Liberty Mutual Group Asset Management Inc. Sells 67,985 Shares of Ford Motor Company (F)

Liberty Mutual Group Asset Management Inc. cut its stake in shares of Ford Motor Company (NYSE:F) by 24.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 213,514 shares of the auto manufacturer’s stock after selling 67,985 shares during the period. Liberty Mutual Group Asset Management Inc.’s holdings in Ford Motor were worth $2,484,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Argent Trust Co boosted its stake in shares of Ford Motor by 0.3% in the first quarter. Argent Trust Co now owns 11,226 shares of the auto manufacturer’s stock worth $131,000 after buying an additional 30 shares during the last quarter. Guardian Life Insurance Co. of America raised its position in shares of Ford Motor by 0.8% in the first quarter. Guardian Life Insurance Co. of America now owns 15,078 shares of the auto manufacturer’s stock worth $176,000 after buying an additional 123 shares during the period. Rockland Trust Co. raised its position in shares of Ford Motor by 0.4% in the first quarter. Rockland Trust Co. now owns 41,051 shares of the auto manufacturer’s stock worth $478,000 after buying an additional 159 shares during the period. Hanson McClain Inc. raised its position in shares of Ford Motor by 0.6% in the first quarter. Hanson McClain Inc. now owns 27,656 shares of the auto manufacturer’s stock worth $322,000 after buying an additional 164 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC raised its position in shares of Ford Motor by 1.0% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 20,520 shares of the auto manufacturer’s stock worth $231,000 after buying an additional 196 shares during the period. 55.38% of the stock is owned by institutional investors and hedge funds.

Ford Motor Company (NYSE:F) opened at 10.56 on Friday. The firm’s 50-day moving average price is $11.19 and its 200 day moving average price is $11.53. The company has a market capitalization of $41.94 billion, a price-to-earnings ratio of 11.12 and a beta of 1.11. Ford Motor Company has a one year low of $10.47 and a one year high of $13.27.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.13. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The firm had revenue of $36.93 billion during the quarter, compared to the consensus estimate of $37.22 billion. During the same quarter in the previous year, the firm posted $0.52 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year. On average, equities research analysts expect that Ford Motor Company will post $1.75 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, July 24th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.68%. The ex-dividend date of this dividend is Thursday, July 20th. Ford Motor’s dividend payout ratio is currently 63.16%.

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F has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Ford Motor from a “strong sell” rating to a “hold” rating in a report on Monday, April 24th. Nomura restated a “buy” rating and issued a $14.80 target price on shares of Ford Motor in a research note on Tuesday, May 2nd. Royal Bank Of Canada restated a “buy” rating and issued a $14.00 target price on shares of Ford Motor in a research note on Friday, May 5th. Jefferies Group LLC reiterated a “hold” rating and issued a $12.00 price target on shares of Ford Motor in a research report on Monday, May 22nd. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $14.00 target price on shares of Ford Motor in a research note on Wednesday, May 24th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $12.60.

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

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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