Stephens Inc. AR lifted its holdings in shares of Ford Motor (NYSE:F) by 5.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 133,230 shares of the auto manufacturer’s stock after acquiring an additional 6,810 shares during the period. Stephens Inc. AR’s holdings in Ford Motor were worth $1,475,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of F. Kiley Juergens Wealth Management LLC acquired a new position in Ford Motor during the second quarter worth approximately $101,000. Credit Agricole S A increased its position in Ford Motor by 135.0% during the second quarter. Credit Agricole S A now owns 9,400 shares of the auto manufacturer’s stock worth $104,000 after buying an additional 5,400 shares during the period. Kaizen Advisory LLC increased its position in Ford Motor by 155.5% during the second quarter. Kaizen Advisory LLC now owns 9,745 shares of the auto manufacturer’s stock worth $108,000 after buying an additional 5,931 shares during the period. TRUE Private Wealth Advisors acquired a new position in Ford Motor during the second quarter worth approximately $112,000. Finally, Pinnacle Financial Partners Inc. acquired a new position in Ford Motor during the first quarter worth approximately $113,000. 54.16% of the stock is currently owned by institutional investors and hedge funds.
Ford Motor stock opened at $9.51 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80. Ford Motor has a 1-year low of $9.32 and a 1-year high of $13.48. The company has a market capitalization of $37.67 billion, a P/E ratio of 5.34, a price-to-earnings-growth ratio of 1.29 and a beta of 0.87.
Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 25th. The auto manufacturer reported $0.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.04). Ford Motor had a net margin of 4.27% and a return on equity of 17.43%. The business had revenue of $35.90 billion during the quarter, compared to analysts’ expectations of $35.63 billion. During the same quarter last year, the firm earned $0.56 earnings per share. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. equities analysts anticipate that Ford Motor will post 1.38 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 4th. Investors of record on Monday, July 23rd were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, July 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.31%. Ford Motor’s dividend payout ratio (DPR) is presently 33.71%.
F has been the topic of several analyst reports. Guggenheim reiterated a “hold” rating and issued a $11.50 target price on shares of Ford Motor in a research note on Friday, July 27th. Buckingham Research lowered their target price on Ford Motor from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, July 26th. Royal Bank of Canada reiterated a “hold” rating and issued a $11.50 target price on shares of Ford Motor in a research note on Thursday, July 26th. UBS Group lowered their target price on Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday, July 26th. Finally, ValuEngine downgraded Ford Motor from a “hold” rating to a “sell” rating in a research note on Wednesday, May 9th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $12.23.
In other Ford Motor news, Director John C. Lechleiter purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 2nd. The shares were purchased at an average cost of $9.89 per share, for a total transaction of $98,900.00. Following the completion of the purchase, the director now directly owns 45,000 shares in the company, valued at $445,050. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.95% of the stock is owned by insiders.
Ford Motor Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.
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