Ford Motor Company (NYSE:F) Position Boosted by Meridian Wealth Management LLC

Cornelia Mascio
Agosto 13, 2017

Alliancebernstein has an ownership of 5,174,420 stocks of the auto manufacturer's shares valued $182,967,000 after scooping up an extra 2,407,818 shares through out the previous quarter, Lastly, State Street boosted its position in stocks of General Motors by 3.9% in the Q1.

The company is so far trading up by 0.32% since yesterday's close of $10.77. Wedbush Securities Inc.'s holdings in General Motors were worth $1,837,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Finally, Puplava Financial Services Inc. purchased a new stake in shares of Ford Motor during the first quarter valued at approximately $116,000. The fund owned 8,639,771 shares of the auto manufacturer's stock after buying an additional 903,953 shares during the period. TNB Financial purchased a new stake in shares of Ford Motor during the first quarter valued at about $119,000. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer's stock valued at $3,048,866,000 after buying an additional 6,013,577 shares during the last quarter. Finally, North Star Investment Management Corp. raised its stake in General Motors by 0.8% in the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer's stock worth $120,000 after buying an additional 34 shares during the last quarter. BlackRock Inc. raised its stake in General Motors by 1.1% in the second quarter. The fund owned 52,598 shares of the auto manufacturer's stock after buying an additional 5,851 shares during the period. Captrust Financial Advisors purchased a new stake in shares of Ford Motor during the second quarter valued at approximately $106,000. Granite Investment Advisors LLC now owns 333,395 shares of the auto manufacturer's stock worth $11,789,000 after buying an additional 39,598 shares during the period.

Ford Motor Company (NYSE:F) opened at 10.92 on Tuesday. Ford Motor has a 52 week low of $10.67 and a 52 week high of $13.27. The firm has a market capitalization of $43.37 billion, a P/E ratio of 11.49 and a beta of 1.11. The stock's 50 day moving average price is $35.37 and its 200-day moving average price is $35.14.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.13. The company had revenue of $36.98 billion during the quarter, compared to analyst estimates of $37.67 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The Prudential Plc holds 5.56M shares with $67.39M value, up from 5.25M last quarter. Equities research analysts forecast that Ford Motor Company will post $1.76 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. The dividend will be $0.150 per share for the quarter which is $0.60 annualized. The ex-dividend date is Thursday, July 20th. Ford Motor's dividend payout ratio (DPR) is now 63.16%.

Teachers Advisors LLC raised its stake in Ford Motor Company (NYSE:F) by 11.7% during the first quarter, according to its most recent disclosure with the SEC. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States and global trademark & copyright laws. The correct version of this news story can be read at https://www.com-unik.info/2017/08/13/general-motors-company-gm-lifted-to-buy-at-vetr-inc-updated-updated.html.

Several other equities research analysts have also recently issued reports on GM. Jefferies Group LLC reiterated a "neutral" rating on shares of Ford Motor in a research note on Monday, August 7th. Zacks Investment Research raised General Motors from a "sell" rating to a "hold" rating in a report on Friday, August 4th. Bank of America Corporation restated a "buy" rating and set a $12.50 price target (down previously from $14.00) on shares of Ford Motor in a research note on Friday, June 16th. Nomura lowered shares of Ford Motor to a "hold" rating in a research note on Saturday, August 5th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. Ford Motor presently has an average rating of "Hold" and an average price target of $12.60.

General Motors Company (NYSE:GM) (TSE:GMM.U) insider Charles K. Stevens III sold 16,000 shares of General Motors stock in a transaction on Friday, July 28th. The stock was sold at an average price of $11.16, for a total transaction of $279,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

In other news, VP John T. Lawler sold 80,624 shares of Ford Motor stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $32.84, for a total transaction of $1,526,140.48. Proshare Advisors LLC now owns 536,064 shares valued at $5,999,000. Amalgamated National Bank & Trust invested in 92,637 shares or 0.15% of the stock. The Company provides automotive financing services through General Motors Financial Company, Inc The Company develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC. 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.

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