MGO One Seven LLC Boosts Stock Position in Ford Motor Company $F

Key Points

• MGO One Seven LLC increased its holdings in Ford Motor Company by 74.7% in Q2, bringing its total shares to 91,275 worth approximately $990,000.
• Ford received several analyst upgrades, including a price objective increase from $10.00 to $11.00 by Royal Bank of Canada and a new target of $12.00 from Jefferies Financial Group.
• Ford declared a quarterly dividend of $0.15 per share, representing an annualized yield of 5.1% with a payout ratio of 76.92%.

MGO One Seven LLC raised its holdings in Ford Motor Company (NYSE:F - Free Report) by 74.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,275 shares of the auto manufacturer's stock after buying an additional 39,041 shares during the quarter. MGO One Seven LLC's holdings in Ford Motor were worth $990,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in F. Wedmont Private Capital raised its stake in shares of Ford Motor by 3.0% during the 2nd quarter. Wedmont Private Capital now owns 31,593 shares of the auto manufacturer's stock worth $374,000 after purchasing an additional 934 shares in the last quarter. Hemington Wealth Management raised its stake in shares of Ford Motor by 30.9% during the 2nd quarter. Hemington Wealth Management now owns 4,016 shares of the auto manufacturer's stock worth $43,000 after purchasing an additional 947 shares in the last quarter. Meriwether Wealth & Planning LLC raised its stake in shares of Ford Motor by 6.9% during the 2nd quarter. Meriwether Wealth & Planning LLC now owns 15,186 shares of the auto manufacturer's stock worth $165,000 after purchasing an additional 985 shares in the last quarter. Atlas Capital Advisors Inc. raised its stake in shares of Ford Motor by 21.2% during the 1st quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer's stock worth $57,000 after purchasing an additional 989 shares in the last quarter. Finally, City Holding Co. raised its stake in shares of Ford Motor by 47.8% during the 2nd quarter. City Holding Co. now owns 3,090 shares of the auto manufacturer's stock worth $34,000 after purchasing an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Ford Motor in a report on Tuesday. Royal Bank Of Canada increased their price objective on Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a report on Tuesday, August 5th. Jefferies Financial Group raised Ford Motor from an "underperform" rating to a "hold" rating and increased their price objective for the company from $9.00 to $12.00 in a report on Monday, October 6th. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Finally, The Goldman Sachs Group increased their price objective on Ford Motor from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Monday, September 29th. Two investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $11.04.

Ford Motor Price Performance

Shares of NYSE:F opened at $11.75 on Friday. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $12.80. The firm has a market capitalization of $46.76 billion, a PE ratio of 15.06, a PEG ratio of 3.42 and a beta of 1.53. The business's 50 day moving average is $11.71 and its 200-day moving average is $10.92. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The company had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. During the same quarter last year, the firm earned $0.47 EPS. Ford Motor's revenue for the quarter was up 5.0% compared to the same quarter last year. Sell-side analysts predict that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

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

Ford Motor Company 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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