Farther Finance Advisors LLC Has $675,000 Stock Holdings in Ford Motor (NYSE:F)

Farther Finance Advisors LLC lifted its position in shares of Ford Motor (NYSE:F - Free Report) by 99.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,875 shares of the auto manufacturer's stock after purchasing an additional 33,764 shares during the quarter. Farther Finance Advisors LLC's holdings in Ford Motor were worth $675,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the fourth quarter worth $29,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth $30,000. Spurstone Advisory Services LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth $31,000. Wood Tarver Financial Group LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth $31,000. Finally, BankPlus Trust Department acquired a new stake in shares of Ford Motor during the fourth quarter worth $34,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

Shares of Ford Motor stock traded down $0.10 during trading on Friday, hitting $10.44. 90,043,850 shares of the stock were exchanged, compared to its average volume of 80,033,844. The stock has a market capitalization of $41.50 billion, a price-to-earnings ratio of 7.15, a price-to-earnings-growth ratio of 0.61 and a beta of 1.50. The company has a fifty day moving average price of $10.12 and a 200-day moving average price of $9.97. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The firm had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. During the same quarter in the prior year, the business posted $0.49 EPS. The business's revenue was down 6.2% compared to the same quarter last year. As a group, equities analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company 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 5.75%. The ex-dividend date was Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

Analysts Set New Price Targets

F has been the topic of a number of research analyst reports. Citigroup raised their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Sanford C. Bernstein lowered shares of Ford Motor from a "market perform" rating to an "underperform" rating and dropped their price objective for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. UBS Group dropped 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. The Goldman Sachs Group raised their price objective on shares of Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. Finally, Barclays raised their price objective on shares of Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Ford Motor has an average rating of "Hold" and a consensus price target of $10.03.

Ford Motor Company 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.