118,110 Shares in Ford Motor Company $F Bought by Meeder Advisory Services Inc.

Key Points

• Meeder Advisory Services acquired 118,110 Ford shares in the second quarter, worth approximately $1.64 million. Institutional investors and hedge funds collectively own 58.74% of Ford’s outstanding stock.
• Analysts maintain a generally cautious outlook: Ford has an average “Hold” rating and a consensus price target of $15.68, despite some recent price-target increases and one “Buy” upgrade.
• Ford reported quarterly adjusted earnings of $0.42 per share, beating estimates of $0.33, while revenue reached $48.30 billion but declined 3.8% year over year. The company also declared a quarterly dividend of $0.15 per share, representing a 4.1% annualized yield.

Meeder Advisory Services Inc. acquired a new position in Ford Motor Company (NYSE:F - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 118,110 shares of the auto manufacturer's stock, valued at approximately $1,642,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MV Capital Management Inc. purchased a new stake in shares of Ford Motor during the 4th quarter worth $25,000. McMillan Office Inc. acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $26,000. Johnson Financial Group Inc. lifted its stake in shares of Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer's stock valued at $28,000 after purchasing an additional 837 shares during the period. Legacy Wealth Managment LLC ID boosted its holdings in Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer's stock worth $27,000 after buying an additional 1,230 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in Ford Motor during the fourth quarter worth about $32,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on F shares. Wall Street Zen cut shares of Ford Motor from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. DZ Bank upgraded Ford Motor from a "sell" rating to a "hold" rating and set a $16.00 price target on the stock in a report on Friday, July 31st. TD Cowen upped their price target on Ford Motor from $13.00 to $15.00 and gave the stock a "hold" rating in a report on Wednesday, July 29th. UBS Group lifted their price objective on Ford Motor from $14.00 to $17.00 and gave the stock a "buy" rating in a report on Monday, June 8th. Finally, Morgan Stanley reiterated an "equal weight" rating and set a $14.00 target price on shares of Ford Motor in a research report on Wednesday, May 13th. Eight equities research 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. Based on data from MarketBeat, Ford Motor presently has an average rating of "Hold" and a consensus price target of $15.68.

Ford Motor Trading Up 4.0%

Shares of Ford Motor stock opened at $14.48 on Thursday. Ford Motor Company has a 1 year low of $11.11 and a 1 year high of $17.78. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. The business has a 50 day moving average price of $14.14 and a 200 day moving average price of $13.50. The company has a market capitalization of $57.76 billion, a P/E ratio of -7.75, a P/E/G ratio of 0.29 and a beta of 1.82.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter last year, the business posted $0.37 earnings per share. Ford Motor's revenue was down 3.8% compared to the same quarter last year. Sell-side analysts anticipate that Ford Motor Company will post 1.86 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 annualized dividend and a yield of 4.1%. Ford Motor's payout ratio is presently -32.09%.

Ford Motor Profile

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.

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