Global Retirement Partners LLC Makes New $1.62 Million Investment in Ford Motor Company $F

Key Points

• Global Retirement Partners acquired 116,529 Ford shares worth approximately $1.62 million during the second quarter. Institutional investors collectively own 58.74% of Ford’s outstanding stock.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $15.68; recent targets range from $15 to $20.
• Ford reported quarterly EPS of $0.42, beating estimates of $0.33, while revenue reached $48.30 billion but declined 3.8% year over year. The company also declared a quarterly dividend of $0.15 per share, representing a 4.3% annualized yield.

Global Retirement Partners LLC purchased a new stake in Ford Motor Company (NYSE:F - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 116,529 shares of the auto manufacturer's stock, valued at approximately $1,620,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of F. Maripau Wealth Management LLC boosted its position in shares of Ford Motor by 1.6% during the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer's stock worth $538,000 after purchasing an additional 749 shares in the last quarter. Parkside Financial Bank & Trust raised its position in Ford Motor by 7.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer's stock valued at $144,000 after buying an additional 756 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its position in shares of Ford Motor by 1.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer's stock valued at $560,000 after purchasing an additional 761 shares in the last quarter. Southern Financial Group LLC boosted its stake in shares of Ford Motor by 2.3% in the 1st quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer's stock worth $401,000 after buying an additional 776 shares during the last quarter. Finally, Activest Wealth Management grew its stake in Ford Motor by 35.3% in the 4th quarter. Activest Wealth Management now owns 3,041 shares of the auto manufacturer's stock valued at $40,000 after purchasing an additional 794 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Royal Bank Of Canada increased their target price on shares of Ford Motor from $13.00 to $15.00 and gave the company a "sector perform" rating in a research report on Wednesday, July 29th. The Goldman Sachs Group increased their price target on shares of Ford Motor from $13.00 to $16.00 and gave the stock a "neutral" rating in a report on Thursday, June 11th. Zacks Research lowered Ford Motor from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Weiss Ratings reissued a "buy (b)" rating on shares of Ford Motor in a research note on Wednesday, June 24th. Finally, Bank of America raised their price objective on Ford Motor from $17.00 to $20.00 and gave the company a "buy" rating in a report on Friday, May 29th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $15.68.

Ford Motor Trading Down 2.1%

NYSE:F opened at $14.07 on Tuesday. The company has a 50-day moving average price of $14.16 and a 200-day moving average price of $13.50. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The stock has a market cap of $56.11 billion, a price-to-earnings ratio of -7.52, a P/E/G ratio of 0.30 and a beta of 1.82. Ford Motor Company has a 12 month low of $11.11 and a 12 month high of $17.78.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results 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. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the prior year, the company earned $0.37 EPS. The business's revenue was down 3.8% compared to the same quarter last year. Equities analysts predict that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. Ford Motor's dividend payout ratio is -32.09%.

Ford Motor Profile

Ford Motor Company NYSE: F is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford's business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

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