First Pacific Financial Buys 6,562 Shares of Ford Motor Company $F

First Pacific Financial raised its stake in shares of Ford Motor Company (NYSE:F) by 3,281.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,762 shares of the auto manufacturer’s stock after purchasing an additional 6,562 shares during the period. First Pacific Financial’s holdings in Ford Motor were worth $73,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Childress Capital Advisors LLC raised its position in Ford Motor by 6.2% during the 2nd quarter. Childress Capital Advisors LLC now owns 17,321 shares of the auto manufacturer’s stock worth $188,000 after purchasing an additional 1,006 shares during the last quarter. Midwest Financial Group LLC raised its position in Ford Motor by 15.5% during the 2nd quarter. Midwest Financial Group LLC now owns 13,443 shares of the auto manufacturer’s stock worth $146,000 after purchasing an additional 1,801 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. raised its position in Ford Motor by 40.0% during the 2nd quarter. Generali Investments CEE investicni spolecnost a.s. now owns 420,000 shares of the auto manufacturer’s stock worth $4,557,000 after purchasing an additional 120,000 shares during the last quarter. Trivium Point Advisory LLC raised its position in Ford Motor by 4.9% during the 2nd quarter. Trivium Point Advisory LLC now owns 39,388 shares of the auto manufacturer’s stock worth $427,000 after purchasing an additional 1,847 shares during the last quarter. Finally, Emerald Advisors LLC raised its position in Ford Motor by 4.3% during the 2nd quarter. Emerald Advisors LLC now owns 37,500 shares of the auto manufacturer’s stock worth $407,000 after purchasing an additional 1,555 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

F has been the subject of several analyst reports. Royal Bank Of Canada raised their target price on Ford Motor from $10.00 to $11.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 5th. Dbs Bank lowered Ford Motor from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 4th. Barclays lifted their price objective on Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. The Goldman Sachs Group lifted their price objective on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, JPMorgan Chase & Co. lifted their price objective on Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $10.57.

Ford Motor Stock Performance

F stock opened at $12.26 on Thursday. Ford Motor Company has a 1-year low of $8.44 and a 1-year high of $12.31. The firm has a market cap of $48.77 billion, a PE ratio of 15.71, a price-to-earnings-growth ratio of 3.44 and a beta of 1.53. The stock has a 50-day moving average price of $11.54 and a 200-day moving average price of $10.78. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The business had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. During the same period in the previous year, the company posted $0.47 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. As a group, equities research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s payout ratio is presently 76.92%.

Ford Motor Company 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.