F M Investments LLC increased its stake in shares of Ford Motor (NYSE:F – Free Report) by 5.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,532 shares of the auto manufacturer’s stock after purchasing an additional 11,243 shares during the quarter. Ford Motor makes up about 2.6% of F M Investments LLC’s portfolio, making the stock its 10th largest holding. F M Investments LLC’s holdings in Ford Motor were worth $2,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also added to or reduced their stakes in the company. Semmax Financial Advisors Inc. increased its position in Ford Motor by 78.2% in the 4th quarter. Semmax Financial Advisors Inc. now owns 1,998 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 877 shares during the period. Tanglewood Legacy Advisors LLC acquired a new position in Ford Motor in the 1st quarter valued at approximately $25,000. Fairfield Bush & CO. acquired a new position in Ford Motor in the 1st quarter valued at approximately $37,000. Ridgewood Investments LLC acquired a new position in Ford Motor in the 1st quarter valued at approximately $28,000. Finally, Baldwin Brothers LLC MA acquired a new position in Ford Motor in the 4th quarter valued at approximately $26,000. 53.20% of the stock is currently owned by institutional investors and hedge funds.
Ford Motor Stock Performance
NYSE F traded down $0.09 during trading hours on Tuesday, reaching $14.00. 15,069,320 shares of the company were exchanged, compared to its average volume of 63,365,465. Ford Motor has a 1 year low of $10.90 and a 1 year high of $16.68. The business’s 50 day simple moving average is $13.43 and its 200-day simple moving average is $12.77. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 2.16. The stock has a market capitalization of $56.01 billion, a P/E ratio of 19.85, a P/E/G ratio of 1.35 and a beta of 1.59.
Ford Motor (NYSE:F – Get Free Report) last issued its earnings results on Tuesday, May 2nd. The auto manufacturer reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.27. The firm had revenue of $39.09 billion during the quarter, compared to analyst estimates of $37.42 billion. Ford Motor had a net margin of 1.75% and a return on equity of 19.99%. The company’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter last year, the business earned $0.38 earnings per share. On average, equities research analysts expect that Ford Motor will post 1.78 earnings per share for the current year.
Ford Motor Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, July 25th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, July 24th. This represents a $0.60 dividend on an annualized basis and a yield of 4.29%. Ford Motor’s dividend payout ratio is presently 84.51%.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on F. Morgan Stanley upped their price objective on shares of Ford Motor from $14.00 to $16.00 in a research note on Thursday, July 6th. Benchmark upped their price objective on shares of Ford Motor from $19.00 to $20.00 in a research note on Wednesday, May 3rd. The Goldman Sachs Group increased their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Friday. Jefferies Financial Group increased their target price on shares of Ford Motor from $16.00 to $17.00 in a research note on Friday, July 7th. Finally, Daiwa Capital Markets raised shares of Ford Motor from an “underperform” rating to a “neutral” rating and set a $12.00 target price on the stock in a research note on Thursday, May 25th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $15.18.
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.