Free Trial

Allworth Financial LP Has $2.84 Million Holdings in Ford Motor Company (NYSE:F)

Ford Motor logo with Auto/Tires/Trucks background

Allworth Financial LP raised its position in shares of Ford Motor Company (NYSE:F - Free Report) by 71.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 282,254 shares of the auto manufacturer's stock after purchasing an additional 117,494 shares during the quarter. Allworth Financial LP's holdings in Ford Motor were worth $2,839,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in F. Grove Bank & Trust grew its position 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. Elite Financial Inc. acquired a new stake in shares of Ford Motor during the 1st quarter worth approximately $27,000. Olde Wealth Management LLC acquired a new stake in shares of Ford Motor during the 1st quarter worth approximately $28,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $30,000. Finally, MorganRosel Wealth Management LLC acquired a new stake in shares of Ford Motor during the 1st quarter worth approximately $30,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on F shares. Piper Sandler raised their price objective on shares of Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, May 22nd. Wolfe Research upgraded Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Citigroup increased their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Barclays increased their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Finally, Wall Street Zen cut Ford Motor from a "hold" rating to a "sell" rating in a report on Saturday. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $10.03.

Check Out Our Latest Analysis on Ford Motor

Insiders Place Their Bets

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the insider directly owned 113,939 shares in the company, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.48% of the company's stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $11.77 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26. The stock's fifty day simple moving average is $10.69 and its two-hundred day simple moving average is $10.07. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.85. The stock has a market cap of $46.80 billion, a PE ratio of 9.42, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The business had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. During the same period last year, the business earned $0.49 EPS. The business's revenue was down 6.2% on a year-over-year basis. As a group, analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.10%. The ex-dividend date was Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

About Ford Motor

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:F - Free Report).

Institutional Ownership by Quarter for Ford Motor (NYSE:F)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Ford Motor Right Now?

Before you consider Ford Motor, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ford Motor wasn't on the list.

While Ford Motor currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines