Abundance Wealth Counselors Has $1.59 Million Holdings in Ford Motor Company (NYSE:F)

Abundance Wealth Counselors lifted its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 32.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 157,919 shares of the auto manufacturer's stock after purchasing an additional 38,794 shares during the quarter. Abundance Wealth Counselors' holdings in Ford Motor were worth $1,594,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Grove Bank & Trust boosted its holdings in shares of Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after buying an additional 1,882 shares during the period. Bank of Jackson Hole Trust bought a new stake in shares of Ford Motor during the 4th quarter worth $29,000. Flagship Wealth Advisors LLC bought a new stake in shares of Ford Motor during the 4th quarter worth $30,000. Spurstone Advisory Services LLC bought a new stake in shares of Ford Motor during the 4th quarter worth $31,000. Finally, Wood Tarver Financial Group LLC bought a new stake in Ford Motor in the 4th quarter valued at $31,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Barclays increased their price target on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Citigroup increased their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. The Goldman Sachs Group increased their price target on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. JPMorgan Chase & Co. increased 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. Finally, Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Ford Motor presently has a consensus rating of "Hold" and a consensus price target of $10.03.

Ford Motor Price Performance

Shares of NYSE:F traded up $0.16 during midday trading on Monday, reaching $10.75. 77,381,731 shares of the company's stock were exchanged, compared to its average volume of 80,868,030. The firm has a market capitalization of $42.75 billion, a PE ratio of 8.60, a price-to-earnings-growth ratio of 0.90 and a beta of 1.50. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The company's 50 day simple moving average is $10.27 and its two-hundred day simple moving average is $9.95. Ford Motor Company has a 12 month low of $8.44 and a 12 month high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The firm's revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter last year, the company posted $0.49 EPS. Equities research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is currently 48.00%.

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.