LRI Investments LLC Purchases 1,000 Shares of Ford Motor Company $F

LRI Investments LLC boosted its position in Ford Motor Company (NYSE:F) by 23.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,245 shares of the auto manufacturer’s stock after acquiring an additional 1,000 shares during the period. LRI Investments LLC’s holdings in Ford Motor were worth $57,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in F. Integrated Advisors Network LLC increased its position in shares of Ford Motor by 11.6% during the first quarter. Integrated Advisors Network LLC now owns 23,140 shares of the auto manufacturer’s stock valued at $232,000 after buying an additional 2,413 shares during the period. Fifth Third Bancorp increased its position in shares of Ford Motor by 13.9% during the first quarter. Fifth Third Bancorp now owns 140,849 shares of the auto manufacturer’s stock valued at $1,413,000 after buying an additional 17,206 shares during the period. NorthCrest Asset Manangement LLC increased its position in shares of Ford Motor by 7.6% during the first quarter. NorthCrest Asset Manangement LLC now owns 16,203 shares of the auto manufacturer’s stock valued at $163,000 after buying an additional 1,140 shares during the period. CVA Family Office LLC increased its position in shares of Ford Motor by 46.6% during the first quarter. CVA Family Office LLC now owns 6,595 shares of the auto manufacturer’s stock valued at $66,000 after buying an additional 2,096 shares during the period. Finally, Exchange Traded Concepts LLC increased its position in shares of Ford Motor by 45.7% during the first quarter. Exchange Traded Concepts LLC now owns 58,795 shares of the auto manufacturer’s stock valued at $590,000 after buying an additional 18,444 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Ford Motor in a research report on Saturday, September 27th. JPMorgan Chase & Co. upped their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Piper Sandler upped their price objective on shares of Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research report on Thursday, July 31st. Finally, Wells Fargo & Company upped their price objective on shares of Ford Motor from $8.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, October 3rd. Two investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.04.

Ford Motor Stock Up 1.3%

Shares of NYSE F opened at $11.56 on Tuesday. Ford Motor Company has a one year low of $8.44 and a one year high of $12.80. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The firm’s 50 day simple moving average is $11.68 and its two-hundred day simple moving average is $10.90. The stock has a market capitalization of $45.99 billion, a P/E ratio of 14.81, a PEG ratio of 3.26 and a beta of 1.53.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating 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 business had revenue of $50.18 billion for the quarter, compared to analysts’ expectations of $42.91 billion. During the same period last year, the business earned $0.47 earnings per share. The business’s quarterly revenue was up 5.0% on a year-over-year basis. As a group, analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed 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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s dividend payout ratio is 76.92%.

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.