Arista Wealth Management LLC Purchases New Stake in Ford Motor Company $F

Key Points

• Arista Wealth Management LLC has acquired a new stake in Ford Motor Company, purchasing 205,519 shares valued at approximately $2.23 million.
• Institutional investors now hold 58.74% of Ford's stock, with significant recent activity from firms like Vanguard Group and Pacer Advisors, which increased their stakes significantly.
• Ford Motor reported earnings of $0.37 per share for the recent quarter, exceeding analysts' expectations, and announced a quarterly dividend of 5.1% yield.

Arista Wealth Management LLC purchased a new stake in Ford Motor Company (NYSE:F - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 205,519 shares of the auto manufacturer's stock, valued at approximately $2,230,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Ford Motor by 13.8% in the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock valued at $4,590,333,000 after purchasing an additional 55,576,478 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Ford Motor by 8.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock valued at $1,404,741,000 after acquiring an additional 10,947,527 shares during the last quarter. Pacer Advisors Inc. grew its position in Ford Motor by 6,915.1% in the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock valued at $492,253,000 after acquiring an additional 48,378,444 shares during the last quarter. Nuveen LLC bought a new position in Ford Motor in the first quarter valued at about $123,147,000. Finally, Aberdeen Group plc grew its position in Ford Motor by 4.5% in the second quarter. Aberdeen Group plc now owns 7,594,345 shares of the auto manufacturer's stock valued at $81,601,000 after acquiring an additional 330,239 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on F shares. JPMorgan Chase & Co. lifted their target price on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Weiss Ratings reiterated a "hold (c)" rating on shares of Ford Motor in a research report on Tuesday. Piper Sandler lifted their target price on Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a research report on Thursday, July 31st. Royal Bank Of Canada lifted their target price on Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a research report on Tuesday, August 5th. Finally, Jefferies Financial Group upgraded Ford Motor from an "underperform" rating to a "hold" rating and lifted their target price for the company from $9.00 to $12.00 in a research report on Monday, October 6th. Two investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $11.04.

Ford Motor Stock Performance

NYSE:F opened at $11.75 on Friday. The stock has a market cap of $46.76 billion, a P/E ratio of 15.06, a price-to-earnings-growth ratio of 3.42 and a beta of 1.53. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The stock's 50-day moving average is $11.71 and its 200-day moving average is $10.92. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $12.80.

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

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were issued a $0.15 dividend. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.1%. Ford Motor's dividend payout ratio is presently 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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