Public Employees Retirement Association of Colorado Sells 16,626 Shares of Ford Motor (NYSE:F)

Public Employees Retirement Association of Colorado lessened its holdings in Ford Motor (NYSE:F) by 3.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 543,483 shares of the auto manufacturer’s stock after selling 16,626 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Ford Motor were worth $6,815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its stake in Ford Motor by 1.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock valued at $71,039,000 after purchasing an additional 59,082 shares during the period. Wedmont Private Capital lifted its position in shares of Ford Motor by 33.1% during the 1st quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock valued at $232,000 after buying an additional 4,255 shares during the last quarter. Hodges Capital Management Inc. lifted its position in shares of Ford Motor by 18.3% during the 1st quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after buying an additional 14,750 shares during the last quarter. Focus Financial Network Inc. ADV purchased a new position in shares of Ford Motor during the 4th quarter valued at $2,812,000. Finally, Park Avenue Securities LLC lifted its position in shares of Ford Motor by 9.6% during the 1st quarter. Park Avenue Securities LLC now owns 155,951 shares of the auto manufacturer’s stock valued at $2,071,000 after buying an additional 13,597 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $10.88 on Friday. The business’s 50-day moving average price is $11.23 and its two-hundred day moving average price is $12.04. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a market cap of $43.44 billion, a P/E ratio of 11.22, a PEG ratio of 0.76 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. Ford Motor’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.72 earnings per share. As a group, equities analysts predict 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. Stockholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.51%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent research reports. Barclays dropped their price target 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. Wells Fargo & Company dropped their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Morgan Stanley reissued an “overweight” rating and set a $16.00 price objective on shares of Ford Motor in a report on Thursday, September 12th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Finally, Royal Bank of Canada dropped their price objective on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target 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.