Bright Futures Wealth Management LLC. Has $664,000 Position in Ford Motor Company (NYSE:F)

Bright Futures Wealth Management LLC. reduced its stake in Ford Motor Company (NYSE:F - Free Report) by 33.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,065 shares of the auto manufacturer's stock after selling 35,430 shares during the period. Bright Futures Wealth Management LLC.'s holdings in Ford Motor were worth $664,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in Ford Motor by 16.6% in the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock valued at $3,980,630,000 after buying an additional 57,182,803 shares in the last quarter. Norges Bank acquired a new position in Ford Motor in the fourth quarter valued at about $387,282,000. Jacobs Levy Equity Management Inc. boosted its position in Ford Motor by 88.0% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock valued at $222,872,000 after buying an additional 10,535,335 shares in the last quarter. Voloridge Investment Management LLC boosted its position in Ford Motor by 2,905.1% in the fourth quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock valued at $79,096,000 after buying an additional 7,723,601 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Ford Motor by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer's stock valued at $1,278,153,000 after buying an additional 6,497,321 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on F. UBS Group reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Sanford C. Bernstein lowered shares of Ford Motor from a "market perform" rating to an "underperform" rating and reduced their price target for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Citigroup boosted their price target on shares of Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $10.03.

Ford Motor Price Performance

Shares of F stock opened at $10.57 on Friday. The firm's 50 day moving average is $10.25 and its 200-day moving average is $9.95. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $14.85. The firm has a market capitalization of $42.04 billion, a price-to-earnings ratio of 8.46, a PEG ratio of 0.90 and a beta of 1.50. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.16. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. During the same period in the prior year, the business posted $0.49 earnings per share. Ford Motor's revenue was down 6.2% compared to the same quarter last year. Sell-side analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.67%. Ford Motor's dividend payout ratio is currently 48.00%.

Ford Motor 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.

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