Old Port Advisors Grows Position in Ford Motor Company $F

Old Port Advisors grew its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 72.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 114,058 shares of the auto manufacturer's stock after buying an additional 48,102 shares during the quarter. Old Port Advisors' holdings in Ford Motor were worth $1,238,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Advisors Capital Management LLC raised its position in Ford Motor by 9.6% in the first quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer's stock valued at $126,000 after purchasing an additional 1,100 shares during the period. Tounjian Advisory Partners LLC acquired a new stake in shares of Ford Motor in the first quarter valued at about $974,000. FORA Capital LLC purchased a new stake in shares of Ford Motor during the 1st quarter valued at about $7,398,000. Generali Investments CEE investicni spolecnost a.s. lifted its position in Ford Motor by 25.0% during the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer's stock worth $3,009,000 after acquiring an additional 60,000 shares in the last quarter. Finally, Teza Capital Management LLC acquired a new position in Ford Motor during the 1st quarter worth approximately $465,000. Hedge funds and other institutional investors own 58.74% of the company's stock.

Insider Buying and Selling at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the sale, the insider owned 113,939 shares of the company's stock, valued at approximately $1,253,329. The trade was a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.48% of the company's stock.

Ford Motor Price Performance

Shares of NYSE F opened at $12.02 on Friday. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95. The firm has a market capitalization of $47.84 billion, a PE ratio of 15.41, a P/E/G ratio of 3.34 and a beta of 1.52. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $12.32. The business's fifty day moving average price is $11.49 and its two-hundred day moving average price is $10.73.

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

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were paid a $0.15 dividend. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.0%. Ford Motor's dividend payout ratio (DPR) is presently 76.92%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on F. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Piper Sandler lifted their price target on Ford Motor from $9.00 to $9.50 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. upped their price objective on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Barclays increased their target price on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Finally, Royal Bank Of Canada boosted their price target on Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a report on Tuesday, August 5th. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and an average price target of $10.43.

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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