647,831 Shares in Ford Motor Company $F Purchased by Insight Wealth Partners LLC

Insight Wealth Partners LLC acquired a new position in shares of Ford Motor Company (NYSE:F) during the 2nd quarter, Holdings Channel reports. The fund acquired 647,831 shares of the auto manufacturer’s stock, valued at approximately $9,005,000. Ford Motor comprises about 1.2% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 6th largest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MV Capital Management Inc. purchased a new position in shares of Ford Motor in the 4th quarter worth approximately $25,000. McMillan Office Inc. purchased a new stake in Ford Motor during the 4th quarter valued at $26,000. Legacy Wealth Managment LLC ID lifted its position in Ford Motor by 108.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,230 shares during the last quarter. Johnson Financial Group Inc. lifted its position in Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after buying an additional 837 shares during the last quarter. Finally, Caldwell Trust Co boosted its stake in Ford Motor by 605.8% during the first quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 2,175 shares during the period. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Down 0.1%

Shares of F opened at $14.36 on Monday. The firm has a fifty day moving average price of $14.18 and a 200-day moving average price of $13.50. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The firm has a market capitalization of $57.26 billion, a P/E ratio of -7.68, a P/E/G ratio of 0.30 and a beta of 1.82. Ford Motor Company has a 12-month low of $11.11 and a 12-month high of $17.78.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.33 by $0.09. The company had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The firm’s revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.37 EPS. Equities research analysts expect that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.2%. Ford Motor’s dividend payout ratio (DPR) is -32.09%.

Analysts Set New Price Targets

F has been the topic of a number of analyst reports. BNP Paribas Exane boosted their price objective on shares of Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Dbs Bank raised shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, August 11th. Wells Fargo & Company upped their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Thursday, June 25th. DZ Bank raised shares of Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a research report on Friday, July 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research note on Wednesday, June 24th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $15.68.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.