Advisor Resource Council Takes Position in Ford Motor Company (NYSE:F)

Advisor Resource Council acquired a new stake in Ford Motor Company (NYSE:F - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 24,974 shares of the auto manufacturer's stock, valued at approximately $235,000.

Several other institutional investors and hedge funds also recently made changes to their positions in F. Vanguard Group Inc. lifted its position in Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after purchasing an additional 57,182,803 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock worth $1,278,153,000 after buying an additional 6,497,321 shares during the period. Geode Capital Management LLC raised its holdings in Ford Motor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock valued at $830,662,000 after buying an additional 2,089,127 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after buying an additional 4,925,993 shares during the last quarter. Finally, Norges Bank purchased a new stake in Ford Motor during the 4th quarter valued at $387,282,000. Institutional investors own 58.74% of the company's stock.

Ford Motor Stock Down 2.1%

F stock traded down $0.23 during midday trading on Wednesday, hitting $10.50. The stock had a trading volume of 91,833,936 shares, compared to its average volume of 81,153,716. The business has a 50-day moving average of $10.32 and a two-hundred day moving average of $9.96. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97. The firm has a market cap of $41.75 billion, a price-to-earnings ratio of 8.40, a price-to-earnings-growth ratio of 0.91 and a beta of 1.50. Ford Motor Company has a 52-week low of $8.44 and a 52-week 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 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion for 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 company's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.49 EPS. As a group, equities research analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date was Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Analysts Set New Price Targets

F has been the topic of a number of analyst reports. 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. TD Cowen began coverage on Ford Motor in a research note on Friday, March 7th. They issued a "hold" rating and a $10.00 target price on the stock. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Piper Sandler increased their price objective on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a report on Thursday, May 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Ford Motor presently has an average rating of "Hold" and a consensus target price of $10.03.

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.