MML Investors Services LLC Acquires 28,606 Shares of Ford Motor (NYSE:F)

MML Investors Services LLC grew its position in shares of Ford Motor (NYSE:F) by 6.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 461,721 shares of the auto manufacturer’s stock after buying an additional 28,606 shares during the period. MML Investors Services LLC’s holdings in Ford Motor were worth $4,054,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of F. Intrust Bank NA lifted its holdings in Ford Motor by 9.8% in the 1st quarter. Intrust Bank NA now owns 37,221 shares of the auto manufacturer’s stock worth $327,000 after buying an additional 3,308 shares during the period. Sawtooth Solutions LLC increased its stake in shares of Ford Motor by 6.3% during the first quarter. Sawtooth Solutions LLC now owns 137,171 shares of the auto manufacturer’s stock worth $1,201,000 after acquiring an additional 8,113 shares during the period. Global Financial Private Capital LLC increased its stake in shares of Ford Motor by 18.9% during the first quarter. Global Financial Private Capital LLC now owns 12,331 shares of the auto manufacturer’s stock worth $108,000 after acquiring an additional 1,959 shares during the period. Xact Kapitalforvaltning AB increased its stake in shares of Ford Motor by 10.1% during the first quarter. Xact Kapitalforvaltning AB now owns 696,577 shares of the auto manufacturer’s stock worth $6,116,000 after acquiring an additional 63,632 shares during the period. Finally, Bluestein R H & Co. increased its stake in shares of Ford Motor by 259.2% during the first quarter. Bluestein R H & Co. now owns 2,329,166 shares of the auto manufacturer’s stock worth $20,450,000 after acquiring an additional 1,680,793 shares during the period. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

In related news, VP Catherine A. O’callaghan sold 53,000 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $10.33, for a total transaction of $547,490.00. Following the completion of the sale, the vice president now directly owns 48,275 shares of the company’s stock, valued at approximately $498,680.75. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO James P. Hackett sold 20,000 shares of the stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $9.61, for a total value of $192,200.00. Following the sale, the chief executive officer now directly owns 214,575 shares of the company’s stock, valued at $2,062,065.75. The disclosure for this sale can be found here. Corporate insiders own 0.83% of the company’s stock.

NYSE F traded up $0.03 on Friday, hitting $10.23. 37,551,249 shares of the company were exchanged, compared to its average volume of 40,635,520. The firm’s 50 day simple moving average is $9.97. The company has a market cap of $40.69 billion, a P/E ratio of 7.87, a P/E/G ratio of 0.99 and a beta of 1.13. The company has a current ratio of 1.22, a quick ratio of 1.10 and a debt-to-equity ratio of 2.82. Ford Motor has a 1-year low of $7.41 and a 1-year high of $11.37.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, April 25th. The auto manufacturer reported $0.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.18. Ford Motor had a net margin of 1.94% and a return on equity of 14.41%. The business had revenue of $40.34 billion for the quarter, compared to the consensus estimate of $37.37 billion. During the same quarter in the prior year, the company earned $0.43 EPS. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. On average, analysts expect that Ford Motor will post 1.38 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, April 24th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, April 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.87%. Ford Motor’s dividend payout ratio (DPR) is presently 46.15%.

Several research analysts have weighed in on F shares. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating and set a $12.00 target price on the stock in a research report on Tuesday, April 30th. Goldman Sachs Group set a $13.00 target price on shares of Ford Motor and gave the stock a “buy” rating in a research report on Thursday, June 13th. Citigroup restated a “reduce” rating on shares of Ford Motor in a research report on Wednesday, April 10th. ValuEngine upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, May 8th. Finally, Credit Suisse Group started coverage on shares of Ford Motor in a research report on Wednesday. They set an “outperform” rating and a $13.00 target price on the stock. Three analysts have rated the stock with a sell rating, nine have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $10.70.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified 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.

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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