Stratos Wealth Partners LTD. Buys 29,376 Shares of Ford Motor Company $F

Key Points

• Stratos Wealth Partners LTD. increased its holdings in Ford Motor Company by 19.7%, acquiring an additional 29,376 shares during the 2nd quarter, bringing their total to 178,276 shares valued at approximately $1,934,000.
• Wall Street analysts have lifted their price targets for Ford Motor, with Goldman Sachs raising it from $11.00 to $12.00 and a consensus rating of "Hold" with a target price average of $11.11.
• Ford reported a net margin of 1.70% and quarterly revenue of $50.18 billion, exceeding analyst expectations, with a quarterly dividend of $0.15 announced, yielding 5.0% annually.

Stratos Wealth Partners LTD. lifted its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 19.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 178,276 shares of the auto manufacturer's stock after acquiring an additional 29,376 shares during the quarter. Stratos Wealth Partners LTD.'s holdings in Ford Motor were worth $1,934,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in F. ORG Partners LLC boosted its stake in shares of Ford Motor by 228.2% during the 1st quarter. ORG Partners LLC now owns 4,418 shares of the auto manufacturer's stock worth $44,000 after acquiring an additional 3,072 shares during the period. Advisor Resource Council bought a new position in shares of Ford Motor during the 1st quarter worth approximately $235,000. Childress Capital Advisors LLC bought a new position in shares of Ford Motor during the 1st quarter worth approximately $164,000. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Ford Motor by 4.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 1,564,674 shares of the auto manufacturer's stock worth $15,694,000 after acquiring an additional 65,039 shares during the period. Finally, First Bancorp Inc ME boosted its stake in shares of Ford Motor by 10.5% during the 1st quarter. First Bancorp Inc ME now owns 21,059 shares of the auto manufacturer's stock worth $211,000 after acquiring an additional 2,000 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on F. The Goldman Sachs Group lifted their target price on Ford Motor from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Monday, September 29th. 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 research note on Tuesday, August 5th. Piper Sandler boosted their price target on Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Jefferies Financial Group upgraded Ford Motor from an "underperform" rating to a "hold" rating and boosted their price target for the company from $9.00 to $12.00 in a research note on Monday, October 6th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Ford Motor in a research note on Tuesday, October 14th. Two 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. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $11.11.

Ford Motor Price Performance

Shares of NYSE F opened at $12.01 on Tuesday. The stock has a market capitalization of $47.78 billion, a PE ratio of 15.39, a P/E/G ratio of 3.47 and a beta of 1.53. 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 business has a fifty day moving average price of $11.74 and a two-hundred day moving average price of $10.97. Ford Motor Company has a fifty-two week low of $8.44 and a fifty-two week high of $12.80.

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, beating the consensus estimate of $0.33 by $0.04. The firm had revenue of $50.18 billion during the quarter, compared to analysts' expectations of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The company's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 EPS. As a group, equities analysts predict that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.0%. Ford Motor's payout ratio is currently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.