Lineweaver Wealth Advisors LLC Grows Position in Ford Motor Company $F

Lineweaver Wealth Advisors LLC grew its holdings in Ford Motor Company (NYSE:F) by 7.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,501 shares of the auto manufacturer’s stock after buying an additional 1,946 shares during the period. Lineweaver Wealth Advisors LLC’s holdings in Ford Motor were worth $320,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Ford Motor by 13.8% in the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer’s stock valued at $4,590,333,000 after acquiring an additional 55,576,478 shares during the last quarter. Pacer Advisors Inc. grew its position in shares of Ford Motor by 6,915.1% in the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock valued at $492,253,000 after purchasing an additional 48,378,444 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Ford Motor in the first quarter valued at approximately $123,147,000. Charles Schwab Investment Management Inc. lifted its position in Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after buying an additional 10,947,527 shares in the last quarter. Finally, Voloridge Investment Management LLC increased its stake in shares of Ford Motor by 2,905.1% in the 4th quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer’s stock worth $79,096,000 after acquiring an additional 7,723,601 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

F has been the topic of several analyst reports. Piper Sandler lifted their price target on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a report on Thursday, July 31st. JPMorgan Chase & Co. lifted their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. Royal Bank Of Canada increased their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 5th. Jefferies Financial Group lifted their price target on shares of Ford Motor from $8.00 to $9.00 and gave the company an “underperform” rating in a research report on Monday, August 11th. Finally, Barclays increased their price objective on Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Ford Motor has a consensus rating of “Reduce” and an average price target of $10.53.

Ford Motor Price Performance

Ford Motor stock opened at $11.61 on Wednesday. The company’s 50 day simple moving average is $11.47 and its 200-day simple moving average is $10.63. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $11.99. The company has a market capitalization of $46.21 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 3.36 and a beta of 1.52.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. 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 company posted $0.47 EPS. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. As a group, equities research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.2%. Ford Motor’s payout ratio is presently 76.92%.

Insider Activity

In related news, insider Andrew Frick sold 30,000 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the insider owned 113,939 shares of the company’s stock, valued at approximately $1,253,329. This represents a 20.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.48% of the company’s stock.

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.