SS&H Financial Advisors Inc. Purchases 6,800 Shares of Ford Motor (NYSE:F)

SS&H Financial Advisors Inc. raised its position in shares of Ford Motor (NYSE:F) by 23.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,250 shares of the auto manufacturer’s stock after buying an additional 6,800 shares during the quarter. SS&H Financial Advisors Inc.’s holdings in Ford Motor were worth $454,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Olistico Wealth LLC acquired a new position in Ford Motor during the 2nd quarter valued at about $25,000. Fortis Group Advisors LLC lifted its position in shares of Ford Motor by 100.0% in the fourth 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 in the last quarter. Family Firm Inc. acquired a new position in Ford Motor during the second quarter worth about $26,000. Voisard Asset Management Group Inc. purchased a new position in shares of Ford Motor during the 4th quarter worth $27,000. Finally, Financial Synergies Wealth Advisors Inc. raised its position in Ford Motor by 1,997.9% in 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 during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

F has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $11.00 target price on shares of Ford Motor in a research note on Tuesday, September 10th. Royal Bank of Canada dropped their target price on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Monday, August 12th. Wolfe Research assumed coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research note on Friday, July 26th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $12.72.

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 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 capitalization of $42.94 billion, a P/E ratio of 11.09, a PEG ratio of 0.79 and a beta of 1.62. The stock has a 50 day moving average price of $10.73 and a two-hundred day moving average price of $11.96.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 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 during the quarter, compared to the consensus estimate of $47.79 billion. During the same period last year, the business earned $0.72 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. Equities analysts expect that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders 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 5.58%. Ford Motor’s dividend payout ratio (DPR) is presently 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.