Financial Avengers Inc. Sells 207,796 Shares of Ford Motor Company $F

Financial Avengers Inc. decreased its position in shares of Ford Motor Company (NYSE:F) by 96.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,301 shares of the auto manufacturer’s stock after selling 207,796 shares during the period. Financial Avengers Inc.’s holdings in Ford Motor were worth $90,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisors Capital Management LLC grew its position in Ford Motor by 7.1% during the second quarter. Advisors Capital Management LLC now owns 13,428 shares of the auto manufacturer’s stock valued at $146,000 after acquiring an additional 885 shares during the last quarter. Parcion Private Wealth LLC lifted its stake in Ford Motor by 7.9% in the second quarter. Parcion Private Wealth LLC now owns 12,557 shares of the auto manufacturer’s stock worth $136,000 after purchasing an additional 919 shares during the last quarter. Wedmont Private Capital boosted its position in Ford Motor by 3.0% during the second quarter. Wedmont Private Capital now owns 31,593 shares of the auto manufacturer’s stock valued at $374,000 after buying an additional 934 shares during the period. Convergence Investment Partners LLC boosted its position in Ford Motor by 7.4% during the second quarter. Convergence Investment Partners LLC now owns 13,707 shares of the auto manufacturer’s stock valued at $149,000 after buying an additional 941 shares during the period. Finally, Hemington Wealth Management grew its stake in shares of Ford Motor by 30.9% during the second quarter. Hemington Wealth Management now owns 4,016 shares of the auto manufacturer’s stock valued at $43,000 after buying an additional 947 shares during the last quarter. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Shares of F stock opened at $13.18 on Thursday. The company has a quick ratio of 0.98, a current ratio of 1.12 and a debt-to-equity ratio of 2.20. The business’s fifty day moving average is $12.50 and its 200 day moving average is $11.59. The stock has a market cap of $52.50 billion, a price-to-earnings ratio of 11.36, a PEG ratio of 4.03 and a beta of 1.60. Ford Motor Company has a twelve month low of $8.44 and a twelve month high of $13.97.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, topping the consensus estimate of $0.38 by $0.07. Ford Motor had a net margin of 2.48% and a return on equity of 11.94%. The business had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. During the same quarter in the previous year, the firm posted $0.49 earnings per share. Ford Motor’s quarterly revenue was up 9.4% on a year-over-year basis. Research analysts expect that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 7th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Friday, November 7th. Ford Motor’s payout ratio is 51.72%.

Analyst Upgrades and Downgrades

F has been the subject of several analyst reports. Citigroup increased their target price on Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday, October 27th. Jefferies Financial Group upgraded shares of Ford Motor from an “underperform” rating to a “hold” rating and raised their target price for the stock from $9.00 to $12.00 in a report on Monday, October 6th. UBS Group lifted their target price on shares of Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Royal Bank Of Canada increased their price target on shares of Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a research report on Friday, October 24th. Finally, Evercore ISI boosted their price objective on shares of Ford Motor from $10.00 to $12.00 and gave the company an “in-line” rating in a research report on Monday. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $11.88.

Ford Motor 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.