Kingstone Capital Partners Texas LLC Acquires Shares of 1,226,641 Ford Motor Company $F

Key Points

• Kingstone Capital Partners Texas LLC invested approximately $13.31 million in Ford Motor Company, acquiring around 1.2 million shares in the second quarter.
• Ford's most recent quarterly earnings showed an EPS of $0.37, exceeding analysts' expectations and reflecting a 5.0% revenue increase year-over-year.
• The company declared a quarterly dividend of $0.15, resulting in an annualized dividend yield of 5.2% with a payout ratio of approximately 76.92%.

Kingstone Capital Partners Texas LLC acquired a new stake in shares of Ford Motor Company (NYSE:F - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,226,641 shares of the auto manufacturer's stock, valued at approximately $13,309,000.

Several other large investors also recently made changes to their positions in F. Vanguard Group Inc. lifted its stake in Ford Motor by 13.8% during the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock valued at $4,590,333,000 after buying an additional 55,576,478 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Ford Motor by 6,915.1% during the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock valued at $492,253,000 after buying an additional 48,378,444 shares in the last quarter. Nuveen LLC purchased a new stake in Ford Motor during the first quarter valued at about $123,147,000. Charles Schwab Investment Management Inc. lifted its stake in Ford Motor by 8.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock valued at $1,404,741,000 after buying an additional 10,947,527 shares in the last quarter. Finally, Aberdeen Group plc lifted its stake in Ford Motor by 150.6% during the first quarter. Aberdeen Group plc now owns 7,264,106 shares of the auto manufacturer's stock valued at $72,169,000 after buying an additional 4,365,125 shares in the last quarter. Institutional investors own 58.74% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada increased their price target on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a research report on Tuesday, August 5th. Piper Sandler increased their price target on shares of Ford Motor from $9.00 to $9.50 and gave the stock a "neutral" rating in a research report on Thursday, July 31st. Jefferies Financial Group increased their price target on shares of Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a research report on Monday, August 11th. JPMorgan Chase & Co. increased their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. Finally, UBS Group increased their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. 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 stock. According to data from MarketBeat.com, the company has an average rating of "Reduce" and a consensus price target of $10.53.

Ford Motor Price Performance

Shares of F stock traded up $0.07 on Tuesday, hitting $11.73. 39,368,759 shares of the company's stock were exchanged, compared to its average volume of 93,049,195. 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 Company has a 12 month low of $8.44 and a 12 month high of $11.99. The stock has a market cap of $46.66 billion, a P/E ratio of 15.05, a price-to-earnings-growth ratio of 3.34 and a beta of 1.52. The company has a 50 day moving average of $11.45 and a 200 day moving average of $10.69.

Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. The firm had revenue of $50.18 billion during 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%.The business's quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the company earned $0.47 earnings per share. On average, equities research analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is 76.92%.

Insider Activity

In other news, insider Andrew Frick sold 30,000 shares of the firm's 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 transaction, the insider directly owned 113,939 shares in the company, valued at $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.48% of the stock is owned by company insiders.

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.