Ford Motor (NYSE:F) Holdings Raised by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC grew its position in Ford Motor (NYSE:F) by 123.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,256 shares of the auto manufacturer’s stock after acquiring an additional 15,608 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Ford Motor were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in F. Gilbert & Cook Inc. increased its holdings in shares of Ford Motor by 4.1% in the 4th quarter. Gilbert & Cook Inc. now owns 46,670 shares of the auto manufacturer’s stock valued at $569,000 after acquiring an additional 1,836 shares during the last quarter. Aveo Capital Partners LLC boosted its position in Ford Motor by 6.9% during the 4th quarter. Aveo Capital Partners LLC now owns 20,906 shares of the auto manufacturer’s stock valued at $255,000 after purchasing an additional 1,352 shares during the period. TD Asset Management Inc boosted its position in Ford Motor by 5.0% during the 4th quarter. TD Asset Management Inc now owns 1,389,586 shares of the auto manufacturer’s stock valued at $16,939,000 after purchasing an additional 66,619 shares during the period. Evoke Wealth LLC boosted its position in Ford Motor by 65.2% during the 4th quarter. Evoke Wealth LLC now owns 38,569 shares of the auto manufacturer’s stock valued at $470,000 after purchasing an additional 15,221 shares during the period. Finally, California State Teachers Retirement System boosted its position in Ford Motor by 1.1% during the 4th quarter. California State Teachers Retirement System now owns 6,365,991 shares of the auto manufacturer’s stock valued at $77,601,000 after purchasing an additional 69,440 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

F has been the subject of a number of analyst reports. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, September 10th. Evercore ISI upgraded Ford Motor to a “hold” rating in a research report on Friday, July 26th. Barclays reduced their price target on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. Finally, Wolfe Research began coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $12.64.

Ford Motor Trading Down 2.0 %

Shares of Ford Motor stock opened at $10.56 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The firm has a market cap of $42.16 billion, a price-to-earnings ratio of 10.89, a price-to-earnings-growth ratio of 0.79 and a beta of 1.62. The business has a fifty day simple moving average of $10.80 and a 200-day simple moving average of $11.97. 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 the consensus estimate 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 company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.72 EPS. On average, equities analysts forecast that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

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.