Olistico Wealth LLC boosted its stake in shares of Ford Motor Company (NYSE:F – Free Report) by 75.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,500 shares of the auto manufacturer’s stock after buying an additional 1,500 shares during the quarter. Olistico Wealth LLC’s holdings in Ford Motor were worth $38,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Advisors Capital Management LLC raised its holdings in shares of Ford Motor by 9.6% in the 1st quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock worth $126,000 after purchasing an additional 1,100 shares during the period. Tounjian Advisory Partners LLC bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $974,000. FORA Capital LLC bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $7,398,000. Generali Investments CEE investicni spolecnost a.s. raised its holdings in shares of Ford Motor by 25.0% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer’s stock worth $3,009,000 after purchasing an additional 60,000 shares during the period. Finally, Teza Capital Management LLC bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $465,000. Institutional investors own 58.74% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on F shares. JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a report on Monday, July 21st. The Goldman Sachs Group lifted their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, September 29th. Piper Sandler lifted their price objective on shares of Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Ford Motor in a research note on Saturday, September 27th. Finally, Jefferies Financial Group lifted their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the company an “underperform” rating in a research note on Monday, August 11th. Two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Ford Motor currently has a consensus rating of “Reduce” and an average target price of $10.71.
Ford Motor Stock Performance
NYSE F opened at $12.66 on Friday. Ford Motor Company has a 52-week low of $8.44 and a 52-week high of $12.67. 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 company has a market capitalization of $50.39 billion, a P/E ratio of 16.23, a P/E/G ratio of 3.64 and a beta of 1.53. The company has a fifty day moving average of $11.58 and a 200-day moving average of $10.82.
Ford Motor (NYSE:F – Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) 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 company had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. During the same period in the previous year, the firm posted $0.47 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. As a group, equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current fiscal year.
Ford Motor Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were given a $0.15 dividend. The ex-dividend date was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.7%. Ford Motor’s payout ratio is presently 76.92%.
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.
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