Aptus Capital Advisors LLC Acquires 31,435 Shares of Ford Motor Company $F

Key Points

• Aptus Capital Advisors LLC increased its stake in Ford Motor Company by 70.5%, acquiring an additional 31,435 shares, bringing its total holdings to 76,042 shares valued at approximately $763,000.
• Ford reported $0.37 earnings per share for the recent quarter, surpassing estimates and achieving a revenue of $50.18 billion, up 5% from the previous year.
• The company announced a quarterly dividend of $0.15 per share, equating to an annualized yield of 5.3%, with a payout ratio of approximately 76.92%.

Aptus Capital Advisors LLC raised its stake in Ford Motor Company (NYSE:F - Free Report) by 70.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,042 shares of the auto manufacturer's stock after acquiring an additional 31,435 shares during the quarter. Aptus Capital Advisors LLC's holdings in Ford Motor were worth $763,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in F. MGO One Seven LLC increased its position in Ford Motor by 4.5% in the 4th quarter. MGO One Seven LLC now owns 47,308 shares of the auto manufacturer's stock valued at $468,000 after acquiring an additional 2,039 shares in the last quarter. Stonebridge Capital Advisors LLC increased its position in Ford Motor by 16.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 16,831 shares of the auto manufacturer's stock valued at $167,000 after acquiring an additional 2,325 shares in the last quarter. Nebula Research & Development LLC acquired a new stake in Ford Motor in the 4th quarter valued at about $415,000. Bolthouse Investments LLC acquired a new stake in Ford Motor in the 4th quarter valued at about $101,000. Finally, Oxford Asset Management LLP acquired a new stake in Ford Motor in the 4th quarter valued at about $331,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Trading Up 0.5%

Ford Motor stock traded up $0.0550 during midday trading on Monday, hitting $11.7950. 26,846,098 shares of the stock were exchanged, compared to its average volume of 98,238,391. The company has a fifty day simple moving average of $11.22 and a two-hundred day simple moving average of $10.35. Ford Motor Company has a 52 week low of $8.44 and a 52 week high of $11.97. The stock has a market capitalization of $46.94 billion, a PE ratio of 15.12, a P/E/G ratio of 3.36 and a beta of 1.48. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

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 for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The firm had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. During the same quarter in the previous year, the firm posted $0.47 earnings per share. The business's revenue was up 5.0% on a year-over-year basis. Equities research analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 5.1%. Ford Motor's payout ratio is presently 76.92%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Royal Bank Of Canada raised their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a research note on Tuesday, August 5th. The Goldman Sachs Group raised their target price on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Finally, UBS Group raised their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, Ford Motor currently has a consensus rating of "Reduce" and a consensus price target of $10.53.

Insiders Place Their Bets

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the transaction, the insider owned 113,939 shares of the company's stock, valued at approximately $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.48% of the company's stock.

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.