River Wealth Advisors LLC Sells 19,494 Shares of Ford Motor Company (F)

River Wealth Advisors LLC decreased its position in shares of Ford Motor Company (NYSE:F) by 24.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 60,646 shares of the auto manufacturer’s stock after selling 19,494 shares during the period. River Wealth Advisors LLC’s holdings in Ford Motor were worth $706,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of F. Vanguard Group Inc. raised its position in shares of Ford Motor by 2.3% in the first quarter. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer’s stock worth $3,048,866,000 after buying an additional 6,013,577 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Ford Motor by 10.8% in the first quarter. Geode Capital Management LLC now owns 40,887,644 shares of the auto manufacturer’s stock worth $475,306,000 after buying an additional 3,978,850 shares during the last quarter. Swiss National Bank raised its position in shares of Ford Motor by 27.2% in the first quarter. Swiss National Bank now owns 13,137,535 shares of the auto manufacturer’s stock worth $152,921,000 after buying an additional 2,811,700 shares during the last quarter. WINTON GROUP Ltd raised its position in shares of Ford Motor by 85.0% in the first quarter. WINTON GROUP Ltd now owns 4,625,995 shares of the auto manufacturer’s stock worth $55,836,000 after buying an additional 2,125,994 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of Ford Motor by 22.1% in the first quarter. American Century Companies Inc. now owns 9,429,411 shares of the auto manufacturer’s stock worth $109,758,000 after buying an additional 1,706,419 shares during the last quarter. 55.23% of the stock is owned by institutional investors.

Ford Motor Company (F) remained flat at $10.77 during trading on Friday. 32,300,117 shares of the company’s stock were exchanged. Ford Motor Company has a 52 week low of $10.67 and a 52 week high of $13.27. The firm has a market cap of $42.78 billion, a PE ratio of 11.34 and a beta of 1.11. The company has a 50 day moving average price of $11.24 and a 200 day moving average price of $11.60.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.13. The firm had revenue of $36.93 billion during the quarter, compared to the consensus estimate of $37.22 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The company’s revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.52 EPS. Equities research analysts forecast that Ford Motor Company will post $1.76 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, July 24th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.57%. The ex-dividend date is Thursday, July 20th. Ford Motor’s dividend payout ratio (DPR) is presently 63.16%.

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F has been the topic of a number of recent analyst reports. Royal Bank Of Canada restated a “buy” rating and set a $14.00 price target on shares of Ford Motor in a research note on Friday, May 5th. Nomura lowered shares of Ford Motor to a “hold” rating in a research note on Saturday, August 5th. Berenberg Bank set a $10.00 price target on shares of Ford Motor and gave the company a “sell” rating in a research note on Monday, June 12th. Vetr upgraded shares of Ford Motor from a “buy” rating to a “strong-buy” rating and set a $12.65 price target on the stock in a research note on Tuesday, July 25th. Finally, BidaskClub lowered shares of Ford Motor from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $12.60.

In other Ford Motor news, insider James D. Farley, Jr. sold 25,000 shares of the stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $11.16, for a total value of $279,000.00. Following the completion of the sale, the insider now owns 428,411 shares of the company’s stock, valued at $4,781,066.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP John T. Lawler sold 80,624 shares of the 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 completion of the sale, the vice president now directly owns 10 shares of the company’s stock, valued at approximately $110. The disclosure for this sale can be found here. 1.08% of the stock is currently owned by corporate insiders.

Ford Motor Company 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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