Northwestern Mutual Wealth Management Co. Cuts Stock Position in Ford Motor Company $F

Northwestern Mutual Wealth Management Co. decreased its position in Ford Motor Company (NYSE:FFree Report) by 18.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 383,081 shares of the auto manufacturer’s stock after selling 84,682 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Ford Motor were worth $5,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of F. Maripau Wealth Management LLC grew its position in Ford Motor by 1.6% during the first quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock valued at $538,000 after acquiring an additional 749 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Ford Motor by 7.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock worth $144,000 after acquiring an additional 756 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its holdings in shares of Ford Motor by 1.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock worth $560,000 after acquiring an additional 761 shares during the last quarter. Southern Financial Group LLC boosted its stake in shares of Ford Motor by 2.3% in the 1st quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock valued at $401,000 after purchasing an additional 776 shares in the last quarter. Finally, Bernicke Wealth Management Ltd. grew its holdings in shares of Ford Motor by 2.0% during the 2nd quarter. Bernicke Wealth Management Ltd. now owns 39,789 shares of the auto manufacturer’s stock valued at $553,000 after purchasing an additional 792 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on F shares. Morgan Stanley reissued an “equal weight” rating and issued a $14.00 price target on shares of Ford Motor in a research note on Wednesday, May 13th. DZ Bank raised Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a research note on Friday, July 31st. The Goldman Sachs Group lifted their price objective on Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, June 11th. Citigroup raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the company from $19.00 to $20.00 in a research note on Wednesday, July 29th. Finally, Piper Sandler increased their target price on Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $15.68.

View Our Latest Research Report on Ford Motor

Ford Motor Trading Up 0.2%

NYSE:F opened at $14.44 on Monday. The firm has a market capitalization of $57.58 billion, a P/E ratio of -7.72, a P/E/G ratio of 0.30 and a beta of 1.82. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The company has a fifty day moving average of $14.12 and a 200 day moving average of $13.51. Ford Motor Company has a 52 week low of $11.11 and a 52 week high of $17.78.

Ford Motor (NYSE:FGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The business had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same quarter last year, the firm earned $0.37 EPS. The company’s revenue was down 3.8% on a year-over-year basis. On average, research analysts predict that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Tuesday, August 11th. Ford Motor’s dividend payout ratio is currently -32.09%.

Ford Motor Profile

(Free Report)

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

See Also

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Institutional Ownership by Quarter for Ford Motor (NYSE:F)

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