Lesa Sroufe & Co Has $3.69 Million Stake in Ford Motor Company (F)

Lesa Sroufe & Co grew its stake in shares of Ford Motor Company (NYSE:F) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 330,111 shares of the auto manufacturer’s stock after buying an additional 4,486 shares during the period. Ford Motor accounts for approximately 3.4% of Lesa Sroufe & Co’s portfolio, making the stock its 17th largest holding. Lesa Sroufe & Co’s holdings in Ford Motor were worth $3,694,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in F. Argent Trust Co increased its position in shares of Ford Motor by 0.3% in the first quarter. Argent Trust Co now owns 11,226 shares of the auto manufacturer’s stock worth $131,000 after purchasing an additional 30 shares during the last quarter. JFS Wealth Advisors LLC increased its position in shares of Ford Motor by 0.3% in the second quarter. JFS Wealth Advisors LLC now owns 10,997 shares of the auto manufacturer’s stock worth $123,000 after purchasing an additional 33 shares during the last quarter. FNY Managed Accounts LLC increased its position in shares of Ford Motor by 0.3% in the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock worth $120,000 after purchasing an additional 34 shares during the last quarter. Donaldson Capital Management LLC increased its position in shares of Ford Motor by 0.3% in the second quarter. Donaldson Capital Management LLC now owns 13,851 shares of the auto manufacturer’s stock worth $155,000 after purchasing an additional 43 shares during the last quarter. Finally, Gainplan LLC increased its position in shares of Ford Motor by 0.4% in the second quarter. Gainplan LLC now owns 11,072 shares of the auto manufacturer’s stock worth $124,000 after purchasing an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 54.34% of the company’s stock.

Shares of Ford Motor Company (F) opened at 11.36 on Monday. The stock has a market cap of $45.12 billion, a price-to-earnings ratio of 11.96 and a beta of 1.12. Ford Motor Company has a 1-year low of $10.47 and a 1-year high of $13.27. The stock’s 50 day moving average price is $10.99 and its 200-day moving average price is $11.39.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.13. The firm had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS. On average, equities research analysts forecast that Ford Motor Company will post $1.75 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Monday, July 24th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.28%. The ex-dividend date was Thursday, July 20th. Ford Motor’s payout ratio is currently 63.16%.

Several research analysts recently weighed in on F shares. Royal Bank Of Canada restated a “buy” rating and issued a $14.00 price objective on shares of Ford Motor in a research report on Monday, May 15th. Jefferies Group LLC restated a “hold” rating and issued a $12.00 price objective on shares of Ford Motor in a research report on Monday, May 22nd. Deutsche Bank AG restated a “hold” rating and issued a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, May 24th. Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 price objective on the stock. in a research report on Wednesday, May 31st. Finally, Morgan Stanley upped their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, June 9th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $12.54.

In related news, VP John T. Lawler sold 80,624 shares of the business’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total transaction of $886,864.00. Following the completion of the transaction, the vice president now owns 10 shares in the company, valued at approximately $110. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Hau N. Thai-Tang sold 25,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $11.50, for a total value of $287,500.00. Following the transaction, the insider now owns 76,358 shares of the company’s stock, valued at approximately $878,117. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 145,624 shares of company stock valued at $1,627,964. 1.08% of the stock is owned by company insiders.

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Ford Motor Profile

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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