Ford Motor Company $F Position Raised by Howard Capital Management LLC

Howard Capital Management LLC boosted its holdings in Ford Motor Company (NYSE:F) by 218.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 492,873 shares of the auto manufacturer’s stock after purchasing an additional 338,021 shares during the quarter. Howard Capital Management LLC’s holdings in Ford Motor were worth $5,944,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in F. Annex Advisory Services LLC grew its position in shares of Ford Motor by 12.8% in the 3rd quarter. Annex Advisory Services LLC now owns 49,673 shares of the auto manufacturer’s stock valued at $599,000 after buying an additional 5,631 shares during the last quarter. Cantor Fitzgerald Investment Advisors L.P. lifted its position in Ford Motor by 1.4% in the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 71,050 shares of the auto manufacturer’s stock valued at $857,000 after acquiring an additional 950 shares during the last quarter. TopTier Wealth Management LLC purchased a new stake in Ford Motor in the third quarter valued at $672,000. SLT Holdings LLC acquired a new position in Ford Motor in the third quarter valued at $153,000. Finally, V Square Quantitative Management LLC boosted its stake in Ford Motor by 4.3% in the third quarter. V Square Quantitative Management LLC now owns 95,500 shares of the auto manufacturer’s stock valued at $1,152,000 after acquiring an additional 3,980 shares in the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Stock Performance

F stock traded up $0.14 on Friday, hitting $12.45. The company’s stock had a trading volume of 49,453,086 shares, compared to its average volume of 44,352,832. The stock has a market cap of $49.63 billion, a price-to-earnings ratio of -6.66, a price-to-earnings-growth ratio of 0.25 and a beta of 1.93. The firm has a 50 day moving average of $13.33 and a two-hundred day moving average of $13.56. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. Ford Motor Company has a 1 year low of $11.11 and a 1 year high of $17.78.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.09. The company had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. Ford Motor’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period last year, the firm posted $0.37 EPS. Equities analysts predict that Ford Motor Company will post 1.86 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.8%. Ford Motor’s dividend payout ratio (DPR) is currently -32.09%.

Wall Street Analysts Forecast Growth

F has been the topic of several research reports. Piper Sandler raised their price objective on Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. BNP Paribas Exane upped their target price on Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Royal Bank Of Canada upped their target price on Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 29th. DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price target on the stock in a research note on Friday, July 31st. Finally, Wells Fargo & Company lifted their price target on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $15.36.

Ford Motor Company Profile

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world’s oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.