Stifel Financial Corp Lowers Holdings in Ford Motor Company (F)

Stifel Financial Corp decreased its holdings in shares of Ford Motor Company (NYSE:F) by 4.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,119,108 shares of the auto manufacturer’s stock after selling 54,805 shares during the period. Stifel Financial Corp’s holdings in Ford Motor were worth $12,481,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Balentine LLC raised its holdings in shares of Ford Motor by 2.6% in the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 231 shares during the last quarter. Captrust Financial Advisors purchased a new stake in shares of Ford Motor in the second quarter valued at about $106,000. Archford Capital Strategies LLC raised its holdings in shares of Ford Motor by 7.8% in the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after purchasing an additional 676 shares during the last quarter. Reilly Financial Advisors LLC raised its holdings in shares of Ford Motor by 1.5% in the second quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after purchasing an additional 150 shares during the last quarter. Finally, Kelman Lazarov Inc. purchased a new stake in shares of Ford Motor in the second quarter valued at about $116,000. Hedge funds and other institutional investors own 54.35% of the company’s stock.

Shares of Ford Motor Company (NYSE:F) opened at 12.38 on Thursday. The stock has a 50 day moving average of $11.64 and a 200-day moving average of $11.30. The stock has a market capitalization of $49.17 billion, a P/E ratio of 13.03 and a beta of 1.12. Ford Motor Company has a one year low of $10.47 and a one year high of $13.27.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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. The company had revenue of $36.93 billion during 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 firm’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 EPS. Equities analysts forecast that Ford Motor Company will post $1.75 earnings per share for the current year.

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In related news, insider Steven R. Armstrong sold 22,076 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $12.37, for a total transaction of $273,080.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Joseph R. Hinrichs sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $11.34, for a total value of $453,600.00. Following the transaction, the insider now owns 532,435 shares of the company’s stock, valued at $6,037,812.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 217,700 shares of company stock valued at $2,486,044. 1.08% of the stock is currently owned by corporate insiders.

Several analysts have recently commented on the stock. BidaskClub downgraded shares of Ford Motor from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. ValuEngine downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, June 17th. Royal Bank Of Canada reiterated a “buy” rating and issued a $13.00 target price on shares of Ford Motor in a report on Monday, September 18th. Piper Jaffray Companies reiterated a “buy” rating and issued a $14.00 target price on shares of Ford Motor in a report on Friday, July 28th. Finally, Vetr downgraded shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 target price for the company. in a report on Monday, September 4th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $12.46.

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.

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

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