Integrity Alliance LLC. trimmed its position in Ford Motor Company (NYSE:F – Free Report) by 76.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,094 shares of the auto manufacturer’s stock after selling 51,876 shares during the period. Integrity Alliance LLC.’s holdings in Ford Motor were worth $175,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of F. Mather Group LLC. grew its stake in Ford Motor by 125.2% in the first quarter. Mather Group LLC. now owns 12,940 shares of the auto manufacturer’s stock worth $130,000 after purchasing an additional 7,193 shares in the last quarter. Keybank National Association OH grew its stake in Ford Motor by 2.7% in the first quarter. Keybank National Association OH now owns 125,563 shares of the auto manufacturer’s stock worth $1,259,000 after purchasing an additional 3,297 shares in the last quarter. First Horizon Advisors Inc. grew its stake in Ford Motor by 142.2% in the first quarter. First Horizon Advisors Inc. now owns 16,550 shares of the auto manufacturer’s stock worth $166,000 after purchasing an additional 9,717 shares in the last quarter. Mutual Advisors LLC grew its stake in Ford Motor by 21.6% in the first quarter. Mutual Advisors LLC now owns 92,554 shares of the auto manufacturer’s stock worth $929,000 after purchasing an additional 16,466 shares in the last quarter. Finally, D.A. Davidson & CO. grew its stake in Ford Motor by 4.5% in the first quarter. D.A. Davidson & CO. now owns 220,175 shares of the auto manufacturer’s stock worth $2,208,000 after purchasing an additional 9,432 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on F shares. Jefferies Financial Group upgraded Ford Motor from an “underperform” rating to a “hold” rating and lifted their price target for the stock from $9.00 to $12.00 in a research note on Monday, October 6th. Barclays lifted their target price on Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Monday, October 27th. Royal Bank Of Canada lifted their target price on Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a research note on Friday, October 24th. Weiss Ratings restated a “hold (c)” rating on shares of Ford Motor in a research note on Tuesday, October 14th. Finally, JPMorgan Chase & Co. lifted their target price on Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Two analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $11.73.
Ford Motor Stock Performance
F opened at $13.13 on Monday. The business’s 50 day moving average is $12.01 and its 200-day moving average is $11.22. The stock has a market cap of $52.30 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 4.03 and a beta of 1.53. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.97.
Ford Motor (NYSE:F – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. The company had revenue of $50.53 billion for the quarter, compared to analysts’ expectations of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 earnings per share. On average, 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 declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, November 7th. Ford Motor’s payout ratio is 51.72%.
Ford Motor 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.
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