Bogart Wealth LLC Increases Holdings in Ford Motor Company $F

Bogart Wealth LLC lifted its position in shares of Ford Motor Company (NYSE:F) by 19.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,422 shares of the auto manufacturer’s stock after acquiring an additional 1,026 shares during the quarter. Bogart Wealth LLC’s holdings in Ford Motor were worth $70,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Advisors Capital Management LLC boosted its stake in shares of Ford Motor by 9.6% during the 1st quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock worth $126,000 after acquiring an additional 1,100 shares in the last quarter. FORA Capital LLC acquired a new position in shares of Ford Motor during the 1st quarter worth approximately $7,398,000. Generali Investments CEE investicni spolecnost a.s. raised its position in shares of Ford Motor by 25.0% during the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer’s stock worth $3,009,000 after purchasing an additional 60,000 shares during the last quarter. Teza Capital Management LLC acquired a new position in shares of Ford Motor during the 1st quarter worth approximately $465,000. Finally, Quantitative Investment Management LLC acquired a new position in shares of Ford Motor during the 1st quarter worth approximately $2,373,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Piper Sandler lifted their price objective on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research report on Thursday, July 31st. Royal Bank Of Canada lifted their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 5th. Wells Fargo & Company lifted their price objective on Ford Motor from $8.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, October 3rd. Barclays lifted their price objective on Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. Finally, Dbs Bank downgraded Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.11.

Ford Motor Trading Up 4.8%

Shares of F opened at $12.57 on Wednesday. The stock has a fifty day moving average of $11.77 and a two-hundred day moving average of $10.98. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The company has a market capitalization of $50.03 billion, a PE ratio of 16.12, a price-to-earnings-growth ratio of 3.49 and a beta of 1.53. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $12.80.

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. The company had revenue of $50.18 billion during 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%.Ford Motor’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.47 EPS. As a group, analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed 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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio is presently 76.92%.

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.