AE Wealth Management LLC Decreases Stock Holdings in Ford Motor (NYSE:F)

AE Wealth Management LLC trimmed its position in shares of Ford Motor (NYSE:F) by 7.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,175,933 shares of the auto manufacturer’s stock after selling 89,573 shares during the period. AE Wealth Management LLC’s holdings in Ford Motor were worth $14,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Gilbert & Cook Inc. increased its position in shares of Ford Motor by 4.1% during the 4th quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock valued at $569,000 after purchasing an additional 1,836 shares during the last quarter. Aveo Capital Partners LLC increased its position in shares of Ford Motor by 6.9% during the 4th quarter. Aveo Capital Partners LLC now owns 20,906 shares of the auto manufacturer’s stock valued at $255,000 after purchasing an additional 1,352 shares during the last quarter. Gryphon Financial Partners LLC increased its position in shares of Ford Motor by 4.0% during the 4th quarter. Gryphon Financial Partners LLC now owns 26,116 shares of the auto manufacturer’s stock valued at $334,000 after purchasing an additional 1,002 shares during the last quarter. Brown Advisory Inc. increased its position in shares of Ford Motor by 10.4% during the 4th quarter. Brown Advisory Inc. now owns 67,973 shares of the auto manufacturer’s stock valued at $829,000 after purchasing an additional 6,393 shares during the last quarter. Finally, InterOcean Capital Group LLC increased its position in shares of Ford Motor by 15.1% during the 4th quarter. InterOcean Capital Group LLC now owns 45,390 shares of the auto manufacturer’s stock valued at $553,000 after purchasing an additional 5,950 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $10.85 on Friday. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The stock’s fifty day moving average price is $11.23 and its 200-day moving average price is $12.04. The firm has a market cap of $43.32 billion, a P/E ratio of 11.19, a P/E/G ratio of 0.76 and a beta of 1.62. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F) last issued 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 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 period in the previous year, the business earned $0.72 EPS. On average, equities research analysts expect that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared 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 annualized dividend and a yield of 5.53%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s dividend payout ratio is presently 61.86%.

Analyst Ratings Changes

Several research firms have recently weighed in on F. Morgan Stanley reissued an “overweight” rating and set a $16.00 target price on shares of Ford Motor in a research report on Thursday, September 12th. Wells Fargo & Company cut their price objective 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. Royal Bank of Canada cut their price objective 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. 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. Finally, StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $12.95.

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.