LRI Investments LLC Grows Position in Ford Motor Company $F

LRI Investments LLC grew its stake in shares of Ford Motor Company (NYSE:F) by 23.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,245 shares of the auto manufacturer’s stock after purchasing an additional 1,000 shares during the quarter. LRI Investments LLC’s holdings in Ford Motor were worth $57,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Integrated Advisors Network LLC lifted its stake in Ford Motor by 11.6% in the first quarter. Integrated Advisors Network LLC now owns 23,140 shares of the auto manufacturer’s stock worth $232,000 after acquiring an additional 2,413 shares during the period. Fifth Third Bancorp lifted its stake in Ford Motor by 13.9% in the first quarter. Fifth Third Bancorp now owns 140,849 shares of the auto manufacturer’s stock worth $1,413,000 after acquiring an additional 17,206 shares during the period. NorthCrest Asset Manangement LLC lifted its stake in Ford Motor by 7.6% in the first quarter. NorthCrest Asset Manangement LLC now owns 16,203 shares of the auto manufacturer’s stock worth $163,000 after acquiring an additional 1,140 shares during the period. CVA Family Office LLC lifted its stake in Ford Motor by 46.6% in the first quarter. CVA Family Office LLC now owns 6,595 shares of the auto manufacturer’s stock worth $66,000 after acquiring an additional 2,096 shares during the period. Finally, Exchange Traded Concepts LLC lifted its stake in Ford Motor by 45.7% in the first quarter. Exchange Traded Concepts LLC now owns 58,795 shares of the auto manufacturer’s stock worth $590,000 after acquiring an additional 18,444 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $11.56 on Tuesday. 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. The business has a fifty day moving average price of $11.68 and a 200-day moving average price of $10.90. The company has a market capitalization of $45.99 billion, a PE ratio of 14.81, a PEG ratio of 3.26 and a beta of 1.53.

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

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. Ford Motor’s dividend payout ratio (DPR) is presently 76.92%.

Analysts Set New Price Targets

A number of brokerages recently commented on F. The Goldman Sachs Group raised their price target on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, September 29th. Piper Sandler raised their price target on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and raised their price objective for the company from $9.00 to $12.00 in a research report on Monday, October 6th. Finally, Wells Fargo & Company raised their price objective on Ford Motor from $8.00 to $10.00 and gave the company an “underweight” rating in a research report on Friday, October 3rd. Two equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target 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.