Kendall Capital Management Increases Stock Position in Ford Motor (NYSE:F)

Kendall Capital Management raised its stake in shares of Ford Motor (NYSE:F) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 142,150 shares of the auto manufacturer’s stock after purchasing an additional 1,955 shares during the period. Kendall Capital Management’s holdings in Ford Motor were worth $1,783,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Olistico Wealth LLC purchased a new position in Ford Motor during the second quarter valued at $25,000. Financial Synergies Wealth Advisors Inc. lifted its holdings in Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares in the last quarter. Family Firm Inc. acquired a new stake in shares of Ford Motor in the second quarter valued at about $26,000. Fortis Group Advisors LLC raised its position in shares of Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after buying an additional 1,086 shares during the last quarter. Finally, Voisard Asset Management Group Inc. acquired a new stake in shares of Ford Motor in the fourth quarter valued at about $27,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Trading Up 0.8 %

Shares of F stock opened at $10.99 on Thursday. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The firm has a market cap of $43.86 billion, a PE ratio of 11.32, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. The company has a 50-day moving average of $11.34 and a two-hundred day moving average of $12.06. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.21). The company had revenue of $47.81 billion for the quarter, compared to analysts’ expectations of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business earned $0.72 EPS. On average, analysts predict that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Analyst Upgrades and Downgrades

F has been the subject of a number of recent research reports. Morgan Stanley reiterated an “overweight” rating and issued a $16.00 target price on shares of Ford Motor in a research report on Thursday, September 12th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Wells Fargo & Company reduced their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a research report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $12.95.

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.