Ford Motor (NYSE:F) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC increased its holdings in shares of Ford Motor (NYSE:F) by 180.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,044 shares of the auto manufacturer’s stock after purchasing an additional 23,817 shares during the period. GAMMA Investing LLC’s holdings in Ford Motor were worth $465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC boosted its holdings in Ford Motor by 15.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 342,150 shares of the auto manufacturer’s stock worth $4,171,000 after buying an additional 44,581 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Ford Motor by 1.1% during 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 acquiring an additional 59,082 shares during the period. Cerity Partners LLC increased its stake in shares of Ford Motor by 287.4% in the 4th quarter. Cerity Partners LLC now owns 606,057 shares of the auto manufacturer’s stock valued at $7,388,000 after purchasing an additional 449,604 shares in the last quarter. Wedmont Private Capital raised its holdings in Ford Motor by 33.1% in the 1st quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock worth $232,000 after purchasing an additional 4,255 shares during the period. Finally, Hodges Capital Management Inc. boosted its position in Ford Motor by 18.3% during the first quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock worth $1,268,000 after purchasing an additional 14,750 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Ford Motor

In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares of the company’s stock, valued at $2,038,386.09. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.80% of the stock is currently owned by insiders.

Ford Motor Stock Down 6.2 %

F stock traded down $0.66 during midday trading on Friday, hitting $10.03. The company’s stock had a trading volume of 110,703,005 shares, compared to its average volume of 73,132,552. Ford Motor has a 52-week low of $9.63 and a 52-week high of $14.85. The firm has a market capitalization of $39.87 billion, a P/E ratio of 10.34, a PEG ratio of 0.75 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. The firm has a 50-day simple moving average of $12.40 and a 200-day simple moving average of $12.39.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share 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 firm had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. During the same period last year, the business earned $0.72 EPS. The firm’s revenue was up 6.3% compared to the same quarter last year. As a group, equities analysts forecast that Ford Motor will post 1.94 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date of this dividend is Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Analyst Ratings Changes

F has been the subject of several research analyst reports. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday. Barclays decreased their target price 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. Citigroup increased their price objective on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. Evercore ISI raised shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Finally, UBS Group increased their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $13.75.

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.