Rehmann Capital Advisory Group Has $1.01 Million Position in Ford Motor Company $F

Rehmann Capital Advisory Group reduced its stake in Ford Motor Company (NYSE:F) by 1.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 92,971 shares of the auto manufacturer’s stock after selling 1,442 shares during the period. Rehmann Capital Advisory Group’s holdings in Ford Motor were worth $1,009,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of F. Asset Management One Co. Ltd. boosted its position in shares of Ford Motor by 7.3% in the first quarter. Asset Management One Co. Ltd. now owns 1,592,082 shares of the auto manufacturer’s stock valued at $15,969,000 after acquiring an additional 108,007 shares during the period. AssuredPartners Investment Advisors LLC boosted its position in shares of Ford Motor by 8.2% in the first quarter. AssuredPartners Investment Advisors LLC now owns 45,601 shares of the auto manufacturer’s stock valued at $457,000 after acquiring an additional 3,462 shares during the period. Cornerstone Wealth Group LLC boosted its position in shares of Ford Motor by 26.8% in the first quarter. Cornerstone Wealth Group LLC now owns 14,487 shares of the auto manufacturer’s stock valued at $145,000 after acquiring an additional 3,058 shares during the period. Econ Financial Services Corp boosted its position in shares of Ford Motor by 11.1% in the first quarter. Econ Financial Services Corp now owns 231,797 shares of the auto manufacturer’s stock valued at $2,325,000 after acquiring an additional 23,157 shares during the period. Finally, Strategic Investment Advisors MI boosted its position in shares of Ford Motor by 4.1% in the first quarter. Strategic Investment Advisors MI now owns 61,708 shares of the auto manufacturer’s stock valued at $619,000 after acquiring an additional 2,432 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Down 1.0%

Shares of NYSE F opened at $12.44 on Thursday. The company has a 50 day simple moving average of $11.79 and a 200 day simple moving average of $10.99. The firm has a market cap of $49.49 billion, a PE ratio of 15.94, a price-to-earnings-growth ratio of 3.69 and a beta of 1.53. 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 issued its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. The business had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business earned $0.47 EPS. On average, research analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s dividend payout ratio is currently 76.92%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and upped their price objective for the stock from $9.00 to $12.00 in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ford Motor in a research report on Tuesday, October 14th. Barclays upped their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. JPMorgan Chase & Co. upped their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, The Goldman Sachs Group upped their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. Two investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $11.11.

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.