Valeo Financial Advisors LLC Trims Stake in Ford Motor Company $F

Valeo Financial Advisors LLC decreased its position in shares of Ford Motor Company (NYSE:F) by 11.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 115,839 shares of the auto manufacturer’s stock after selling 14,745 shares during the period. Valeo Financial Advisors LLC’s holdings in Ford Motor were worth $1,257,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in F. Vanguard Group Inc. grew its holdings in shares of Ford Motor by 13.8% during the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock worth $4,590,333,000 after acquiring an additional 55,576,478 shares during the period. Pacer Advisors Inc. grew its holdings in shares of Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock worth $492,253,000 after acquiring an additional 48,378,444 shares during the period. Nuveen LLC purchased a new position in shares of Ford Motor during the 1st quarter worth approximately $123,147,000. Charles Schwab Investment Management Inc. grew its stake in shares of Ford Motor by 8.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after buying an additional 10,947,527 shares during the last quarter. Finally, Aberdeen Group plc grew its stake in shares of Ford Motor by 150.6% in the 1st quarter. Aberdeen Group plc now owns 7,264,106 shares of the auto manufacturer’s stock worth $72,169,000 after buying an additional 4,365,125 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on F. Weiss Ratings restated a “hold (c-)” rating on shares of Ford Motor in a research note on Saturday, September 27th. The Goldman Sachs Group upped their price target on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, September 29th. JPMorgan Chase & Co. upped their price target on Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. Royal Bank Of Canada upped their price target on Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 5th. Finally, UBS Group lifted their target price on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a report on Monday. Two research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus price target of $11.04.

Ford Motor Stock Performance

F stock opened at $11.93 on Wednesday. The company has a market cap of $47.46 billion, a P/E ratio of 15.29, a price-to-earnings-growth ratio of 3.65 and a beta of 1.53. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $12.80. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The stock’s fifty day moving average price is $11.63 and its 200-day moving average price is $10.86.

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

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio (DPR) is 76.92%.

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.