Fidelis Capital Partners LLC Purchases 3,909 Shares of Ford Motor (NYSE:F)

Fidelis Capital Partners LLC grew its holdings in shares of Ford Motor (NYSE:F) by 54.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,149 shares of the auto manufacturer’s stock after purchasing an additional 3,909 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Ford Motor were worth $140,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in F. Olistico Wealth LLC purchased a new stake in Ford Motor during the second quarter valued at approximately $25,000. Fortis Group Advisors LLC grew its position 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 valued at $26,000 after acquiring an additional 1,086 shares during the period. Family Firm Inc. purchased a new stake in shares of Ford Motor in the 2nd quarter worth $26,000. Voisard Asset Management Group Inc. bought a new position in Ford Motor in the 4th quarter worth $27,000. Finally, Financial Synergies Wealth Advisors Inc. lifted its position 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. Institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on F shares. Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. Wolfe Research started coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Finally, The Goldman Sachs Group cut their price target 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. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $12.95.

Ford Motor Trading Up 0.2 %

Shares of F stock opened at $10.91 on Tuesday. The stock’s 50-day moving average price is $11.16 and its 200-day moving average price is $12.02. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The stock has a market capitalization of $43.54 billion, a price-to-earnings ratio of 11.24, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30.

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

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were paid a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.50%. Ford Motor’s payout ratio is currently 61.86%.

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.