OMC Financial Services LTD Invests $991,000 in Ford Motor Company $F

OMC Financial Services LTD acquired a new position in Ford Motor Company (NYSE:F) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 71,313 shares of the auto manufacturer’s stock, valued at approximately $991,000.

A number of other institutional investors also recently bought and sold shares of the stock. MV Capital Management Inc. bought a new stake in Ford Motor during the fourth quarter valued at about $25,000. McMillan Office Inc. bought a new position in shares of Ford Motor in the fourth quarter worth about $26,000. Johnson Financial Group Inc. lifted its position in shares of Ford Motor by 55.4% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after buying an additional 837 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its position in shares of Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 1,230 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC bought a new position in shares of Ford Motor during the 4th quarter valued at approximately $32,000. 58.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on F shares. Morgan Stanley reissued an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. The Goldman Sachs Group lifted their price target on shares of Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. BNP Paribas Exane lifted their target price on shares of Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Citigroup raised shares of Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $19.00 to $20.00 in a report on Wednesday, July 29th. Finally, Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $15.68.

Ford Motor Stock Down 0.1%

NYSE:F opened at $14.36 on Monday. Ford Motor Company has a 1-year low of $11.11 and a 1-year high of $17.78. The company has a 50-day moving average of $14.18 and a 200 day moving average of $13.50. The firm has a market cap of $57.26 billion, a PE ratio of -7.68, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93.

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

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.15 per share. The ex-dividend date 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 currently -32.09%.

About Ford Motor

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.