Leo Wealth LLC Takes $162,000 Position in Ford Motor Company $F

Leo Wealth LLC bought a new stake in Ford Motor Company (NYSE:F) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 14,907 shares of the auto manufacturer’s stock, valued at approximately $162,000.

Several other institutional investors also recently modified their holdings of F. Park Avenue Securities LLC grew its holdings in shares of Ford Motor by 13.7% in the first quarter. Park Avenue Securities LLC now owns 103,876 shares of the auto manufacturer’s stock valued at $1,042,000 after acquiring an additional 12,515 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Ford Motor by 99.0% in the first quarter. Farther Finance Advisors LLC now owns 67,875 shares of the auto manufacturer’s stock valued at $675,000 after acquiring an additional 33,764 shares in the last quarter. Simplicity Wealth LLC grew its holdings in shares of Ford Motor by 59.4% in the first quarter. Simplicity Wealth LLC now owns 30,622 shares of the auto manufacturer’s stock valued at $307,000 after acquiring an additional 11,409 shares in the last quarter. Handelsbanken Fonder AB grew its holdings in shares of Ford Motor by 5.5% in the first quarter. Handelsbanken Fonder AB now owns 514,439 shares of the auto manufacturer’s stock valued at $5,160,000 after acquiring an additional 26,946 shares in the last quarter. Finally, Integrated Advisors Network LLC grew its holdings in shares of Ford Motor by 11.6% in the first quarter. Integrated Advisors Network LLC now owns 23,140 shares of the auto manufacturer’s stock valued at $232,000 after acquiring an additional 2,413 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Down 0.7%

NYSE:F opened at $11.43 on Friday. The company has a market cap of $45.47 billion, a P/E ratio of 14.65, a P/E/G ratio of 3.31 and a beta of 1.53. The stock’s fifty day moving average price is $11.67 and its two-hundred day moving average price is $10.88. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $12.80. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.04. The firm had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.47 earnings per share. As a group, analysts expect that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio (DPR) is 76.92%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. UBS Group increased their price objective on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a report on Monday, October 6th. JPMorgan Chase & Co. increased their price objective on Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a report on Monday, July 21st. Royal Bank Of Canada increased their price objective on Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a report on Tuesday, August 5th. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. Finally, Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and increased their price objective for the company from $9.00 to $12.00 in a report on Monday, October 6th. Two analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $11.04.

Ford Motor Company Profile

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.