Arete Wealth Advisors LLC Takes $3.29 Million Position in Ford Motor Company $F

Key Points

• Arete Wealth Advisors acquired 236,339 Ford shares during the second quarter, valued at approximately $3.29 million. Institutional investors collectively own 58.74% of Ford’s outstanding stock.
• Ford reported quarterly earnings of $0.42 per share, beating estimates of $0.33, while revenue reached $48.30 billion. However, revenue declined 3.8% year over year and the company posted a negative net margin.
• Ford declared a quarterly dividend of $0.15 per share, equivalent to an annualized $0.60 payout and a 4.2% yield. Analysts maintain a consensus “Hold” rating, with an average price target of $15.68.

Arete Wealth Advisors LLC acquired a new position in shares of Ford Motor Company (NYSE:F - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 236,339 shares of the auto manufacturer's stock, valued at approximately $3,285,000.

Other institutional investors have also added to or reduced their stakes in the company. Maripau Wealth Management LLC increased its holdings in Ford Motor by 1.6% during the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer's stock worth $538,000 after acquiring an additional 749 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of Ford Motor by 7.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer's stock worth $144,000 after purchasing an additional 756 shares during the period. Robertson Stephens Wealth Management LLC increased its holdings in shares of Ford Motor by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer's stock worth $560,000 after purchasing an additional 761 shares during the period. Southern Financial Group LLC increased its holdings in shares of Ford Motor by 2.3% in the first quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer's stock worth $401,000 after purchasing an additional 776 shares during the period. Finally, Bernicke Wealth Management Ltd. raised its position in shares of Ford Motor by 2.0% in the second quarter. Bernicke Wealth Management Ltd. now owns 39,789 shares of the auto manufacturer's stock worth $553,000 after buying an additional 792 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

Ford Motor Stock Performance

Ford Motor stock opened at $14.44 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The company has a market capitalization of $57.58 billion, a PE ratio of -7.72, a P/E/G ratio of 0.30 and a beta of 1.82. The firm has a fifty day simple moving average of $14.12 and a two-hundred day simple moving average of $13.51. Ford Motor Company has a twelve month low of $11.11 and a twelve month high of $17.78.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.33 by $0.09. The firm had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company's quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 earnings per share. Research analysts expect that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor's payout ratio is -32.09%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Jefferies Financial Group upgraded Ford Motor from a "hold" rating to a "buy" rating and upped their target price for the stock from $14.50 to $17.50 in a research note on Monday, July 27th. Weiss Ratings reiterated a "buy (b)" rating on shares of Ford Motor in a research report on Wednesday, June 24th. Citigroup raised Ford Motor from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $19.00 to $20.00 in a report on Wednesday, July 29th. BNP Paribas Exane upped their price objective on shares of Ford Motor from $14.00 to $14.50 and gave the stock a "neutral" rating in a research report on Thursday, July 30th. Finally, TD Cowen raised their target price on shares of Ford Motor from $13.00 to $15.00 and gave the company a "hold" rating in a research note on Wednesday, July 29th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of "Hold" and a consensus target price of $15.68.

Ford Motor Company Profile

Ford Motor Company NYSE: F is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford's business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

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