Ford Motor Company (F) Shares Sold by Bancorpsouth Inc.

Bancorpsouth Inc. lowered its holdings in shares of Ford Motor Company (NYSE:F) by 0.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,518 shares of the auto manufacturer’s stock after selling 50 shares during the quarter. Bancorpsouth Inc.’s holdings in Ford Motor were worth $274,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in F. British Columbia Investment Management Corp grew its holdings in Ford Motor by 2.3% during the 1st quarter. British Columbia Investment Management Corp now owns 2,019,187 shares of the auto manufacturer’s stock valued at $23,503,000 after buying an additional 45,531 shares in the last quarter. Community Bank & Trust Waco Texas grew its holdings in Ford Motor by 1.7% during the 1st quarter. Community Bank & Trust Waco Texas now owns 214,852 shares of the auto manufacturer’s stock valued at $2,501,000 after buying an additional 3,619 shares in the last quarter. Meadow Creek Investment Management LLC grew its holdings in Ford Motor by 4.4% during the 1st quarter. Meadow Creek Investment Management LLC now owns 396,088 shares of the auto manufacturer’s stock valued at $4,610,000 after buying an additional 16,544 shares in the last quarter. Intrust Bank NA grew its holdings in Ford Motor by 6.5% during the 1st quarter. Intrust Bank NA now owns 40,660 shares of the auto manufacturer’s stock valued at $473,000 after buying an additional 2,473 shares in the last quarter. Finally, Teza Capital Management LLC grew its holdings in Ford Motor by 315.2% during the 1st quarter. Teza Capital Management LLC now owns 42,555 shares of the auto manufacturer’s stock valued at $495,000 after buying an additional 32,306 shares in the last quarter. Hedge funds and other institutional investors own 54.35% of the company’s stock.

In other Ford Motor news, insider Steven R. Armstrong sold 22,076 shares of the company’s stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $12.37, for a total transaction of $273,080.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP John T. Lawler sold 80,624 shares of the company’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total value of $886,864.00. Following the transaction, the vice president now owns 10 shares in the company, valued at $110. The disclosure for this sale can be found here. Insiders sold 217,700 shares of company stock worth $2,486,044 over the last quarter. 1.08% of the stock is currently owned by insiders.

Shares of Ford Motor Company (NYSE F) opened at 12.39 on Wednesday. Ford Motor Company has a 52 week low of $10.47 and a 52 week high of $13.27. The company has a market capitalization of $49.21 billion, a price-to-earnings ratio of 13.04 and a beta of 1.12. The company’s 50 day moving average price is $11.59 and its 200-day moving average price is $11.29.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The firm had revenue of $36.93 billion for the quarter, compared to analysts’ expectations of $37.22 billion. During the same period in the prior year, the firm posted $0.52 earnings per share. The firm’s quarterly revenue was down .5% on a year-over-year basis. Analysts anticipate that Ford Motor Company will post $1.75 earnings per share for the current fiscal year.

Several research firms have weighed in on F. Vetr cut Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 price target for the company. in a report on Tuesday, July 4th. Guggenheim began coverage on Ford Motor in a report on Wednesday, June 21st. They set a “neutral” rating and a $13.00 price target for the company. ValuEngine cut Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, June 17th. Buckingham Research restated a “hold” rating and set a $11.00 price target on shares of Ford Motor in a report on Thursday, August 24th. Finally, Bank of America Corporation restated a “buy” rating and set a $12.50 price target (down previously from $14.00) on shares of Ford Motor in a report on Friday, June 16th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have given a buy rating to the stock. Ford Motor has a consensus rating of “Hold” and a consensus price target of $12.46.

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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.

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

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