Ford Motor (NYSE:F) Stock Holdings Decreased by Toronto Dominion Bank

Toronto Dominion Bank reduced its position in Ford Motor (NYSE:F) by 63.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,805,084 shares of the auto manufacturer’s stock after selling 4,974,568 shares during the period. Toronto Dominion Bank owned about 0.07% of Ford Motor worth $37,252,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Fortis Group Advisors LLC boosted its holdings in shares of Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after purchasing an additional 1,086 shares during the period. Voisard Asset Management Group Inc. acquired a new stake in shares of Ford Motor during the fourth quarter worth approximately $27,000. Financial Synergies Wealth Advisors Inc. boosted its holdings in shares of Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,938 shares during the period. Fairman Group LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth approximately $31,000. Finally, Able Wealth Management LLC acquired a new stake in Ford Motor in the fourth quarter valued at approximately $32,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Up 0.2 %

Shares of NYSE:F traded up $0.03 during mid-day trading on Friday, reaching $11.19. The stock had a trading volume of 79,485,154 shares, compared to its average volume of 53,464,395. The firm has a market cap of $44.65 billion, a PE ratio of 11.53, a price-to-earnings-growth ratio of 0.88 and a beta of 1.62. The firm has a 50 day simple moving average of $12.55 and a two-hundred day simple moving average of $12.41. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. Ford Motor has a twelve month low of $9.63 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last announced 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). The firm had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.31%. The business’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.72 earnings per share. On average, research analysts predict that Ford Motor will post 2.03 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th will be issued 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 yield of 5.36%. Ford Motor’s dividend payout ratio (DPR) is currently 61.86%.

Insider Activity

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of Ford Motor stock in a transaction that occurred 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 sale, 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 Securities & Exchange Commission, which is available through the SEC website. 0.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

F has been the subject of a number of analyst reports. UBS Group lifted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Citigroup lifted their target price on shares of Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. The Goldman Sachs Group dropped their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday. Royal Bank of Canada lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Thursday, April 25th. Finally, Sanford C. Bernstein started coverage on shares of Ford Motor in a research report on Thursday, May 23rd. They issued an “outperform” rating and a $16.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $13.95.

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.