Ford Motor (NYSE:F) Holdings Boosted by Centaurus Financial Inc.

Centaurus Financial Inc. raised its position in shares of Ford Motor (NYSE:F) by 4.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,147 shares of the auto manufacturer’s stock after purchasing an additional 2,300 shares during the quarter. Centaurus Financial Inc.’s holdings in Ford Motor were worth $692,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of F. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the second quarter worth approximately $25,000. Financial Synergies Wealth Advisors Inc. raised its holdings 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 worth $27,000 after acquiring an additional 1,938 shares in the last quarter. Family Firm Inc. purchased a new position in Ford Motor in the second quarter valued at about $26,000. Quarry LP acquired a new stake in shares of Ford Motor during the 2nd quarter valued at about $27,000. Finally, Fortis Group Advisors LLC increased its holdings in Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after buying an additional 1,086 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on F. Wolfe Research started coverage on shares of Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating for the company. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $12.00 to $13.00 in a research report on Tuesday. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note 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 report on Tuesday, September 10th. Finally, Royal Bank of Canada reduced 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 note on Monday, August 12th. Two 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $12.72.

Ford Motor Trading Up 1.1 %

Shares of Ford Motor stock opened at $10.57 on Friday. The firm has a market capitalization of $42.18 billion, a PE ratio of 10.89, a price-to-earnings-growth ratio of 0.79 and a beta of 1.62. The company’s fifty day moving average price is $10.64 and its two-hundred day moving average price is $11.93. Ford Motor has a 52-week low of $9.49 and a 52-week 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 quarterly earnings data 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). 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 for the quarter, compared to analyst estimates of $47.79 billion. During the same period in the previous year, the firm posted $0.72 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, analysts expect that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Announces Dividend

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

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.