Invst LLC Decreases Stake in Ford Motor (NYSE:F)

Invst LLC cut its holdings in shares of Ford Motor (NYSE:F) by 9.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,797 shares of the auto manufacturer’s stock after selling 1,199 shares during the quarter. Invst LLC’s holdings in Ford Motor were worth $151,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in F. Second Line Capital LLC purchased a new position in shares of Ford Motor in the second quarter valued at $159,000. William B. Walkup & Associates Inc. purchased a new stake in shares of Ford Motor in the second quarter worth about $439,000. Sunbelt Securities Inc. boosted its position in shares of Ford Motor by 26.9% in the second quarter. Sunbelt Securities Inc. now owns 33,499 shares of the auto manufacturer’s stock valued at $420,000 after acquiring an additional 7,107 shares during the period. NewEdge Advisors LLC lifted its stake in Ford Motor by 38.4% in the 2nd quarter. NewEdge Advisors LLC now owns 284,525 shares of the auto manufacturer’s stock worth $3,568,000 after purchasing an additional 78,926 shares in the last quarter. Finally, Silver Lake Advisory LLC bought a new position in Ford Motor in the 2nd quarter valued at $159,000. Institutional investors own 58.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on F. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $11.00 price target on shares of Ford Motor in a research report on Tuesday, September 10th. Barclays cut their price objective on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, July 25th. Wells Fargo & Company lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Finally, Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $12.72.

Ford Motor Stock Performance

NYSE:F opened at $10.76 on Wednesday. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. Ford Motor has a fifty-two week low of $9.49 and a fifty-two week high of $14.85. The business has a 50 day moving average price of $10.73 and a 200-day moving average price of $11.96. The firm has a market cap of $42.94 billion, a PE ratio of 11.09, a price-to-earnings-growth ratio of 0.79 and a beta of 1.62.

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

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) 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.