Cypress Capital LLC Buys New Shares in Ford Motor Company $F

Cypress Capital LLC bought a new stake in Ford Motor Company (NYSE:F) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 15,000 shares of the auto manufacturer’s stock, valued at approximately $31,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Trust Co. of Toledo NA OH acquired a new stake in Ford Motor during the 2nd quarter worth approximately $25,000. Atlantic Union Bankshares Corp bought a new position in Ford Motor during the 2nd quarter worth $30,000. WPG Advisers LLC bought a new position in Ford Motor during the 1st quarter worth $33,000. Rise Advisors LLC lifted its holdings in shares of Ford Motor by 316.5% during the first quarter. Rise Advisors LLC now owns 3,303 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,510 shares in the last quarter. Finally, AlphaQuest LLC boosted its position in shares of Ford Motor by 1,018.5% in the second quarter. AlphaQuest LLC now owns 3,087 shares of the auto manufacturer’s stock valued at $33,000 after acquiring an additional 2,811 shares during the period. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Up 0.7%

F opened at $13.21 on Monday. The company has a fifty day moving average of $12.14 and a 200-day moving average of $11.34. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.97. The company has a quick ratio of 0.98, a current ratio of 1.12 and a debt-to-equity ratio of 2.20. The stock has a market cap of $52.65 billion, a PE ratio of 11.39, a price-to-earnings-growth ratio of 4.03 and a beta of 1.60.

Ford Motor (NYSE:F) last announced its earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. The company had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.49 EPS. On average, sell-side analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 7th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.60 annualized dividend and a yield of 4.5%. Ford Motor’s dividend payout ratio (DPR) is presently 51.72%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on F. Dbs Bank cut Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. Wells Fargo & Company raised their price objective on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research note on Friday, October 24th. JPMorgan Chase & Co. upped their target price on Ford Motor from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Royal Bank Of Canada increased their target price on Ford Motor from $11.00 to $12.00 and gave the stock a “sector perform” rating in a report on Friday, October 24th. Finally, Piper Sandler boosted their price target on Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.73.

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.