Stifel Financial Corp Sells 107,681 Shares of Ford Motor (NYSE:F)

Stifel Financial Corp cut its stake in Ford Motor (NYSE:F) by 9.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,011,427 shares of the auto manufacturer’s stock after selling 107,681 shares during the quarter. Stifel Financial Corp’s holdings in Ford Motor were worth $12,077,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Pinebridge Investments L.P. bought a new position in shares of Ford Motor in the third quarter worth approximately $154,000. San Francisco Sentry Investment Group CA boosted its position in shares of Ford Motor by 1,993.5% in the third quarter. San Francisco Sentry Investment Group CA now owns 18,025 shares of the auto manufacturer’s stock worth $216,000 after purchasing an additional 17,164 shares during the period. Tredje AP fonden boosted its position in shares of Ford Motor by 21.9% in the third quarter. Tredje AP fonden now owns 424,027 shares of the auto manufacturer’s stock worth $5,076,000 after purchasing an additional 76,252 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Ford Motor by 3.6% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 669,532 shares of the auto manufacturer’s stock worth $8,014,000 after buying an additional 23,000 shares in the last quarter. Finally, KBC Group NV lifted its holdings in shares of Ford Motor by 10.2% in the third quarter. KBC Group NV now owns 1,821,166 shares of the auto manufacturer’s stock worth $21,799,000 after buying an additional 168,659 shares in the last quarter. Institutional investors own 53.61% of the company’s stock.

A number of research firms recently issued reports on F. Zacks Investment Research downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Tuesday. Jefferies Group reaffirmed a “hold” rating and set a $12.00 price target on shares of Ford Motor in a research note on Sunday, September 10th. FIG Partners reissued a “hold” rating on shares of Ford Motor in a research note on Monday, October 9th. Piper Jaffray Companies set a $14.00 target price on shares of Ford Motor and gave the company a “buy” rating in a research note on Monday, October 16th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Ford Motor in a research note on Tuesday, November 28th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the stock. Ford Motor presently has an average rating of “Hold” and a consensus target price of $12.56.

In other news, insider Steven R. Armstrong sold 22,076 shares of the firm’s 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 legal filing with the SEC, which is accessible through this hyperlink. Also, insider Hau N. Thai-Tang sold 19,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. Insiders sold a total of 51,828 shares of company stock valued at $643,045 over the last ninety days. 1.08% of the stock is currently owned by insiders.

Ford Motor (F) traded up $0.17 during trading hours on Tuesday, hitting $12.66. 19,363,600 shares of the stock were exchanged, compared to its average volume of 31,300,000. The company has a market cap of $50,290.00, a PE ratio of 11.51, a P/E/G ratio of 0.65 and a beta of 1.25. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94. Ford Motor has a twelve month low of $10.47 and a twelve month high of $13.27.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The firm had revenue of $33.65 billion during the quarter, compared to analyst estimates of $32.80 billion. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. Ford Motor’s revenue was up .9% on a year-over-year basis. During the same period last year, the firm posted $0.26 EPS. equities analysts expect that Ford Motor will post 1.81 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Stifel Financial Corp Sells 107,681 Shares of Ford Motor (NYSE:F)” was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://www.truebluetribune.com/2018/01/03/stifel-financial-corp-has-12-08-million-position-in-ford-motor-company-f.html.

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)

Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply