Total Clarity Wealth Management Inc. lifted its stake in shares of Ford Motor Company (NYSE:F – Free Report) by 8.5% in the second quarter, Holdings Channel reports. The institutional investor owned 95,571 shares of the auto manufacturer’s stock after buying an additional 7,515 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Ford Motor were worth $1,037,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Wedmont Private Capital lifted its holdings in Ford Motor by 3.0% in the 2nd quarter. Wedmont Private Capital now owns 31,593 shares of the auto manufacturer’s stock worth $374,000 after purchasing an additional 934 shares during the last quarter. Hemington Wealth Management lifted its holdings in Ford Motor by 30.9% in the 2nd quarter. Hemington Wealth Management now owns 4,016 shares of the auto manufacturer’s stock worth $43,000 after purchasing an additional 947 shares during the last quarter. Meriwether Wealth & Planning LLC lifted its holdings in Ford Motor by 6.9% in the 2nd quarter. Meriwether Wealth & Planning LLC now owns 15,186 shares of the auto manufacturer’s stock worth $165,000 after purchasing an additional 985 shares during the last quarter. Atlas Capital Advisors Inc. lifted its holdings in Ford Motor by 21.2% in the 1st quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer’s stock worth $57,000 after purchasing an additional 989 shares during the last quarter. Finally, City Holding Co. lifted 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 purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.
Ford Motor Price Performance
Shares of F stock opened at $11.43 on Monday. The stock’s fifty day moving average is $11.67 and its 200-day moving average is $10.89. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The stock has a market capitalization of $45.47 billion, a PE ratio of 14.65, a PEG ratio of 3.26 and a beta of 1.53. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $12.80.
Ford Motor Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 5.3%. Ford Motor’s dividend payout ratio (DPR) is 76.92%.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on F shares. Piper Sandler increased their price objective on Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Dbs Bank cut Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of Ford Motor in a research report on Saturday, September 27th. Barclays upped their price target on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Finally, UBS Group upped their price target on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Monday, October 6th. Two research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $11.04.
Ford Motor 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.
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