First Allied Advisory Services Inc. Acquires 12,981 Shares of Ford Motor Company (F)

First Allied Advisory Services Inc. grew its holdings in Ford Motor Company (NYSE:F) by 6.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 212,984 shares of the auto manufacturer’s stock after acquiring an additional 12,981 shares during the quarter. First Allied Advisory Services Inc.’s holdings in Ford Motor were worth $2,384,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. BlackRock Inc. increased its position in Ford Motor by 2,991.4% during the 1st quarter. BlackRock Inc. now owns 229,005,290 shares of the auto manufacturer’s stock valued at $2,665,619,000 after purchasing an additional 221,597,419 shares during the period. Pzena Investment Management LLC increased its position in Ford Motor by 38.4% during the 2nd quarter. Pzena Investment Management LLC now owns 23,812,718 shares of the auto manufacturer’s stock valued at $266,464,000 after purchasing an additional 6,611,425 shares during the period. Vanguard Group Inc. increased its position in Ford Motor by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer’s stock valued at $3,048,866,000 after purchasing an additional 6,013,577 shares during the period. Franklin Resources Inc. increased its position in Ford Motor by 5.7% during the 2nd quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock valued at $981,407,000 after purchasing an additional 4,706,379 shares during the period. Finally, Morgan Stanley increased its position in Ford Motor by 11.5% during the 1st quarter. Morgan Stanley now owns 39,103,837 shares of the auto manufacturer’s stock valued at $455,168,000 after purchasing an additional 4,040,717 shares during the period. 54.35% of the stock is owned by institutional investors.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The business had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. During the same period last year, the business posted $0.52 EPS. The business’s revenue was down .5% compared to the same quarter last year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, October 23rd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.95%. Ford Motor’s payout ratio is 63.16%.

A number of research firms have weighed in on F. Barclays PLC downgraded shares of Ford Motor from an “overweight” rating to a “hold” rating and set a $15.00 target price for the company. in a research report on Friday. Vetr raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 target price for the company in a research report on Friday. Guggenheim began coverage on shares of Ford Motor in a research report on Wednesday, June 21st. They set a “neutral” rating and a $13.00 target price for the company. ValuEngine downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. Finally, Buckingham Research reissued a “hold” rating and set a $11.00 target price on shares of Ford Motor in a research report on Thursday, August 24th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have given a buy rating to the stock. Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.50.

In other Ford Motor news, insider Joseph R. Hinrichs sold 40,000 shares of Ford Motor stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $11.34, for a total transaction of $453,600.00. Following the completion of the sale, the insider now owns 532,435 shares of the company’s stock, valued at approximately $6,037,812.90. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP John T. Lawler sold 80,624 shares of Ford Motor stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total value of $886,864.00. Following the sale, the vice president now directly owns 10 shares of the company’s stock, valued at approximately $110. The disclosure for this sale can be found here. Insiders sold a total of 217,700 shares of company stock valued at $2,486,044 in the last three months. Insiders own 1.08% of the company’s stock.

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About Ford Motor

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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