Integrity Alliance LLC. Acquires New Holdings in Ford Motor Company $F

Key Points

• Integrity Alliance LLC. has acquired a new stake in Ford Motor Company, purchasing 67,970 shares valued at approximately $682,000 during the first quarter.
• Institutional investors currently own 58.74% of Ford's stock, with significant stakes added by various firms including Woodline Partners LP, which increased their position by 640.4%.
• Ford Motor's stock received mixed ratings from analysts, with price targets varying from $9.00 to $13.00, while the average price target sits at $10.53.

Integrity Alliance LLC. acquired a new stake in Ford Motor Company (NYSE:F - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 67,970 shares of the auto manufacturer's stock, valued at approximately $682,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Ilmarinen Mutual Pension Insurance Co bought a new position in Ford Motor in the 1st quarter worth approximately $6,018,000. Advisory Alpha LLC increased its position in Ford Motor by 5.7% in the 1st quarter. Advisory Alpha LLC now owns 33,181 shares of the auto manufacturer's stock worth $333,000 after buying an additional 1,791 shares during the period. Bayforest Capital Ltd increased its position in Ford Motor by 16.7% in the 1st quarter. Bayforest Capital Ltd now owns 19,459 shares of the auto manufacturer's stock worth $195,000 after buying an additional 2,779 shares during the period. Woodline Partners LP increased its position in Ford Motor by 640.4% in the 1st quarter. Woodline Partners LP now owns 1,735,701 shares of the auto manufacturer's stock worth $17,409,000 after buying an additional 1,501,283 shares during the period. Finally, Empowered Funds LLC increased its position in Ford Motor by 41.6% in the 1st quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer's stock worth $1,482,000 after buying an additional 43,385 shares during the period. 58.74% of the stock is owned by institutional investors.

Insiders Place Their Bets

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 stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the sale, the insider directly owned 113,939 shares in the company, valued at $1,253,329. This represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.48% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on F. UBS Group lifted their price target on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Jefferies Financial Group lifted their price objective on Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a report on Monday, August 11th. JPMorgan Chase & Co. upped their target price on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Finally, Piper Sandler lifted their price target on shares of Ford Motor from $9.00 to $9.50 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Ford Motor has an average rating of "Reduce" and an average price target of $10.53.

Ford Motor Price Performance

Ford Motor stock opened at $11.76 on Friday. The business has a 50 day simple moving average of $11.47 and a 200 day simple moving average of $10.57. Ford Motor Company has a one year low of $8.44 and a one year high of $11.99. The company has a market capitalization of $46.80 billion, a PE ratio of 15.08, a price-to-earnings-growth ratio of 3.28 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 announced 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. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The firm had revenue of $50.18 billion for the quarter, compared to analysts' expectations of $42.91 billion. During the same period in the prior year, the business posted $0.47 earnings per share. The business's revenue was up 5.0% compared to the same quarter last year. On average, sell-side analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

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