XML Financial LLC Sells 3,205 Shares of Ford Motor (NYSE:F)

XML Financial LLC reduced its holdings in Ford Motor (NYSE:F) by 12.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,373 shares of the auto manufacturer’s stock after selling 3,205 shares during the period. XML Financial LLC’s holdings in Ford Motor were worth $281,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of F. Price T Rowe Associates Inc. MD boosted its holdings in Ford Motor by 1.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock valued at $71,039,000 after purchasing an additional 59,082 shares during the period. Wedmont Private Capital boosted its holdings in Ford Motor by 33.1% in the 1st quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock valued at $232,000 after purchasing an additional 4,255 shares during the period. Hodges Capital Management Inc. boosted its holdings in Ford Motor by 18.3% in the 1st quarter. Hodges Capital Management Inc. now owns 95,500 shares of the auto manufacturer’s stock valued at $1,268,000 after purchasing an additional 14,750 shares during the period. Focus Financial Network Inc. ADV bought a new stake in Ford Motor in the 4th quarter valued at about $2,812,000. Finally, Park Avenue Securities LLC boosted its holdings in Ford Motor by 9.6% in the 1st quarter. Park Avenue Securities LLC now owns 155,951 shares of the auto manufacturer’s stock valued at $2,071,000 after purchasing an additional 13,597 shares during the period. Institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on F shares. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Citigroup upped their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. UBS Group upped their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Finally, The Goldman Sachs Group lowered their price objective on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus price target of $13.48.

Ford Motor Stock Performance

Shares of NYSE F traded up $0.17 during midday trading on Wednesday, hitting $10.85. 48,882,565 shares of the company’s stock traded hands, compared to its average volume of 54,708,723. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The stock has a market capitalization of $43.30 billion, a price-to-earnings ratio of 11.18, a price-to-earnings-growth ratio of 0.75 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The firm has a fifty day moving average of $11.93 and a 200 day moving average of $12.27.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). The firm had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.72 earnings per share. On average, analysts forecast that Ford Motor will post 1.94 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, August 7th. This represents a $0.60 annualized dividend and a yield of 5.53%. Ford Motor’s payout ratio is 61.86%.

Insiders Place Their Bets

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the transaction, the director now directly owns 168,601 shares in the company, valued at approximately $2,038,386.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.80% of the stock is currently owned by corporate insiders.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company 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.