American Alpha Advisors LLC Takes $446,000 Position in Ford Motor Company (NYSE:F)

Key Points

• American Alpha Advisors LLC has acquired a new position in Ford Motor Company, purchasing 44,506 shares valued at approximately $446,000 during the first quarter.
• A range of institutional investors have modified their holdings in Ford, with significant increases in shares owned, including Maridea Wealth Management LLC raising its holdings by 280.2% in the same period.
• Ford Motor Company announced a quarterly dividend of $0.15 per share, representing an annualized yield of 5.3%, with payment scheduled for September 2nd.

American Alpha Advisors LLC acquired a new stake in shares of Ford Motor Company (NYSE:F - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 44,506 shares of the auto manufacturer's stock, valued at approximately $446,000.

Other hedge funds have also recently modified their holdings of the company. Tounjian Advisory Partners LLC purchased a new stake in Ford Motor in the 1st quarter worth approximately $974,000. Generali Investments CEE investicni spolecnost a.s. lifted its holdings in Ford Motor by 25.0% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer's stock valued at $3,009,000 after purchasing an additional 60,000 shares in the last quarter. Abundance Wealth Counselors lifted its holdings in Ford Motor by 32.6% in the 1st quarter. Abundance Wealth Counselors now owns 157,919 shares of the auto manufacturer's stock valued at $1,594,000 after purchasing an additional 38,794 shares in the last quarter. OneAscent Financial Services LLC lifted its holdings in Ford Motor by 107.1% in the 1st quarter. OneAscent Financial Services LLC now owns 122,748 shares of the auto manufacturer's stock valued at $1,224,000 after purchasing an additional 63,488 shares in the last quarter. Finally, Maridea Wealth Management LLC lifted its holdings in Ford Motor by 280.2% in the 1st quarter. Maridea Wealth Management LLC now owns 53,687 shares of the auto manufacturer's stock valued at $538,000 after purchasing an additional 39,567 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Insider Buying and Selling

In related news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the sale, the insider directly owned 113,939 shares in the company, valued at $1,253,329. This trade represents a 20.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.48% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Royal Bank Of Canada raised their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research note on Tuesday, August 5th. Barclays raised their price objective on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 16th. The Goldman Sachs Group raised their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. UBS Group lifted their target price on Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Finally, Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $10.53.

Ford Motor Trading Up 0.5%

NYSE:F opened at $11.34 on Friday. 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 business's 50 day moving average is $11.00 and its two-hundred day moving average is $10.26. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $11.97. The company has a market cap of $45.13 billion, a PE ratio of 14.54, a P/E/G ratio of 3.27 and a beta of 1.48.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.04. The business had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%. The business's revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.47 EPS. On average, analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.3%. The ex-dividend date is Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is currently 76.92%.

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.

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