Valeo Financial Advisors LLC Has $1.31 Million Stock Holdings in Ford Motor Company (NYSE:F)

Valeo Financial Advisors LLC lifted its stake in Ford Motor Company (NYSE:F - Free Report) by 33.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 130,584 shares of the auto manufacturer's stock after purchasing an additional 32,448 shares during the period. Valeo Financial Advisors LLC's holdings in Ford Motor were worth $1,310,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Grove Bank & Trust lifted its holdings in shares of Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after purchasing an additional 1,882 shares in the last quarter. Elite Financial Inc. bought a new stake in Ford Motor in the 1st quarter valued at $27,000. Olde Wealth Management LLC bought a new stake in Ford Motor in the 1st quarter valued at $28,000. Flagship Wealth Advisors LLC bought a new stake in Ford Motor in the 4th quarter valued at $30,000. Finally, MorganRosel Wealth Management LLC bought a new stake in shares of Ford Motor in the first quarter worth $30,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the company's stock in a transaction on Tuesday, July 1st. The shares were 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 of the company's stock, valued at approximately $1,253,329. This represents a 20.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.48% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on F. Piper Sandler upped their price objective on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. upped their price target on shares of Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. UBS Group dropped their target price on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and dropped their target price for the company from $9.40 to $7.00 in a report on Wednesday, April 9th. Finally, The Goldman Sachs Group upped their price objective on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $10.03.

Ford Motor Price Performance

Shares of F traded up $0.14 during midday trading on Wednesday, hitting $11.82. The company's stock had a trading volume of 63,851,343 shares, compared to its average volume of 82,952,227. Ford Motor Company has a one year low of $8.44 and a one year high of $14.85. The company's fifty day simple moving average is $10.59 and its two-hundred day simple moving average is $10.04. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 2.26. The stock has a market capitalization of $47.00 billion, a price-to-earnings ratio of 9.46, a price-to-earnings-growth ratio of 0.99 and a beta of 1.49.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. Ford Motor's quarterly revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 EPS. As a group, equities analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were given a $0.15 dividend. The ex-dividend date was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.08%. Ford Motor's dividend payout ratio (DPR) is presently 48.00%.

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.