Atlas Brown Inc. Has $640,000 Position in Ford Motor (NYSE:F)

Atlas Brown Inc. boosted its holdings in shares of Ford Motor (NYSE:FGet Rating) by 51.9% during the second quarter, Holdings Channel reports. The institutional investor owned 57,508 shares of the auto manufacturer’s stock after acquiring an additional 19,648 shares during the quarter. Atlas Brown Inc.’s holdings in Ford Motor were worth $640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Waterfront Wealth Inc. raised its stake in shares of Ford Motor by 4.8% during the 4th quarter. Waterfront Wealth Inc. now owns 14,481 shares of the auto manufacturer’s stock valued at $301,000 after purchasing an additional 663 shares during the period. Glassman Wealth Services raised its stake in shares of Ford Motor by 13.7% during the 1st quarter. Glassman Wealth Services now owns 5,511 shares of the auto manufacturer’s stock valued at $93,000 after purchasing an additional 666 shares during the period. GPS Wealth Strategies Group LLC raised its stake in shares of Ford Motor by 11.1% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 6,921 shares of the auto manufacturer’s stock valued at $117,000 after purchasing an additional 690 shares during the period. Twin Capital Management Inc. raised its stake in shares of Ford Motor by 1.5% during the 1st quarter. Twin Capital Management Inc. now owns 48,690 shares of the auto manufacturer’s stock valued at $823,000 after purchasing an additional 740 shares during the period. Finally, Simmons Bank grew its position in Ford Motor by 2.5% during the first quarter. Simmons Bank now owns 30,574 shares of the auto manufacturer’s stock worth $517,000 after buying an additional 749 shares in the last quarter. Institutional investors and hedge funds own 49.89% of the company’s stock.

Ford Motor Trading Down 4.8 %

Shares of NYSE:F traded down $0.61 during trading hours on Friday, hitting $12.16. 4,409,602 shares of the company’s stock traded hands, compared to its average volume of 65,438,168. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.16 and a quick ratio of 1.00. The firm has a market capitalization of $48.89 billion, a P/E ratio of 4.47, a price-to-earnings-growth ratio of 0.76 and a beta of 1.29. The business has a fifty day moving average price of $14.74 and a 200-day moving average price of $14.28. Ford Motor has a 1 year low of $10.61 and a 1 year high of $25.87.

Ford Motor (NYSE:FGet Rating) last issued its quarterly earnings results on Wednesday, July 27th. The auto manufacturer reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.25. Ford Motor had a return on equity of 16.91% and a net margin of 7.86%. The business had revenue of $37.91 billion for the quarter, compared to the consensus estimate of $35.17 billion. During the same period in the prior year, the firm posted $0.13 earnings per share. The business’s quarterly revenue was up 57.1% on a year-over-year basis. Equities analysts expect that Ford Motor will post 2.08 earnings per share for the current year.

Ford Motor Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Thursday, August 11th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.93%. This is an increase from Ford Motor’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, August 10th. Ford Motor’s dividend payout ratio is presently 20.98%.

Analyst Ratings Changes

Several equities analysts recently commented on the company. StockNews.com cut Ford Motor from a “buy” rating to a “hold” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft boosted their target price on Ford Motor from $12.00 to $13.00 in a research report on Thursday, July 28th. Bank of America reduced their target price on Ford Motor from $32.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, September 9th. The Goldman Sachs Group cut their price objective on Ford Motor from $18.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, June 1st. Finally, Morgan Stanley upped their price objective on Ford Motor from $13.00 to $14.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.28.

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.

Further Reading

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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