Arbor Investment Advisors LLC Sells 4,463 Shares of Ford Motor Company $F

Arbor Investment Advisors LLC decreased its holdings in shares of Ford Motor Company (NYSE:F) by 22.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,400 shares of the auto manufacturer’s stock after selling 4,463 shares during the period. Arbor Investment Advisors LLC’s holdings in Ford Motor were worth $167,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Advisors Capital Management LLC raised its position in Ford Motor by 9.6% during the 1st quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock valued at $126,000 after purchasing an additional 1,100 shares during the last quarter. FORA Capital LLC bought a new position in Ford Motor during the 1st quarter valued at approximately $7,398,000. Generali Investments CEE investicni spolecnost a.s. raised its position in Ford Motor by 25.0% during the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer’s stock valued at $3,009,000 after purchasing an additional 60,000 shares during the last quarter. Teza Capital Management LLC bought a new position in Ford Motor during the 1st quarter valued at approximately $465,000. Finally, Quantitative Investment Management LLC bought a new position in Ford Motor during the 1st quarter valued at approximately $2,373,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 1.6%

F stock opened at $11.93 on Monday. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $12.80. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. The firm has a market cap of $47.46 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 3.47 and a beta of 1.53. The business has a 50 day moving average of $11.72 and a 200 day moving average of $10.95.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share 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 company had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. During the same quarter last year, the company earned $0.47 EPS. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. On average, research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal 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 5.0%. The ex-dividend date was Monday, August 11th. Ford Motor’s dividend payout ratio (DPR) is currently 76.92%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on F. UBS Group increased their target price on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Barclays increased their target price 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. Wall Street Zen raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. JPMorgan Chase & Co. increased their target price on Ford Motor from $12.00 to $13.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, Piper Sandler increased their target price on Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a research report on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average price target of $11.04.

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.