41,805 Shares in Ford Motor Company $F Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC acquired a new stake in shares of Ford Motor Company (NYSE:F) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 41,805 shares of the auto manufacturer’s stock, valued at approximately $581,000.

Other institutional investors have also recently added to or reduced their stakes in the company. MV Capital Management Inc. acquired a new position in shares of Ford Motor during the fourth quarter valued at $25,000. McMillan Office Inc. bought a new stake in Ford Motor in the 4th quarter valued at about $26,000. Legacy Wealth Managment LLC ID lifted its position in Ford Motor by 108.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,230 shares during the last quarter. Johnson Financial Group Inc. boosted its stake in Ford Motor by 55.4% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock valued at $28,000 after purchasing an additional 837 shares during the period. Finally, Caldwell Trust Co boosted its stake in Ford Motor by 605.8% during the 1st quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 2,175 shares during the period. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Price Performance

Shares of Ford Motor stock opened at $14.07 on Tuesday. The stock has a market capitalization of $56.11 billion, a price-to-earnings ratio of -7.52, a PEG ratio of 0.30 and a beta of 1.82. The firm has a fifty day simple moving average of $14.16 and a 200-day simple moving average of $13.50. Ford Motor Company has a 1-year low of $11.11 and a 1-year high of $17.78. 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 (NYSE:F) last issued its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09. The firm had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.37 earnings per share. On average, sell-side analysts expect that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor’s dividend payout ratio (DPR) is currently -32.09%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on F shares. Royal Bank Of Canada raised their price target on shares of Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 29th. DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 target price on the stock in a research report on Friday, July 31st. TD Cowen lifted their target price on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. Dbs Bank upgraded shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, August 11th. Finally, UBS Group lifted their target price on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $15.68.

Ford Motor Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.