Concurrent Investment Advisors LLC Acquires 41,783 Shares of Ford Motor Company (NYSE:F)

Concurrent Investment Advisors LLC boosted its holdings in Ford Motor Company (NYSE:F - Free Report) by 25.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 207,001 shares of the auto manufacturer's stock after acquiring an additional 41,783 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Ford Motor were worth $2,076,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer's stock worth $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Norges Bank acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $387,282,000. Jacobs Levy Equity Management Inc. lifted its position in shares of Ford Motor by 88.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 22,512,285 shares of the auto manufacturer's stock worth $222,872,000 after purchasing an additional 10,535,335 shares in the last quarter. Voloridge Investment Management LLC lifted its position in shares of Ford Motor by 2,905.1% during the fourth quarter. Voloridge Investment Management LLC now owns 7,989,463 shares of the auto manufacturer's stock worth $79,096,000 after purchasing an additional 7,723,601 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Ford Motor by 21.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 29,642,389 shares of the auto manufacturer's stock worth $293,460,000 after purchasing an additional 5,295,086 shares in the last quarter. Institutional investors own 58.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. Sanford C. Bernstein lowered shares of Ford Motor from a "market perform" rating to an "underperform" rating and reduced their target price for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. UBS Group cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Finally, Piper Sandler increased their price objective on shares of Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a report on Thursday, May 22nd. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of "Hold" and an average target price of $10.03.

Insider Activity

In other news, insider Andrew Frick sold 30,000 shares of the stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the sale, the insider owned 113,939 shares of the company's stock, valued at $1,253,329. This represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.48% of the stock is owned by corporate insiders.

Ford Motor Trading Up 0.9%

F traded up $0.10 during mid-day trading on Tuesday, hitting $11.69. The stock had a trading volume of 74,071,245 shares, compared to its average volume of 82,876,271. The stock's fifty day simple moving average is $10.56 and its 200-day simple moving average is $10.02. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97. The firm has a market capitalization of $46.49 billion, a price-to-earnings ratio of 9.35, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping 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 company had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. During the same quarter in the prior year, the firm earned $0.49 earnings per share. The firm's revenue was down 6.2% compared to the same quarter last year. As a group, research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 12th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.13%. The ex-dividend date was Monday, May 12th. Ford Motor's dividend payout ratio is 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.