RWA Wealth Partners LLC Increases Position in Ford Motor Company $F

RWA Wealth Partners LLC lifted its position in Ford Motor Company (NYSE:F) by 9.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 157,976 shares of the auto manufacturer’s stock after acquiring an additional 13,513 shares during the period. RWA Wealth Partners LLC’s holdings in Ford Motor were worth $1,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH acquired a new position in shares of Ford Motor in the second quarter valued at about $25,000. Atlantic Union Bankshares Corp purchased a new stake in Ford Motor in the second quarter valued at approximately $30,000. AlphaQuest LLC increased its holdings in Ford Motor by 1,018.5% in the 2nd quarter. AlphaQuest LLC now owns 3,087 shares of the auto manufacturer’s stock worth $33,000 after buying an additional 2,811 shares during the period. City Holding Co. increased its holdings in Ford Motor by 47.8% in the 2nd quarter. City Holding Co. now owns 3,090 shares of the auto manufacturer’s stock worth $34,000 after buying an additional 1,000 shares during the period. Finally, ST Germain D J Co. Inc. raised its position in Ford Motor by 128.6% during the 2nd quarter. ST Germain D J Co. Inc. now owns 3,182 shares of the auto manufacturer’s stock worth $35,000 after buying an additional 1,790 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

F has been the topic of a number of research reports. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. JPMorgan Chase & Co. increased their price target on Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Piper Sandler boosted their price objective on Ford Motor from $9.50 to $11.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. Finally, Citigroup lifted their price target on Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a research report on Monday, October 27th. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $11.73.

Ford Motor Stock Performance

Shares of F stock opened at $13.21 on Monday. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $13.97. The business’s 50 day moving average is $12.14 and its two-hundred day moving average is $11.34. The company has a market capitalization of $52.65 billion, a P/E ratio of 11.39, a P/E/G 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 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business had revenue of $50.53 billion during the quarter, compared to the consensus estimate of $43.08 billion. During the same period in the prior year, the company posted $0.49 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. 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 will be paid on Monday, December 1st. Shareholders of record on Friday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.5%. Ford Motor’s dividend payout ratio is currently 51.72%.

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.