bank of Canada cut their target price on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Monday, August 12th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research report on Tuesday, September 10th. Wells Fargo & Company cut their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Barclays cut their price objective on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $12.95.

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.