Ford Motor Company $F Stock Holdings Increased by WBI Investments LLC

Key Points

• WBI Investments LLC significantly increased its stake in Ford Motor Company by 86.4%, acquiring 262,719 additional shares in the first quarter, making it the firm's 8th largest position.
• Ford Motor recently announced a quarterly dividend of $0.15 per share, which translates to an annualized dividend yield of 5.3%.
• Analysts have raised price targets for Ford, with estimates now ranging from $9.50 to $13.00, reflecting a generally positive outlook despite the stock's recent performance of a slight decline.

WBI Investments LLC grew its holdings in Ford Motor Company (NYSE:F - Free Report) by 86.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 566,746 shares of the auto manufacturer's stock after purchasing an additional 262,719 shares during the period. Ford Motor comprises about 1.5% of WBI Investments LLC's investment portfolio, making the stock its 8th biggest holding. WBI Investments LLC's holdings in Ford Motor were worth $5,684,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Ford Motor by 13.8% in the 1st quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock worth $4,590,333,000 after purchasing an additional 55,576,478 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Ford Motor by 8.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock worth $1,404,741,000 after acquiring an additional 10,947,527 shares during the period. Pacer Advisors Inc. grew its holdings in shares of Ford Motor by 6,915.1% in the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock worth $492,253,000 after acquiring an additional 48,378,444 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Ford Motor by 21.7% in 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 acquiring an additional 5,295,086 shares during the period. Finally, Nuveen LLC bought a new stake in shares of Ford Motor in the first quarter worth $123,147,000. Institutional investors own 58.74% of the company's stock.

Ford Motor Price Performance

Shares of Ford Motor stock traded down $0.08 during trading hours on Friday, hitting $11.68. The company's stock had a trading volume of 50,080,669 shares, compared to its average volume of 45,111,108. The business has a 50 day moving average price of $11.47 and a two-hundred day moving average price of $10.57. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $11.99. The company has a market cap of $46.48 billion, a PE ratio of 8.46, a PEG ratio of 3.38 and a beta of 1.52. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The business had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. During the same period in the previous year, the business earned $0.47 earnings per share. The business's revenue was up 5.0% on a year-over-year basis. Analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Monday, August 11th. Ford Motor's payout ratio is presently 76.92%.

Insider Activity at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the transaction, the insider directly owned 113,939 shares in the company, valued at $1,253,329. The trade was 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 insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Royal Bank Of Canada lifted their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 5th. Barclays lifted their target price on Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 16th. Piper Sandler lifted their target price on Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a research report on Thursday, July 31st. UBS Group lifted their target price on Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Finally, Wall Street Zen upgraded Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average price target of $10.53.

About Ford Motor

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.