Ford Motor Company $F Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its stake in Ford Motor Company (NYSE:F - Free Report) by 54.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 558,726 shares of the auto manufacturer's stock after purchasing an additional 197,902 shares during the period. NewEdge Advisors LLC's holdings in Ford Motor were worth $7,766,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Caxton Associates LLP purchased a new position in shares of Ford Motor in the 1st quarter valued at about $304,000. Empowered Funds LLC boosted its stake in Ford Motor by 41.6% during the 1st quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer's stock worth $1,482,000 after purchasing an additional 43,385 shares during the period. Jump Financial LLC purchased a new stake in shares of Ford Motor in the second quarter valued at about $172,000. Treasurer of the State of North Carolina raised its stake in Ford Motor by 1.5% during the 2nd quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer's stock valued at $19,786,000 after acquiring an additional 26,526 shares during the last quarter. Finally, HUB Investment Partners LLC lifted its position in Ford Motor by 132.2% during the 2nd quarter. HUB Investment Partners LLC now owns 66,624 shares of the auto manufacturer's stock worth $723,000 after acquiring an additional 37,933 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Up 0.7%

Shares of F opened at $13.97 on Friday. The firm has a market capitalization of $55.72 billion, a P/E ratio of -7.47, a price-to-earnings-growth ratio of 0.29 and a beta of 1.83. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. Ford Motor Company has a twelve month low of $11.11 and a twelve month high of $17.78. The stock's fifty day simple moving average is $14.14 and its 200 day simple moving average is $13.53.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.09. The company had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The business's quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.37 earnings per share. On average, equities research analysts forecast that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, August 11th. Ford Motor's dividend payout ratio is presently -32.09%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on F shares. The Goldman Sachs Group boosted their target price on Ford Motor from $13.00 to $16.00 and gave the company a "neutral" rating in a report on Thursday, June 11th. BNP Paribas Exane increased their price target on shares of Ford Motor from $14.00 to $14.50 and gave the stock a "neutral" rating in a report on Thursday, July 30th. Wall Street Zen cut Ford Motor from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Royal Bank Of Canada increased their target price on Ford Motor from $13.00 to $15.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 29th. Finally, TD Cowen raised their target price on Ford Motor from $13.00 to $15.00 and gave the company a "hold" rating in a report on Wednesday, July 29th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of "Hold" and a consensus target price of $15.68.

Ford Motor Profile

Ford Motor Co is a global automotive company that designs, manufactures, markets and services cars, trucks, sport utility vehicles and commercial vehicles. Its portfolio includes the Ford and Lincoln brands, as well as a range of gasoline-powered, hybrid and electric vehicles. Ford also provides vehicle maintenance, repair and related services through its dealer network.

The company organizes its automotive operations into Ford Blue, which focuses on traditional and hybrid vehicles; Ford Model e, which develops electric vehicles and connected technologies; and Ford Pro, which serves commercial and government customers with vehicles, software and fleet-management services.

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