21,973 Shares in Ford Motor Company $F Purchased by Archford Capital Strategies LLC

Key Points

• Archford Capital Strategies LLC acquired 21,973 shares of Ford Motor Company, worth about $238,000, expanding its stake in the company during the second quarter.
• Ford Motor reported earnings of $0.37 per share for the last quarter, surpassing analysts' expectations of $0.33, and generated revenues of $50.18 billion, significantly exceeding the forecast of $42.91 billion.
• The company announced a quarterly dividend of $0.15 per share, representing an annualized dividend yield of 5.0% and a payout ratio of 76.92%.

Archford Capital Strategies LLC bought a new stake in Ford Motor Company (NYSE:F - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 21,973 shares of the auto manufacturer's stock, valued at approximately $238,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GC Wealth Management RIA LLC purchased a new stake in Ford Motor in the second quarter worth $180,000. V Square Quantitative Management LLC raised its stake in Ford Motor by 13.9% in the 2nd quarter. V Square Quantitative Management LLC now owns 39,898 shares of the auto manufacturer's stock valued at $433,000 after acquiring an additional 4,876 shares during the period. Norris Perne & French LLP MI raised its stake in Ford Motor by 4.3% in the 2nd quarter. Norris Perne & French LLP MI now owns 70,679 shares of the auto manufacturer's stock valued at $767,000 after acquiring an additional 2,935 shares during the period. Independence Bank of Kentucky lifted its holdings in Ford Motor by 41.6% during the second quarter. Independence Bank of Kentucky now owns 65,220 shares of the auto manufacturer's stock valued at $708,000 after purchasing an additional 19,155 shares during the last quarter. Finally, Lazari Capital Management Inc. boosted its position in Ford Motor by 3.6% during the second quarter. Lazari Capital Management Inc. now owns 58,825 shares of the auto manufacturer's stock worth $638,000 after purchasing an additional 2,046 shares during the period. 58.74% of the stock is owned by institutional investors.

Ford Motor Trading Up 0.7%

NYSE F opened at $12.10 on Tuesday. The stock's 50-day simple moving average is $11.51 and its two-hundred day simple moving average is $10.77. 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 company has a market capitalization of $48.16 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 3.45 and a beta of 1.52.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. The company had revenue of $50.18 billion for the quarter, compared to analysts' expectations of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.Ford Motor's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.47 EPS. Research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors 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 annualized dividend and a yield of 5.0%. Ford Motor's dividend payout ratio is currently 76.92%.

Analyst Ratings Changes

F has been the topic of a number of recent research reports. Barclays upped their price target on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 16th. Dbs Bank downgraded shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. Piper Sandler upped their target price on shares of Ford Motor from $9.00 to $9.50 and gave the stock a "neutral" rating in a report on Thursday, July 31st. The Goldman Sachs Group raised their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Monday. Finally, Jefferies Financial Group upped their price target on shares of Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a report on Monday, August 11th. Two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Reduce" and a consensus target price of $10.57.

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.

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