Midwest Financial Group LLC Has $146,000 Holdings in Ford Motor Company $F

Midwest Financial Group LLC raised its position in shares of Ford Motor Company (NYSE:F) by 15.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,443 shares of the auto manufacturer’s stock after acquiring an additional 1,801 shares during the period. Midwest Financial Group LLC’s holdings in Ford Motor were worth $146,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Grove Bank & Trust grew its holdings in Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,882 shares in the last quarter. Elite Financial Inc. acquired a new stake in shares of Ford Motor during the first quarter worth $27,000. Olde Wealth Management LLC bought a new stake in shares of Ford Motor in the first quarter valued at about $28,000. MorganRosel Wealth Management LLC acquired a new position in shares of Ford Motor in the first quarter valued at about $30,000. Finally, WPG Advisers LLC acquired a new position in shares of Ford Motor in the first quarter valued at about $33,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Trading Down 1.1%

NYSE F opened at $11.96 on Wednesday. The company has a market cap of $47.60 billion, a price-to-earnings ratio of 15.33, a price-to-earnings-growth ratio of 3.48 and a beta of 1.52. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $12.31. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. The business’s fifty day moving average is $11.52 and its 200 day moving average is $10.77.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The business had revenue of $50.18 billion during the quarter, compared to analysts’ expectations of $42.91 billion. During the same quarter in the prior year, the firm earned $0.47 EPS. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, sell-side analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were given a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.0%. Ford Motor’s dividend payout ratio (DPR) is currently 76.92%.

Wall Street Analyst Weigh In

F has been the subject of several analyst reports. Jefferies Financial Group lifted their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the stock an “underperform” rating in a research note on Monday, August 11th. Wall Street Zen upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. JPMorgan Chase & Co. boosted their price target on Ford Motor from $12.00 to $13.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. UBS Group increased their price target on Ford Motor from $9.00 to $11.00 and gave the stock a “neutral” rating in a research report on Monday, July 14th. Finally, Piper Sandler lifted their price objective on Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a report on Thursday, July 31st. Two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Reduce” and an average price target of $10.57.

About Ford Motor

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.