Ford Motor Company $F Shares Purchased by GAMMA Investing LLC

Key Points

• GAMMA Investing LLC increased its stake in Ford Motor Company by 108.1%, now owning 83,774 shares valued at approximately $909,000.
• Ford shares recently received mixed ratings from analysts, with JPMorgan raising its price target to $13.00, while Dbs Bank downgraded it to a "moderate sell."
• The company declared a quarterly dividend of $0.15 per share, reflecting a 5.1% dividend yield and a payout ratio of 76.92%.

GAMMA Investing LLC grew its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 108.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 83,774 shares of the auto manufacturer's stock after purchasing an additional 43,511 shares during the period. GAMMA Investing LLC's holdings in Ford Motor were worth $909,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Grove Bank & Trust grew its position in shares of Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after buying an additional 1,882 shares during the last quarter. Elite Financial Inc. acquired a new stake in shares of Ford Motor during the 1st quarter worth approximately $27,000. Olde Wealth Management LLC bought a new stake in shares of Ford Motor in the 1st quarter worth approximately $28,000. MorganRosel Wealth Management LLC acquired a new position in Ford Motor during the 1st quarter valued at approximately $30,000. Finally, Wood Tarver Financial Group LLC bought a new position in Ford Motor during the 4th quarter worth $31,000. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on F. Dbs Bank cut Ford Motor from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 4th. Piper Sandler raised their price target on shares of Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Barclays boosted their price target on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 16th. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Reduce" and a consensus target price of $10.53.

Insider Buying and Selling

In related news, insider Andrew Frick sold 30,000 shares of the business's stock in a transaction that occurred 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 transaction, the insider directly owned 113,939 shares of the company's stock, valued at approximately $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.48% of the company's stock.

Ford Motor Price Performance

Shares of NYSE:F opened at $11.75 on Wednesday. The company's fifty day moving average is $11.46 and its two-hundred day moving average is $10.70. The company has a market cap of $46.74 billion, a P/E ratio of 15.06, a price-to-earnings-growth ratio of 3.35 and a beta of 1.52. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $11.99. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

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

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were issued a dividend of $0.15 per share. 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 dividend payout ratio (DPR) is currently 76.92%.

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.

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