Brighton Jones LLC Acquires 1,145 Shares of Ford Motor (NYSE:F)

Brighton Jones LLC grew its position in Ford Motor (NYSE:F) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,856 shares of the auto manufacturer’s stock after buying an additional 1,145 shares during the quarter. Brighton Jones LLC’s holdings in Ford Motor were worth $337,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in F. Olistico Wealth LLC purchased a new stake in shares of Ford Motor during the 2nd quarter worth $25,000. Fortis Group Advisors LLC lifted its stake in shares of Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after purchasing an additional 1,086 shares during the last quarter. Family Firm Inc. purchased a new stake in shares of Ford Motor during the 2nd quarter worth $26,000. Voisard Asset Management Group Inc. purchased a new stake in shares of Ford Motor during the 4th quarter worth $27,000. Finally, Financial Synergies Wealth Advisors Inc. lifted its stake in shares of Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,938 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on F. The Goldman Sachs Group decreased their price objective on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, July 25th. Wolfe Research initiated coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating for the company. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a research note on Tuesday, September 10th. Finally, StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $12.95.

Ford Motor Stock Down 0.4 %

Shares of F stock opened at $10.88 on Monday. The stock’s 50-day simple moving average is $11.23 and its 200-day simple moving average is $12.03. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The firm has a market capitalization of $43.44 billion, a PE ratio of 11.22, a P/E/G ratio of 0.76 and a beta of 1.62. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The firm had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share. Equities analysts expect that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

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.