Ford Motor Company $F Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its holdings in Ford Motor Company (NYSE:F) by 41.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,144 shares of the auto manufacturer’s stock after purchasing an additional 15,666 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Ford Motor were worth $577,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in F. Grove Bank & Trust boosted its holdings in Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,882 shares during the period. Elite Financial Inc. bought a new stake in Ford Motor in the first quarter valued at $27,000. Olde Wealth Management LLC bought a new stake in Ford Motor in the first quarter valued at $28,000. MorganRosel Wealth Management LLC bought a new stake in Ford Motor in the first quarter valued at $30,000. Finally, WPG Advisers LLC bought a new stake in Ford Motor in the first quarter valued at $33,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Price Performance

NYSE F opened at $11.75 on Thursday. The stock’s 50-day moving average price is $11.65 and its two-hundred day moving average price is $10.86. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The company has a market cap of $46.76 billion, a PE ratio of 15.06, a PEG ratio of 3.43 and a beta of 1.53. Ford Motor Company has a 1 year low of $8.44 and a 1 year high of $12.80.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.04. The firm had revenue of $50.18 billion for the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.47 EPS. On average, analysts predict that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor’s payout ratio is 76.92%.

Wall Street Analysts Forecast Growth

F has been the topic of a number of recent research reports. Wells Fargo & Company raised their target price on Ford Motor from $8.00 to $10.00 and gave the company an “underweight” rating in a research note on Friday, October 3rd. Piper Sandler raised their target price on Ford Motor from $9.00 to $9.50 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Ford Motor in a research note on Saturday, September 27th. UBS Group raised their target price on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research note on Monday. Finally, Royal Bank Of Canada raised their target price on Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $11.04.

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.