Ford Motor Company $F Shares Bought by WealthCare Investment Partners LLC

Key Points

• WealthCare Investment Partners LLC increased its holdings in Ford Motor Company by 136.0%, owning 73,496 shares worth approximately $868,000.
• Ford's 2nd quarter earnings report showed an EPS of $0.37, exceeding the consensus estimate, along with a significant revenue increase to $50.18 billion.
• The company announced a quarterly dividend of $0.15 per share, resulting in an annualized yield of 5.1%.

WealthCare Investment Partners LLC boosted its position in shares of Ford Motor Company (NYSE:F - Free Report) by 136.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 73,496 shares of the auto manufacturer's stock after acquiring an additional 42,350 shares during the period. WealthCare Investment Partners LLC's holdings in Ford Motor were worth $868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grove Bank & Trust grew its holdings in Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after acquiring an additional 1,882 shares in the last quarter. Elite Financial Inc. purchased a new stake in shares of Ford Motor during the 1st quarter worth approximately $27,000. Olde Wealth Management LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth approximately $28,000. MorganRosel Wealth Management LLC purchased a new stake in shares of Ford Motor during the 1st quarter worth approximately $30,000. Finally, Spurstone Advisory Services LLC purchased a new stake in shares of Ford Motor during the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on F. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Royal Bank Of Canada boosted their price objective 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. JPMorgan Chase & Co. boosted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. UBS Group boosted their price objective 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. Finally, Dbs Bank downgraded shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a research report on Monday, August 4th. Two analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Reduce" and an average price target of $10.53.

Ford Motor Price Performance

F stock opened at $11.68 on Tuesday. The company has a fifty day moving average price of $11.47 and a 200 day moving average price of $10.62. 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 price-to-earnings ratio of 14.97, a price-to-earnings-growth ratio of 3.36 and a beta of 1.52. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results 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 net margin of 1.70% and a return on equity of 12.46%. The firm had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. During the same quarter in the prior year, the firm earned $0.47 EPS. Ford Motor's revenue for the quarter was up 5.0% on a year-over-year basis. Sell-side analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

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

Insider Buying and Selling

In other Ford Motor news, insider Andrew Frick sold 30,000 shares of the company's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the transaction, the insider 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.48% of the company's stock.

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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