Ford Motor (NYSE:F) Shares Sold by McGlone Suttner Wealth Management Inc.

McGlone Suttner Wealth Management Inc. decreased its holdings in shares of Ford Motor (NYSE:F) by 39.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,290 shares of the auto manufacturer’s stock after selling 8,141 shares during the quarter. McGlone Suttner Wealth Management Inc.’s holdings in Ford Motor were worth $130,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in shares of Ford Motor by 27.4% in the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after buying an additional 7,793,944 shares during the period. Legal & General Group Plc raised its stake in shares of Ford Motor by 1.0% during the second quarter. Legal & General Group Plc now owns 31,823,353 shares of the auto manufacturer’s stock valued at $399,066,000 after purchasing an additional 318,715 shares during the period. LSV Asset Management lifted its position in shares of Ford Motor by 1.6% during the second quarter. LSV Asset Management now owns 20,115,487 shares of the auto manufacturer’s stock worth $252,248,000 after purchasing an additional 312,496 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in shares of Ford Motor by 11.0% in the first quarter. Jacobs Levy Equity Management Inc. now owns 12,290,204 shares of the auto manufacturer’s stock valued at $163,214,000 after purchasing an additional 1,214,640 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its holdings in Ford Motor by 0.5% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 9,375,847 shares of the auto manufacturer’s stock valued at $124,511,000 after purchasing an additional 51,035 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

F has been the subject of several recent analyst reports. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research report on Tuesday, September 10th. Wolfe Research assumed coverage on Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Finally, StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $12.72.

Ford Motor Stock Performance

Shares of F opened at $10.72 on Monday. The business’s fifty day moving average price is $10.64 and its 200 day moving average price is $11.84. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The stock has a market capitalization of $42.80 billion, a PE ratio of 11.05, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

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 return on equity of 15.28% and a net margin of 2.13%. The company had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. During the same period in the prior year, the business earned $0.72 earnings per share. Ford Motor’s quarterly revenue was up 6.3% on a year-over-year basis. Equities research analysts forecast that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.60%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio is presently 61.86%.

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.