D.A. Davidson & CO. Boosts Stake in Ford Motor Company $F

D.A. Davidson & CO. increased its stake in shares of Ford Motor Company (NYSE:F) by 1.0% in the second quarter, HoldingsChannel.com reports. The firm owned 222,338 shares of the auto manufacturer’s stock after buying an additional 2,163 shares during the period. D.A. Davidson & CO.’s holdings in Ford Motor were worth $2,412,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in F. Trust Co. of Toledo NA OH purchased a new position in shares of Ford Motor during the 2nd quarter worth approximately $25,000. Elite Financial Inc. purchased a new position in shares of Ford Motor during the 1st quarter worth approximately $27,000. Olde Wealth Management LLC purchased a new position in shares of Ford Motor during the 1st quarter worth approximately $28,000. MorganRosel Wealth Management LLC purchased a new position in shares of Ford Motor during the 1st quarter worth approximately $30,000. Finally, WPG Advisers LLC purchased a new position in shares of Ford Motor during the 1st quarter worth approximately $33,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Barclays increased their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. JPMorgan Chase & Co. increased their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ford Motor in a report on Tuesday, October 14th. The Goldman Sachs Group increased their target price on shares of Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, September 29th. Finally, UBS Group increased their target price on shares of Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a report on Monday, October 6th. Two investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $11.36.

Ford Motor Price Performance

Shares of 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’s fifty day simple moving average is $11.85 and its 200-day simple moving average is $11.07. The firm has a market capitalization of $54.99 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 4.06 and a beta of 1.53. The company has a current ratio of 1.10, a quick ratio of 0.95 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, beating 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 business had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. During the same period last year, the business earned $0.49 EPS. The company’s revenue was up 9.4% on a year-over-year basis. Equities analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders 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 dividend yield of 4.3%. The ex-dividend date is Friday, November 7th. Ford Motor’s dividend payout ratio (DPR) 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.