Stamos Capital Partners L.P. Has $6.46 Million Position in Ford Motor Company $F

Stamos Capital Partners L.P. grew its holdings in Ford Motor Company (NYSE:F) by 25.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 595,174 shares of the auto manufacturer’s stock after buying an additional 121,526 shares during the quarter. Ford Motor accounts for approximately 1.2% of Stamos Capital Partners L.P.’s holdings, making the stock its 21st biggest holding. Stamos Capital Partners L.P.’s holdings in Ford Motor were worth $6,458,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Norges Bank bought a new position in Ford Motor in the 2nd quarter valued at $405,328,000. Marshall Wace LLP raised its holdings in shares of Ford Motor by 712.7% in the second quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after buying an additional 17,164,234 shares during the last quarter. Geode Capital Management LLC lifted its position in Ford Motor by 17.9% during the 2nd quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock worth $1,122,434,000 after buying an additional 15,748,694 shares in the last quarter. Nuveen LLC acquired a new stake in Ford Motor in the 1st quarter valued at about $123,147,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Ford Motor by 32.7% in the second quarter. Bank of New York Mellon Corp now owns 29,342,420 shares of the auto manufacturer’s stock worth $318,365,000 after acquiring an additional 7,238,424 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $13.07 on Wednesday. The stock’s fifty day simple moving average is $12.74 and its 200 day simple moving average is $11.76. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The company has a market capitalization of $52.06 billion, a PE ratio of 11.26 and a beta of 1.60. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $13.97.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.07. The company had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 earnings per share. On average, research analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 7th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.6%. Ford Motor’s payout ratio is presently 51.72%.

Analysts Set New Price Targets

Several research firms have recently commented on F. JPMorgan Chase & Co. increased their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Ford Motor in a research report on Monday. Morgan Stanley raised their price target on Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday. Barclays upped their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Monday, October 27th. Finally, Piper Sandler increased their price objective on shares of Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Three analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $12.04.

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.