Sunbelt Securities Inc. Has $420,000 Stock Holdings in Ford Motor (NYSE:F)

Sunbelt Securities Inc. boosted its holdings in shares of Ford Motor (NYSE:F) by 26.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,499 shares of the auto manufacturer’s stock after purchasing an additional 7,107 shares during the period. Sunbelt Securities Inc.’s holdings in Ford Motor were worth $420,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its stake in shares of Ford Motor by 38.4% in the 2nd quarter. NewEdge Advisors LLC now owns 284,525 shares of the auto manufacturer’s stock valued at $3,568,000 after purchasing an additional 78,926 shares in the last quarter. Silver Lake Advisory LLC bought a new position in Ford Motor during the 2nd quarter valued at about $159,000. Creative Planning boosted its position in Ford Motor by 0.6% in the second quarter. Creative Planning now owns 1,940,973 shares of the auto manufacturer’s stock valued at $24,340,000 after buying an additional 12,050 shares in the last quarter. Algert Global LLC bought a new stake in Ford Motor during the second quarter worth about $214,000. Finally, Susquehanna International Group Ltd. acquired a new stake in shares of Ford Motor during the second quarter worth approximately $604,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Up 1.8 %

Shares of Ford Motor stock opened at $10.76 on Wednesday. Ford Motor has a 12 month low of $9.49 and a 12 month high of $14.85. The business has a fifty day simple moving average of $10.73 and a 200 day simple moving average of $11.96. 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 stock 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 announced 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). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. During the same period last year, the company earned $0.72 earnings per share. The business’s revenue was up 6.3% compared to the same quarter last year. Research analysts predict that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared 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. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.58%. Ford Motor’s dividend payout ratio is 61.86%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on F shares. Wells Fargo & Company reduced their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. StockNews.com raised 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. Finally, Royal Bank of Canada lowered their price objective on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research report on Monday, August 12th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $12.72.

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.