Ford Motor Company $F Shares Acquired by Texas Capital Bank Wealth Management Services Inc

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Texas Capital Bank Wealth Management Services Inc grew its holdings in Ford Motor Company (NYSE:F - Free Report) by 51.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,510 shares of the auto manufacturer's stock after purchasing an additional 27,047 shares during the quarter. Texas Capital Bank Wealth Management Services Inc's holdings in Ford Motor were worth $797,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of F. GeoWealth Management LLC grew its position in shares of Ford Motor by 12.0% in the fourth quarter. GeoWealth Management LLC now owns 30,119 shares of the auto manufacturer's stock valued at $298,000 after purchasing an additional 3,230 shares during the last quarter. First Trust Advisors LP grew its position in shares of Ford Motor by 15.6% in the fourth quarter. First Trust Advisors LP now owns 12,076,929 shares of the auto manufacturer's stock valued at $119,562,000 after purchasing an additional 1,626,160 shares during the last quarter. Norinchukin Bank The grew its position in shares of Ford Motor by 7.6% in the fourth quarter. Norinchukin Bank The now owns 169,808 shares of the auto manufacturer's stock valued at $1,681,000 after purchasing an additional 11,974 shares during the last quarter. MetLife Investment Management LLC grew its position in shares of Ford Motor by 1.8% in the fourth quarter. MetLife Investment Management LLC now owns 1,033,568 shares of the auto manufacturer's stock valued at $10,232,000 after purchasing an additional 17,935 shares during the last quarter. Finally, MML Investors Services LLC grew its position in shares of Ford Motor by 3.2% in the fourth quarter. MML Investors Services LLC now owns 997,479 shares of the auto manufacturer's stock valued at $9,875,000 after purchasing an additional 30,787 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the sale, the insider directly owned 113,939 shares in the company, valued at approximately $1,253,329. This represents a 20.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.48% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on F. Citigroup upped their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Dbs Bank lowered shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a research report on Monday, August 4th. UBS Group raised their target price on shares of Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Finally, Royal Bank Of Canada raised their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research report on Tuesday, August 5th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $10.53.

Ford Motor Stock Up 0.2%

Shares of NYSE F opened at $11.46 on Tuesday. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $11.97. The company has a market cap of $45.61 billion, a P/E ratio of 14.69, a P/E/G ratio of 3.30 and a beta of 1.48. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The stock has a fifty day moving average price of $11.15 and a 200 day moving average price of $10.31.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (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 firm had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. During the same period in the prior year, the firm earned $0.47 EPS. The firm's quarterly revenue was up 5.0% compared to the same quarter last year. Research analysts anticipate that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.2%. The ex-dividend date is Monday, August 11th. Ford Motor's dividend payout ratio is currently 76.92%.

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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