Focus Partners Advisor Solutions LLC Buys Shares of 90,212 Ford Motor Company $F

Key Points

• Focus Partners Advisor Solutions acquired 90,212 Ford shares during the second quarter, valued at approximately $1.25 million. Institutional investors collectively own 58.74% of Ford’s stock.
• Analyst sentiment remains mixed: several firms raised price targets or upgraded Ford, but the consensus rating is still “Hold”, with an average target price of $15.68.
• Ford beat quarterly estimates with adjusted EPS of $0.42 and revenue of $48.30 billion, though revenue declined 3.8% year over year. The company also declared a quarterly dividend of $0.15 per share, representing a 4.2% yield.

Focus Partners Advisor Solutions LLC bought a new stake in Ford Motor Company (NYSE:F - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 90,212 shares of the auto manufacturer's stock, valued at approximately $1,254,000.

Other hedge funds have also made changes to their positions in the company. State of Wyoming acquired a new position in Ford Motor in the 2nd quarter valued at approximately $348,000. Sutton Place Investors LLC acquired a new stake in shares of Ford Motor during the 2nd quarter valued at $329,000. GSA Capital Partners LLP purchased a new position in shares of Ford Motor during the 2nd quarter valued at $777,000. Clearstead Trust LLC purchased a new position in shares of Ford Motor during the 2nd quarter valued at $262,000. Finally, Maridea Wealth Management LLC acquired a new position in shares of Ford Motor in the second quarter worth $304,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on F. BNP Paribas Exane raised their price objective on shares of Ford Motor from $14.00 to $14.50 and gave the company a "neutral" rating in a research report on Thursday, July 30th. Jefferies Financial Group raised Ford Motor from a "hold" rating to a "buy" rating and raised their target price for the company from $14.50 to $17.50 in a report on Monday, July 27th. Royal Bank Of Canada boosted their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 29th. Dbs Bank upgraded Ford Motor from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, August 11th. Finally, Citigroup upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and raised their price target for the stock from $19.00 to $20.00 in a research note on Wednesday, July 29th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $15.68.

Ford Motor Stock Down 0.1%

NYSE F opened at $14.36 on Monday. The firm has a market cap of $57.26 billion, a PE ratio of -7.68, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. Ford Motor Company has a one year low of $11.11 and a one year high of $17.78. The stock's 50 day simple moving average is $14.18 and its 200 day simple moving average is $13.50. 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 (NYSE:F - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter in the previous year, the company posted $0.37 EPS. The business's revenue for the quarter was down 3.8% compared to the same quarter last year. As a group, sell-side analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.2%. The ex-dividend date is Tuesday, August 11th. Ford Motor's payout ratio is -32.09%.

Ford Motor 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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