Ford Motor Company (NYSE:F) Shares Acquired by Strategic Investment Advisors MI

Strategic Investment Advisors MI grew its holdings in Ford Motor Company (NYSE:F) by 4.1% during the first quarter, HoldingsChannel reports. The fund owned 61,708 shares of the auto manufacturer’s stock after purchasing an additional 2,432 shares during the period. Strategic Investment Advisors MI’s holdings in Ford Motor were worth $619,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Grove Bank & Trust raised its stake in Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after acquiring an additional 1,882 shares in the last quarter. Flagship Wealth Advisors LLC acquired a new position in Ford Motor in the fourth quarter valued at $30,000. Spurstone Advisory Services LLC purchased a new position in shares of Ford Motor during the fourth quarter worth about $31,000. Wood Tarver Financial Group LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth about $31,000. Finally, BankPlus Trust Department acquired a new stake in shares of Ford Motor during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of a number of research analyst reports. Citigroup upped their target price on Ford Motor from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday, May 7th. UBS Group reduced their price objective on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Barclays increased their price objective on Ford Motor from $8.00 to $9.00 and gave the company an “equal weight” rating in a report on Tuesday, May 6th. Wall Street Zen upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th. Finally, The Goldman Sachs Group lifted their target price on shares of Ford Motor from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Tuesday, May 6th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $10.03.

Ford Motor Stock Performance

Shares of F opened at $10.50 on Thursday. The stock has a market capitalization of $41.75 billion, a P/E ratio of 8.40, a P/E/G ratio of 0.91 and a beta of 1.50. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $14.85. The company’s fifty day moving average is $10.32 and its two-hundred day moving average is $9.96.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The business’s revenue was down 6.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 earnings per share. On average, sell-side analysts predict that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.71%. The ex-dividend date was Monday, May 12th. Ford Motor’s payout ratio is 48.00%.

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.