Kowal Investment Group LLC Takes Position in Ford Motor (NYSE:F)

Kowal Investment Group LLC bought a new stake in Ford Motor (NYSE:F) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,376 shares of the auto manufacturer’s stock, valued at approximately $191,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Diversified Trust Co boosted its holdings in Ford Motor by 153.7% during the first quarter. Diversified Trust Co now owns 125,644 shares of the auto manufacturer’s stock worth $1,669,000 after buying an additional 76,127 shares during the last quarter. SteelPeak Wealth LLC boosted its holdings in Ford Motor by 1,711.3% during the first quarter. SteelPeak Wealth LLC now owns 695,347 shares of the auto manufacturer’s stock worth $9,234,000 after buying an additional 656,957 shares during the last quarter. Financial Partners Group LLC boosted its holdings in Ford Motor by 6.1% during the first quarter. Financial Partners Group LLC now owns 91,313 shares of the auto manufacturer’s stock worth $1,213,000 after buying an additional 5,289 shares during the last quarter. Cornerstone Wealth Group LLC bought a new position in Ford Motor during the first quarter worth about $150,000. Finally, Founders Financial Securities LLC boosted its holdings in Ford Motor by 297.2% during the first quarter. Founders Financial Securities LLC now owns 67,684 shares of the auto manufacturer’s stock worth $899,000 after buying an additional 50,643 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Trading Up 1.8 %

NYSE F opened at $12.77 on Tuesday. The stock has a market capitalization of $50.96 billion, a price-to-earnings ratio of 13.16, a PEG ratio of 0.81 and a beta of 1.62. The stock’s 50 day moving average price is $12.21 and its two-hundred day moving average price is $12.24. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. Ford Motor has a 52 week low of $9.63 and a 52 week high of $15.42.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.07. The firm had revenue of $42.78 billion for the quarter, compared to analyst estimates of $42.93 billion. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The business’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.63 EPS. As a group, analysts anticipate that Ford Motor will post 2.02 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend was Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on F. Sanford C. Bernstein began coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 target price on the stock. Barclays raised their target price on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. UBS Group lifted their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Citigroup lifted their price objective on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Finally, Royal Bank of Canada lifted their price objective on Ford Motor from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus price target of $13.89.

Insiders Place Their Bets

In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the transaction, the director now owns 168,601 shares of the company’s stock, valued at approximately $2,038,386.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.40% of the company’s stock.

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.