Ford Motor (NYSE:F) Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. raised its holdings in Ford Motor (NYSE:F) by 5.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 820,252 shares of the auto manufacturer’s stock after acquiring an additional 42,442 shares during the period. QRG Capital Management Inc.’s holdings in Ford Motor were worth $10,286,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in F. Carolina Wealth Advisors LLC grew its holdings in Ford Motor by 612.1% in the second quarter. Carolina Wealth Advisors LLC now owns 572,811 shares of the auto manufacturer’s stock valued at $7,183,000 after purchasing an additional 492,370 shares during the period. OLD National Bancorp IN increased its holdings in shares of Ford Motor by 935.2% during the 2nd quarter. OLD National Bancorp IN now owns 339,400 shares of the auto manufacturer’s stock worth $4,256,000 after buying an additional 306,614 shares during the last quarter. Symmetry Partners LLC raised its position in shares of Ford Motor by 67.7% in the 2nd quarter. Symmetry Partners LLC now owns 44,866 shares of the auto manufacturer’s stock worth $563,000 after buying an additional 18,111 shares during the period. Kaydan Wealth Management Inc. boosted its holdings in Ford Motor by 6.0% in the second quarter. Kaydan Wealth Management Inc. now owns 49,896 shares of the auto manufacturer’s stock valued at $626,000 after acquiring an additional 2,845 shares during the last quarter. Finally, Clarius Group LLC grew its position in Ford Motor by 10.9% during the second quarter. Clarius Group LLC now owns 22,778 shares of the auto manufacturer’s stock valued at $286,000 after acquiring an additional 2,234 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Insider Transactions at Ford Motor

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

Analyst Ratings Changes

F has been the topic of several research analyst reports. The Goldman Sachs Group reduced their price objective on Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, July 25th. Citigroup boosted their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. UBS Group upped their price target on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Finally, Royal Bank of Canada raised their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $13.75.

Ford Motor Stock Down 0.3 %

Shares of NYSE F traded down $0.03 during mid-day trading on Friday, reaching $10.10. The company had a trading volume of 48,860,845 shares, compared to its average volume of 55,371,258. The stock has a market capitalization of $40.32 billion, a PE ratio of 10.41, a price-to-earnings-growth ratio of 0.75 and a beta of 1.62. Ford Motor has a twelve month low of $9.49 and a twelve month 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. The stock’s 50 day moving average is $12.21 and its 200-day moving average is $12.34.

Ford Motor (NYSE:F) last posted its quarterly earnings results 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). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm had revenue of $47.81 billion for the quarter, compared to analysts’ expectations of $47.79 billion. During the same period last year, the business earned $0.72 earnings per share. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. As a group, equities analysts anticipate that Ford Motor will post 1.94 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.94%. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

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.