Chicago Partners Investment Group LLC Acquires 4,015 Shares of Ford Motor Company $F

Chicago Partners Investment Group LLC increased its holdings in Ford Motor Company (NYSE:F) by 22.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,533 shares of the auto manufacturer’s stock after purchasing an additional 4,015 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Ford Motor were worth $245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Ford Motor in the second quarter worth about $1,263,000. Quotient Wealth Partners LLC boosted its position in Ford Motor by 38.5% during the 2nd quarter. Quotient Wealth Partners LLC now owns 18,764 shares of the auto manufacturer’s stock valued at $204,000 after acquiring an additional 5,220 shares in the last quarter. Koshinski Asset Management Inc. boosted its position in Ford Motor by 5.0% during the 2nd quarter. Koshinski Asset Management Inc. now owns 57,419 shares of the auto manufacturer’s stock valued at $623,000 after acquiring an additional 2,741 shares in the last quarter. Chevy Chase Trust Holdings LLC boosted its position in Ford Motor by 1.1% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 2,063,044 shares of the auto manufacturer’s stock valued at $22,384,000 after acquiring an additional 21,485 shares in the last quarter. Finally, Arista Wealth Management LLC bought a new stake in Ford Motor during the 2nd quarter valued at approximately $2,230,000. 58.74% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on F shares. The Goldman Sachs Group lifted their price objective on Ford Motor from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, September 29th. Barclays lifted their price objective on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a report on Monday, August 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ford Motor in a report on Tuesday, October 14th. Finally, Royal Bank Of Canada lifted their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a report on Friday. Two analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.36.

Ford Motor Price Performance

Shares of NYSE F opened at $13.82 on Friday. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.97. The firm has a market cap of $54.99 billion, a P/E ratio of 11.91, a PEG ratio of 3.62 and a beta of 1.53. The company has a 50 day moving average of $11.85 and a 200 day moving average of $11.05. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a net margin of 2.48% and a return on equity of 12.11%. The company had revenue of $50.53 billion during the quarter, compared to analyst estimates of $43.08 billion. During the same period in the previous year, the business earned $0.49 EPS. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. As a group, research analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, November 7th. Ford Motor’s payout ratio is presently 76.92%.

Ford Motor Company 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.