Benjamin Edwards Inc. Raises Stock Position in Ford Motor Company $F

Benjamin Edwards Inc. lifted its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 139.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 160,894 shares of the auto manufacturer's stock after purchasing an additional 93,788 shares during the quarter. Benjamin Edwards Inc.'s holdings in Ford Motor were worth $2,236,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Caxton Associates LLP acquired a new stake in Ford Motor during the 1st quarter worth approximately $304,000. Empowered Funds LLC grew its stake in shares of Ford Motor by 41.6% in the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer's stock worth $1,482,000 after acquiring an additional 43,385 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Ford Motor in the second quarter worth $172,000. NewEdge Advisors LLC increased its position in shares of Ford Motor by 26.3% during the second quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer's stock worth $2,907,000 after acquiring an additional 55,741 shares during the period. Finally, Treasurer of the State of North Carolina increased its position in shares of Ford Motor by 1.5% during the second quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer's stock worth $19,786,000 after acquiring an additional 26,526 shares during the period. Hedge funds and other institutional investors own 58.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on F shares. Bank of America lifted their target price on Ford Motor from $17.00 to $20.00 and gave the company a "buy" rating in a report on Friday, May 29th. JPMorgan Chase & Co. upped their price target on Ford Motor from $16.00 to $17.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Ford Motor in a research report on Wednesday, June 24th. Morgan Stanley reiterated an "equal weight" rating and issued a $14.00 price objective on shares of Ford Motor in a research note on Wednesday, May 13th. Finally, 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 research report on Wednesday, July 29th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $15.68.

Ford Motor Stock Performance

NYSE:F opened at $13.94 on Tuesday. The firm has a market capitalization of $55.59 billion, a PE ratio of -7.45, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82. The business's fifty day moving average price is $14.08 and its 200 day moving average price is $13.52. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The company had revenue of $48.30 billion for the quarter, compared to analysts' expectations of $47.24 billion. During the same period last year, the firm earned $0.37 earnings per share. Ford Motor's quarterly revenue was down 3.8% on a year-over-year basis. On average, sell-side analysts anticipate that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.60 annualized dividend and a yield of 4.3%. Ford Motor's payout ratio is presently -32.09%.

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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