Ford Motor Company $F Stock Holdings Increased by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its Ford stake by 217.9% in the third quarter, purchasing 419,337 additional shares for a total of 611,822 shares valued at approximately $7.4 million. Institutional investors collectively own 58.74% of Ford.
• Analyst sentiment remains mixed, with seven Buy ratings, eleven Holds and one Sell; Ford has a consensus rating of Hold and an average price target of $15.43.
• Ford shares opened at $12.16, while the company reported quarterly EPS of $0.42, exceeding estimates of $0.33. Ford also paid a quarterly dividend of $0.15 per share, representing an annualized yield of approximately 4.9%.

Farther Finance Advisors LLC lifted its stake in Ford Motor Company (NYSE:F - Free Report) by 217.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 611,822 shares of the auto manufacturer's stock after buying an additional 419,337 shares during the quarter. Farther Finance Advisors LLC's holdings in Ford Motor were worth $7,379,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in F. BlackRock Inc. bought a new position in shares of Ford Motor in the second quarter worth approximately $4,649,131,000. State Street Corp raised its position in shares of Ford Motor by 0.8% during the 2nd quarter. State Street Corp now owns 194,039,770 shares of the auto manufacturer's stock valued at $2,697,153,000 after purchasing an additional 1,492,186 shares during the period. Bank of America Corp DE raised its position in shares of Ford Motor by 318.0% during the 2nd quarter. Bank of America Corp DE now owns 72,424,686 shares of the auto manufacturer's stock valued at $1,006,703,000 after purchasing an additional 55,100,244 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Ford Motor during the 2nd quarter valued at $717,218,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Ford Motor by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 47,442,901 shares of the auto manufacturer's stock valued at $547,379,000 after buying an additional 1,585,557 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

F has been the subject of a number of analyst reports. Citigroup upgraded Ford Motor from a "neutral" rating to a "buy" rating and increased their price target for the stock from $19.00 to $20.00 in a research note on Wednesday, July 29th. Weiss Ratings downgraded Ford Motor from a "buy (b)" rating to a "hold (c-)" rating in a research report on Friday, October 2nd. Barclays upped their price objective on Ford Motor from $13.00 to $14.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 9th. Piper Sandler lifted their target price on Ford Motor from $16.00 to $17.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Finally, Dbs Bank raised Ford Motor from a "hold" rating to a "moderate buy" rating in a report on Tuesday, August 11th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $15.43.

Ford Motor Stock Down 0.7%

Shares of F opened at $12.16 on Friday. The stock has a market capitalization of $48.51 billion, a price-to-earnings ratio of -6.51, a price-to-earnings-growth ratio of 0.25 and a beta of 1.93. Ford Motor Company has a 1 year low of $11.11 and a 1 year high of $17.78. The business's 50 day simple moving average is $13.52 and its 200-day simple moving average is $13.54. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The firm had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same period in the previous year, the firm posted $0.37 EPS. The business's quarterly revenue was down 3.8% on a year-over-year basis. As a group, equities analysts expect that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.9%. Ford Motor's payout ratio is -32.09%.

Ford Motor Profile

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world's oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.

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