Ford Motor Company $F Shares Acquired by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC raised its holdings in Ford Motor Company (NYSE:F) by 18.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 41,307 shares of the auto manufacturer’s stock after acquiring an additional 6,463 shares during the period. Future Financial Wealth Managment LLC’s holdings in Ford Motor were worth $448,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Grove Bank & Trust increased its stake in Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock valued at $25,000 after purchasing an additional 1,882 shares during the last quarter. Elite Financial Inc. acquired a new position in shares of Ford Motor during the 1st quarter valued at about $27,000. Olde Wealth Management LLC acquired a new position in shares of Ford Motor during the 1st quarter valued at about $28,000. MorganRosel Wealth Management LLC acquired a new position in shares of Ford Motor during the 1st quarter valued at about $30,000. Finally, WPG Advisers LLC acquired a new position in shares of Ford Motor during the 1st quarter valued at about $33,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

F stock opened at $12.66 on Friday. 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 $12.67. The stock has a 50-day simple moving average of $11.58 and a 200-day simple moving average of $10.82. The firm has a market cap of $50.39 billion, a P/E ratio of 16.23, a price-to-earnings-growth ratio of 3.51 and a beta of 1.53.

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

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were paid a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.7%. Ford Motor’s dividend payout ratio (DPR) is currently 76.92%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Jefferies Financial Group upped their price target on shares of Ford Motor from $8.00 to $9.00 and gave the stock an “underperform” rating in a research report on Monday, August 11th. Dbs Bank downgraded Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Wells Fargo & Company upped their price objective on Ford Motor from $8.00 to $10.00 and gave the stock an “underweight” rating in a report on Friday. Piper Sandler upped their price objective on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Finally, UBS Group upped their price target on Ford Motor from $9.00 to $11.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Ford Motor presently has a consensus rating of “Reduce” and an average target price of $10.71.

About Ford Motor

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.