Stratos Wealth Advisors LLC boosted its position in Ford Motor (NYSE:F – Get Rating) by 14.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 15,144 shares of the auto manufacturer's stock after purchasing an additional 1,858 shares during the period. Stratos Wealth Advisors LLC's holdings in Ford Motor were worth $169,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Snider Financial Group grew its position in shares of Ford Motor by 100,345.2% in the first quarter. Snider Financial Group now owns 219,805,167 shares of the auto manufacturer's stock valued at $3,717,000 after purchasing an additional 219,586,336 shares during the last quarter. Norges Bank acquired a new position in Ford Motor in the 4th quarter valued at $780,129,000. Vanguard Group Inc. increased its position in Ford Motor by 8.9% during the 1st quarter. Vanguard Group Inc. now owns 325,338,615 shares of the auto manufacturer's stock worth $5,501,475,000 after buying an additional 26,707,784 shares during the period. Prudential Financial Inc. lifted its holdings in shares of Ford Motor by 61.2% during the first quarter. Prudential Financial Inc. now owns 8,968,152 shares of the auto manufacturer's stock worth $151,652,000 after buying an additional 3,404,530 shares in the last quarter. Finally, Ardevora Asset Management LLP bought a new stake in shares of Ford Motor in the first quarter valued at about $52,800,000. Institutional investors own 49.89% of the company's stock.
Get Ford Motor alerts:Wall Street Analyst Weigh In
Several analysts have weighed in on the stock. Benchmark dropped their price objective on shares of Ford Motor to $23.00 in a research note on Tuesday, August 9th. TheStreet upgraded Ford Motor from a "c" rating to a "b-" rating in a research note on Wednesday, July 27th. Wells Fargo & Company reduced their price target on Ford Motor from $12.00 to $10.00 and set an "underweight" rating on the stock in a research report on Monday, July 11th. Bank of America dropped their price objective on Ford Motor from $32.00 to $28.00 and set a "buy" rating for the company in a report on Friday, September 9th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Ford Motor from $12.00 to $13.00 in a research report on Thursday, July 28th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $18.18.
Ford Motor Stock Performance
Shares of F stock opened at $12.51 on Thursday. The firm has a market capitalization of $50.29 billion, a price-to-earnings ratio of 4.37, a PEG ratio of 0.66 and a beta of 1.38. The company has a current ratio of 1.16, a quick ratio of 1.00 and a debt-to-equity ratio of 1.92. The business's 50-day moving average price is $14.62 and its 200-day moving average price is $13.99. Ford Motor has a 12 month low of $10.61 and a 12 month high of $25.87.Ford Motor (NYSE:F – Get Rating) last posted its earnings results on Wednesday, July 27th. The auto manufacturer reported $0.68 EPS for the quarter, topping the consensus estimate of $0.43 by $0.25. Ford Motor had a net margin of 7.86% and a return on equity of 16.91%. The business had revenue of $37.91 billion for the quarter, compared to the consensus estimate of $35.17 billion. During the same period last year, the company earned $0.13 EPS. The firm's revenue was up 57.1% compared to the same quarter last year. Equities research analysts forecast that Ford Motor will post 2.08 EPS for the current year.
Ford Motor Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Thursday, August 11th were given a dividend of $0.15 per share. This is a positive change from Ford Motor's previous quarterly dividend of $0.10. This represents a $0.60 annualized dividend and a yield of 4.80%. The ex-dividend date was Wednesday, August 10th. Ford Motor's dividend payout ratio (DPR) is currently 20.98%.
Ford Motor Company Profile
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Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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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