Wealthspire Advisors LLC Has $2.66 Million Stock Position in Ford Motor Company (NYSE:F)

Wealthspire Advisors LLC grew its holdings in shares of Ford Motor Company (NYSE:F - Free Report) by 106.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 264,782 shares of the auto manufacturer's stock after acquiring an additional 136,587 shares during the period. Wealthspire Advisors LLC's holdings in Ford Motor were worth $2,656,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Grove Bank & Trust grew its holdings in Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after acquiring an additional 1,882 shares during the period. Elite Financial Inc. bought a new stake in shares of Ford Motor during the 1st quarter valued at about $27,000. Olde Wealth Management LLC acquired a new stake in Ford Motor during the first quarter worth approximately $28,000. MorganRosel Wealth Management LLC bought a new stake in Ford Motor in the first quarter worth approximately $30,000. Finally, Spurstone Advisory Services LLC acquired a new position in Ford Motor in the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 58.74% of the company's stock.

Analysts Set New Price Targets

F has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Royal Bank Of Canada upped their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a report on Tuesday. Sanford C. Bernstein downgraded Ford Motor from a "market perform" rating to an "underperform" rating and reduced their target price for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. The Goldman Sachs Group upped their price target on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 6th. Finally, Citigroup boosted their price objective on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $10.53.

Ford Motor Stock Performance

F stock opened at $11.24 on Thursday. The business has a 50 day moving average of $10.96 and a 200-day moving average of $10.24. The firm has a market cap of $44.68 billion, a PE ratio of 14.40, a P/E/G ratio of 3.21 and a beta of 1.48. Ford Motor Company has a 12-month low of $8.44 and a 12-month high of $11.97. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.04. The company had revenue of $50.18 billion for 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 business's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.47 EPS. As a group, sell-side analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Monday, August 11th. Ford Motor's dividend payout ratio is currently 76.92%.

Insider Buying and Selling at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction that occurred 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 owned 113,939 shares of the company's stock, valued at approximately $1,253,329. The trade was a 20.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.48% of the stock is owned by corporate 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.

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