Integrated Investment Consultants LLC Buys Shares of 62,400 Ford Motor Company (NYSE:F)

Key Points

• Integrated Investment Consultants LLC acquired 62,400 shares of Ford Motor Company, valued at approximately $626,000, indicating increasing institutional interest in the company.
• Ford's recent quarterly earnings report showed earnings per share of $0.14, exceeding analysts' expectations, with revenues reaching $40.66 billion, despite a 6.2% year-over-year decline.
• The company announced a quarterly dividend of $0.15 per share, yielding about 5.23%, with a current dividend payout ratio of 48.00%.

Integrated Investment Consultants LLC bought a new stake in Ford Motor Company (NYSE:F - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 62,400 shares of the auto manufacturer's stock, valued at approximately $626,000.

Other large investors also recently bought and sold shares of the company. Kovack Advisors Inc. grew its holdings in shares of Ford Motor by 1.7% in the first quarter. Kovack Advisors Inc. now owns 62,199 shares of the auto manufacturer's stock valued at $624,000 after purchasing an additional 1,035 shares in the last quarter. Partners Wealth Management LLC grew its holdings in shares of Ford Motor by 8.4% in the first quarter. Partners Wealth Management LLC now owns 13,903 shares of the auto manufacturer's stock valued at $139,000 after purchasing an additional 1,082 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in shares of Ford Motor by 10.1% in the fourth quarter. Proficio Capital Partners LLC now owns 12,118 shares of the auto manufacturer's stock valued at $120,000 after purchasing an additional 1,112 shares in the last quarter. Pitcairn Co. grew its holdings in shares of Ford Motor by 2.2% in the fourth quarter. Pitcairn Co. now owns 53,324 shares of the auto manufacturer's stock valued at $528,000 after purchasing an additional 1,135 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC grew its holdings in shares of Ford Motor by 7.6% in the first quarter. NorthCrest Asset Manangement LLC now owns 16,203 shares of the auto manufacturer's stock valued at $163,000 after purchasing an additional 1,140 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

Ford Motor Price Performance

Ford Motor stock opened at $11.47 on Friday. Ford Motor Company has a one year low of $8.44 and a one year high of $11.97. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The business has a fifty day moving average of $10.87 and a two-hundred day moving average of $10.17. The company has a market cap of $45.59 billion, a P/E ratio of 9.17, a price-to-earnings-growth ratio of 3.30 and a beta of 1.49.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. The business had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. During the same quarter last year, the business posted $0.49 earnings per share. The business's revenue for the quarter was down 6.2% on a year-over-year basis. As a group, analysts predict that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date of this dividend was Monday, May 12th. Ford Motor's dividend payout ratio is presently 48.00%.

Insider Buying and Selling

In related news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the sale, the insider owned 113,939 shares in the company, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.48% of the company's stock.

Analysts Set New Price Targets

F has been the topic of a number of recent research reports. Sanford C. Bernstein lowered shares of Ford Motor from a "market perform" rating to an "underperform" rating and cut their target price for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Citigroup upped their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. JPMorgan Chase & Co. upped their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Finally, Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $10.37.

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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