Frank Rimerman Advisors LLC Grows Holdings in Ford Motor (NYSE:F)

Frank Rimerman Advisors LLC boosted its position in shares of Ford Motor (NYSE:F) by 245.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,962 shares of the auto manufacturer’s stock after acquiring an additional 29,121 shares during the period. Frank Rimerman Advisors LLC’s holdings in Ford Motor were worth $514,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in F. Olistico Wealth LLC bought a new position in shares of Ford Motor in the second quarter worth about $25,000. Fortis Group Advisors LLC lifted its holdings in Ford Motor by 100.0% in 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 in the last quarter. Family Firm Inc. bought a new position in Ford Motor in the 2nd quarter worth approximately $26,000. Voisard Asset Management Group Inc. purchased a new stake in Ford Motor during the 4th quarter valued at approximately $27,000. Finally, Financial Synergies Wealth Advisors Inc. raised its position in shares of 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 buying an additional 1,938 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.2 %

Shares of NYSE:F opened at $10.91 on Tuesday. The firm has a market capitalization of $43.54 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 0.76 and a beta of 1.62. The business has a 50 day simple moving average of $11.16 and a two-hundred day simple moving average of $12.02. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00.

Ford Motor (NYSE:F) last released its earnings results 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 business had revenue of $47.81 billion during 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 business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 EPS. On average, equities analysts predict that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders 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 yield of 5.50%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group dropped their target price on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. Morgan Stanley reaffirmed an “overweight” rating and issued a $16.00 target price on shares of Ford Motor in a report on Thursday, September 12th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 price objective on shares of Ford Motor in a research note on Tuesday, September 10th. Finally, Barclays lowered their target price 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. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus price target of $12.95.

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.