Atria Investments LLC lifted its holdings in Ford Motor (NYSE:F – Get Rating) by 18.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 106,262 shares of the auto manufacturer’s stock after buying an additional 16,519 shares during the period. Atria Investments LLC’s holdings in Ford Motor were worth $1,797,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Sterling Investment Advisors Ltd. bought a new position in Ford Motor during the 4th quarter valued at about $27,000. Retirement Planning Co of New England Inc. bought a new position in Ford Motor during the 4th quarter valued at about $28,000. Thompson Siegel & Walmsley LLC bought a new position in Ford Motor during the 1st quarter valued at about $25,000. Rise Advisors LLC bought a new position in Ford Motor during the 4th quarter valued at about $39,000. Finally, West Bancorporation Inc. bought a new position in Ford Motor during the 4th quarter valued at about $42,000. 52.35% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Ford Motor
In other Ford Motor news, major shareholder Motor Co Ford sold 8,000,000 shares of the firm’s stock in a transaction that occurred on Monday, May 9th. The shares were sold at an average price of $26.80, for a total value of $214,400,000.00. Following the completion of the sale, the insider now directly owns 93,947,494 shares in the company, valued at $2,517,792,839.20. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, insider Ashwani Kumar Galhotra sold 25,892 shares of Ford Motor stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $12.41, for a total transaction of $321,319.72. Following the completion of the sale, the insider now directly owns 511,605 shares in the company, valued at $6,349,018.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Motor Co Ford sold 8,000,000 shares of Ford Motor stock in a transaction on Monday, May 9th. The stock was sold at an average price of $26.80, for a total transaction of $214,400,000.00. Following the sale, the insider now owns 93,947,494 shares of the company’s stock, valued at $2,517,792,839.20. The disclosure for this sale can be found here. Insiders sold a total of 15,025,892 shares of company stock worth $402,881,320 over the last three months. Corporate insiders own 0.71% of the company’s stock.
Ford Motor Price Performance
Shares of F opened at $12.84 on Tuesday. The company has a market cap of $51.61 billion, a price-to-earnings ratio of 4.52, a price-to-earnings-growth ratio of 2.25 and a beta of 1.21. Ford Motor has a twelve month low of $10.61 and a twelve month high of $25.87. The company has a quick ratio of 1.01, a current ratio of 1.17 and a debt-to-equity ratio of 1.94. The company has a 50 day moving average of $12.32 and a two-hundred day moving average of $15.57.
Ford Motor (NYSE:F – Get Rating) last announced its earnings results on Wednesday, April 27th. The auto manufacturer reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). The firm had revenue of $32.11 billion during the quarter, compared to analyst estimates of $30.39 billion. Ford Motor had a net margin of 8.57% and a return on equity of 12.46%. During the same quarter last year, the business earned $0.89 earnings per share. As a group, analysts predict that Ford Motor will post 1.9 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the stock. StockNews.com assumed coverage on shares of Ford Motor in a report on Thursday, March 31st. They set a “hold” rating on the stock. Exane BNP Paribas began coverage on shares of Ford Motor in a research note on Monday, April 11th. They issued an “outperform” rating on the stock. BNP Paribas began coverage on shares of Ford Motor in a research report on Monday, April 11th. They set an “outperform” rating on the stock. Berenberg Bank began coverage on shares of Ford Motor in a research report on Tuesday, May 10th. They set a “hold” rating and a $17.00 target price on the stock. Finally, Citigroup reduced their target price on shares of Ford Motor from $23.00 to $18.00 in a research report on Monday, March 28th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $17.91.
About Ford Motor
Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.
Receive News & Ratings for Ford Motor Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Ford Motor and related companies with MarketBeat.com’s FREE daily email newsletter.