Koch Industries Inc. Takes Position in Ford Motor Company (F)

Koch Industries Inc. acquired a new stake in Ford Motor Company (NYSE:F) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 323,876 shares of the auto manufacturer’s stock, valued at approximately $297,000.

Other hedge funds have also recently made changes to their positions in the company. Bridgewater Associates LP acquired a new stake in Ford Motor during the first quarter worth about $2,342,000. Mathes Company Inc. acquired a new stake in Ford Motor during the second quarter worth about $571,000. CWA Asset Management Group LLC acquired a new stake in Ford Motor in the first quarter valued at approximately $122,000. AE Wealth Management LLC grew its holdings in Ford Motor by 37.5% in the first quarter. AE Wealth Management LLC now owns 170,943 shares of the auto manufacturer’s stock valued at $1,990,000 after purchasing an additional 46,598 shares during the period. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH grew its holdings in Ford Motor by 133.0% in the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 584,761 shares of the auto manufacturer’s stock valued at $6,805,000 after purchasing an additional 333,821 shares during the period. 54.36% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have recently weighed in on F. Vetr downgraded Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 target price on the stock. in a research report on Tuesday, July 4th. Buckingham Research restated a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research report on Thursday, August 24th. Zacks Investment Research downgraded Ford Motor from a “hold” rating to a “sell” rating in a research report on Tuesday. Royal Bank Of Canada reiterated a “buy” rating on shares of Ford Motor in a research report on Tuesday, August 15th. Finally, Instinet downgraded Ford Motor from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $14.80 to $11.60 in a research report on Wednesday, August 9th. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $12.44.

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In other Ford Motor news, insider Steven R. Armstrong sold 22,076 shares of Ford Motor stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $12.37, for a total transaction of $273,080.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP John T. Lawler sold 80,624 shares of Ford Motor stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total transaction of $886,864.00. Following the sale, the vice president now owns 10 shares of the company’s stock, valued at $110. The disclosure for this sale can be found here. Insiders sold 217,700 shares of company stock valued at $2,486,044 over the last 90 days. 1.08% of the stock is owned by company insiders.

Ford Motor Company (NYSE F) traded down 1.71% during mid-day trading on Friday, hitting $12.06. The stock had a trading volume of 33,925,366 shares. The firm has a market cap of $47.90 billion, a PE ratio of 12.69 and a beta of 1.12. Ford Motor Company has a 12-month low of $10.47 and a 12-month high of $13.27. The company has a 50-day moving average of $11.95 and a 200-day moving average of $11.35.

Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.10. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The company had revenue of $33.65 billion during the quarter, compared to analyst estimates of $32.80 billion. During the same period last year, the business earned $0.26 earnings per share. Ford Motor’s revenue was up .9% compared to the same quarter last year. Analysts expect that Ford Motor Company will post $1.76 earnings per share for the current year.

The company 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. The ex-dividend date is Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.98%. Ford Motor’s dividend payout ratio (DPR) is currently 54.55%.

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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