Tounjian Advisory Partners LLC Buys New Stake in Ford Motor (NYSE:F)

Tounjian Advisory Partners LLC purchased a new position in Ford Motor (NYSE:F - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 97,092 shares of the auto manufacturer's stock, valued at approximately $974,000.

Several other institutional investors have also recently made changes to their positions in F. Angeles Wealth Management LLC grew its holdings in Ford Motor by 1.3% during the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock valued at $799,000 after purchasing an additional 1,024 shares during the last quarter. Proficio Capital Partners LLC grew its holdings in Ford Motor by 10.1% during the 4th quarter. Proficio Capital Partners LLC now owns 12,118 shares of the auto manufacturer's stock valued at $120,000 after purchasing an additional 1,112 shares during the last quarter. Pitcairn Co. grew its holdings in Ford Motor by 2.2% during the 4th quarter. Pitcairn Co. now owns 53,324 shares of the auto manufacturer's stock valued at $528,000 after purchasing an additional 1,135 shares during the last quarter. Bridgewealth Advisory Group LLC grew its holdings in Ford Motor by 7.9% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 17,019 shares of the auto manufacturer's stock valued at $159,000 after purchasing an additional 1,243 shares during the last quarter. Finally, Woodmont Investment Counsel LLC grew its holdings in Ford Motor by 5.5% during the 4th quarter. Woodmont Investment Counsel LLC now owns 23,905 shares of the auto manufacturer's stock valued at $237,000 after purchasing an additional 1,250 shares during the last quarter. Institutional investors own 58.74% of the company's stock.

Ford Motor Stock Down 0.9%

Shares of F traded down $0.10 during mid-day trading on Friday, hitting $10.44. The company's stock had a trading volume of 90,043,850 shares, compared to its average volume of 79,911,176. The company's 50-day moving average is $10.08 and its 200-day moving average is $9.98. Ford Motor has a 52-week low of $8.44 and a 52-week high of $14.85. The firm has a market capitalization of $41.50 billion, a price-to-earnings ratio of 7.15, a PEG ratio of 0.61 and a beta of 1.50. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The firm had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. During the same quarter in the prior year, the company earned $0.49 EPS. The company's revenue was down 6.2% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were given a dividend of $0.15 per share. The ex-dividend date was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.75%. Ford Motor's payout ratio is 48.00%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. TD Cowen assumed coverage on shares of Ford Motor in a report on Friday, March 7th. They set a "hold" rating and a $10.00 price target on the stock. JPMorgan Chase & Co. upped their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. The Goldman Sachs Group boosted their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, May 6th. Finally, Citigroup boosted their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $10.03.

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.