Uptick Partners LLC Raises Stock Holdings in Ford Motor Company $F

Uptick Partners LLC boosted its holdings in shares of Ford Motor Company (NYSE:F) by 17.7% during the second quarter, HoldingsChannel.com reports. The firm owned 12,121 shares of the auto manufacturer’s stock after purchasing an additional 1,821 shares during the period. Uptick Partners LLC’s holdings in Ford Motor were worth $132,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Grove Bank & Trust boosted its position in Ford Motor by 289.1% during the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,882 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new position in Ford Motor during the second quarter worth approximately $25,000. Elite Financial Inc. purchased a new position in Ford Motor during the first quarter worth approximately $27,000. Olde Wealth Management LLC purchased a new position in Ford Motor during the first quarter worth approximately $28,000. Finally, MorganRosel Wealth Management LLC purchased a new position in Ford Motor during the first quarter worth approximately $30,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

NYSE:F opened at $11.75 on Thursday. Ford Motor Company has a one year low of $8.44 and a one year high of $12.80. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The stock has a market cap of $46.74 billion, a PE ratio of 15.06, a P/E/G ratio of 3.37 and a beta of 1.53. The stock has a 50 day moving average price of $11.70 and a 200 day moving average price of $10.91.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The firm had revenue of $50.18 billion during the quarter, compared to analysts’ expectations of $42.91 billion. During the same quarter last year, the firm earned $0.47 earnings per share. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. Equities research analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.1%. Ford Motor’s dividend payout ratio (DPR) is 76.92%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on F shares. Barclays increased their target price on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a report on Wednesday, July 16th. Royal Bank Of Canada increased their target price on Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a report on Tuesday, August 5th. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. UBS Group increased their target price on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a report on Monday, October 6th. Finally, The Goldman Sachs Group increased their target price on Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, September 29th. Two research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus price target of $11.04.

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.